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

Private equity firm TPG's Q4 earnings drop on lower asset sales

Finance

15 February, 2023

Private equity firm TPG's Q4 earnings drop on lower asset sales

TPG Inc said on Wednesday that its fourth-quarter distributable earnings fell 26% year-on-year as it cashed out fewer ......

Markets rise as beaten-down IT stocks recover

Finance

15 February, 2023

Markets rise as beaten-down IT stocks recover

Shares overcame a lacklustre start to close higher on Wednesday, with the benchmark Nifty reclaiming the 18,000 mark ......

Rupee at over 1-month low on growing bets of multiple Fed hikes

Finance

15 February, 2023

Rupee at over 1-month low on growing bets of multiple Fed hikes

The Indian rupee declined to more than a one-month low on Wednesday after the U.S. inflation print cemented expectations......

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The rise and rise of quick commerce, but where's the profitability?

Finance

15 February, 2023

The rise and rise of quick commerce, but where's the profitability?

Addicted to laziness. That’s how Vidhi Maheshwari describes herself. It’s easy to see why. Recently, the digital ......

Blackstone says India top Asian market, eyes infra investments

Finance

14 February, 2023

Blackstone says India top Asian market, eyes infra investments

India will continue to be Blackstone Inc's biggest market in Asia and the private equity giant may consider ......

PayU onboards former IndusInd exec to lead risk ops

Finance

14 February, 2023

PayU onboards former IndusInd exec to lead risk ops

Prosus-owned PayU Payments Pvt Ltd on Tuesday appointed Manish Deo as the company’s head of risk operations and anti-......

India M&A momentum to remain strong in 2023, says report

Finance

14 February, 2023

India M&A momentum to remain strong in 2023, says report

Mergers and acquisitions (M&A) in India are expected to increase in 2023, as global companies remain keen on growing ......

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ReshaMandi looking to raise Series B round at $300-400 mn valn

Finance

15 February, 2023

ReshaMandi looking to raise Series B round at $300-400 mn valn

Business-to-business (B2B) natural fibre startup ReshaMandi is in advanced talks with private equity firms such as ......

IT stocks lift markets ahead of key US inflation data

Finance

14 February, 2023

IT stocks lift markets ahead of key US inflation data

Markets advanced on Tuesday, led by gains in IT stocks ahead of US inflation data later in the day, while ......

PhonePe raises additional $100 mn as part of $1 bn round

Finance

14 February, 2023

PhonePe raises additional $100 mn as part of $1 bn round

Walmart-owned digital payments platform PhonePe said it raised an additional $100 million in primary capital from Tiger Global, Ribbit Capital ......

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