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Finance

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

SoftBank Group wants to change the future by backing risk-taking tech entrepreneurs: Masayoshi Son

Finance

03 December, 2021

SoftBank Group wants to change the future by backing risk-taking tech entrepreneurs: Masayoshi Son

SoftBank Group, which reported a 43% compounded internal rate of return (IRR) over the last 20 years because it took ......

Indian shares end lower on Omicron uncertainty, Reliance drag

Finance

03 December, 2021

Indian shares end lower on Omicron uncertainty, Reliance drag

Indian shares reversed course to trade lower on Friday as losses in pharma stocks overshadowed gains in energy and banking ......

Sebi to regulate cryptos as assets

Finance

03 December, 2021

Sebi to regulate cryptos as assets

The Union government has decided to bring cryptocurrencies under a regulatory framework instead of banning them, two people with...

India's services activity grew robustly in Nov; price pressures intensify

Economy

03 December, 2021

India's services activity grew robustly in Nov; price pressures intensify

Activity in India's dominant services sector continued to grow at a robust pace last month supported by a strong recovery...

Star Health raises lower than targeted amount in IPO amid weak demand

Finance

02 December, 2021

Star Health raises lower than targeted amount in IPO amid weak demand

The initial public offering (IPO) of Star Health & Allied Insurance Co Ltd sailed through on the final day, after ......

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SBI puts Rs 4,000 cr loan exposure in KSK Mahanadi up for sale

Finance

02 December, 2021

SBI puts Rs 4,000 cr loan exposure in KSK Mahanadi up for sale

State Bank of India, the country’s largest public sector lender, has put loans worth Rs 4101.87 crore ($547 million) in...

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Westbridge Capital-backed Star Health to cut OFS size amid weak demand for IPO

Finance

02 December, 2021

Westbridge Capital-backed Star Health to cut OFS size amid weak demand for IPO

The initial public offering of Star Health and Allied Insurance Co Ltd will cut its offer for sale (sale of ......

Slice backer 8i Ventures launches second VC fund of $50mn

Finance

02 December, 2021

Slice backer 8i Ventures launches second VC fund of $50mn

Early-stage venture capital firm 8i Ventures, which has backed company such as the recently turned fintech unicorn Slice and specialty...

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Fairfax made its first partial exit from IIFL, sitting on below-benchmark returns

Finance

02 December, 2021

Fairfax made its first partial exit from IIFL, sitting on below-benchmark returns

Canadian billionaire Prem Watsa’s Fairfax has made a partial exit from non-banking financial company (NBFC) IIFL Finance.  The...

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Open backer Unicorn India Ventures raises bulk of second fund, adds global LPs

Finance

02 December, 2021

Open backer Unicorn India Ventures raises bulk of second fund, adds global LPs

Unicorn India Ventures, backer of companies such as neo-banking startup Open, micro-lending startup SmartCoin and robotics firm...

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