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InCred seeks to raise $150 mn to fund expansion

Finance

31 January, 2023

InCred seeks to raise $150 mn to fund expansion

Corporate financer InCred Capital Financial Services Ltd is in talks with pension and sovereign wealth funds to raise $......

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ACT investors may consider dividend recap

Finance

31 January, 2023

ACT investors may consider dividend recap

Private equity firms True North and TA Associates are exploring a dividend recapitalization deal that may unlock $250-......

Abu Dhabi's IHC to invest $400 mn in Adani FPO

Finance

30 January, 2023

Abu Dhabi's IHC to invest $400 mn in Adani FPO

Abu Dhabi's International Holding Company (IHC) on Monday announced that will invest $400 million in Adani ......

Zoho's FY22 top, bottomlines grow on higher sales of main software

Finance

30 January, 2023

Zoho's FY22 top, bottomlines grow on higher sales of main software

Zoho Corporation has posted a rise of 43.3% in its net profit to Rs 2,748.8 crore in the FY22, from ......

Markets snap losing streak as key Adani stocks cap losses

Finance

30 January, 2023

Markets snap losing streak as key Adani stocks cap losses

Shares struggled for direction in a volatile session on Monday, ahead of the Union budget, as select Adani stocks ......

LIC reviewing Adani response to Hindenburg's allegations

Finance

30 January, 2023

LIC reviewing Adani response to Hindenburg's allegations

The Life Insurance Corporation (LIC) said on Monday it was reviewing the Adani Group's response to scathing ......

Adani's market loss swells to $66 bn as its fight with short-seller escalates

Finance

30 January, 2023

Adani's market loss swells to $66 bn as its fight with short-seller escalates

Most Adani group shares extended their sharp falls on Monday as the Indian conglomerate's rebuttal of a US short-......

Adani Group carnage drives markets to over 3-mnth lows

Finance

27 January, 2023

Adani Group carnage drives markets to over 3-mnth lows

Markets ended more than 1% lower to hit a three-month low on Friday as a short-seller attack on Adani Group ......

RBI's ban on SBM Bank's forex transactions hurts fintech firms

Finance

27 January, 2023

RBI's ban on SBM Bank's forex transactions hurts fintech firms

Wealthtech startups Vested Finance and IndMoney have been impacted after the Reserve Bank of India (RBI) had barred SBM ......

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Karnataka govt eyes fund for fintech startups

Finance

27 January, 2023

Karnataka govt eyes fund for fintech startups

The Karnataka government plans to create a fintech fund to spur growth of the startup ecosystem in the state and ......

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