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Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

The $54 bn olive branch for Credit Suisse that soothed investor nerves

Finance

16 March, 2023

The $54 bn olive branch for Credit Suisse that soothed investor nerves

Credit Suisse said on Thursday it would borrow up to $54billion from Switzerland's central bank to shore up ......

SVB fallout to weigh on banks, PE firms turning to peers for debt: Bain Capital's Connaughton

Finance

16 March, 2023

SVB fallout to weigh on banks, PE firms turning to peers for debt: Bain Capital's Connaughton

Bain Capital's co-managing partner, John Connaughton, told Reuters on Wednesday that the fallout from SVB Financial ......

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How Canadian pension fund OTPP stepped up its India play last year

Finance

15 March, 2023

How Canadian pension fund OTPP stepped up its India play last year

Ontario Teachers’ Pension Plan (OTPP) rapidly stepped up its investments into Indian companies last year, joining ......

Credit Suisse woes trigger wave of red over global equity

Finance

15 March, 2023

Credit Suisse woes trigger wave of red over global equity

Renewed unease gripped world markets on Wednesday as news that Credit Suisse's largest investor said it could not ......

Mfine backer Heritas Capital marks first close of Asian impact fund

Finance

15 March, 2023

Mfine backer Heritas Capital marks first close of Asian impact fund

Singapore-based private investment firm Heritas Capital, which has around 20 companies in its portfolio including ......

Credit Suisse's largest backer says can't invest more in Swiss bank as shares plunge

Finance

15 March, 2023

Credit Suisse's largest backer says can't invest more in Swiss bank as shares plunge

The head of Credit Suisse Group's largest shareholder, Saudi National Bank (SNB), said on Wednesday it would not buy......

India allows foreign law firms to practice in M&As, other select fields

Finance

15 March, 2023

India allows foreign law firms to practice in M&As, other select fields

In a significant move that can open up cross-border deal pipelines for global law firms, the Bar Council of India ......

Sensex, Nifty continue downtick for fifth session; positive inflation data offset by struggling financials

Finance

15 March, 2023

Sensex, Nifty continue downtick for fifth session; positive inflation data offset by struggling financials

Shares extended losses for a fifth straight session on Wednesday, dragged by financials while favourable inflation data ......

SVB collapse may shift eyes towards SoftBank investments

Finance

15 March, 2023

SVB collapse may shift eyes towards SoftBank investments

The spectacular collapse of Silicon Valley Bank might increase trouble for other US lenders, and bring SoftBank Group ......

BPEA EQT, other PE firms eye stake in Shriram Finance's housing arm

Finance

15 March, 2023

BPEA EQT, other PE firms eye stake in Shriram Finance's housing arm

Indian shadow lender Shriram Finance is looking to pare as much as 15% stake in its housing finance arm at ......

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