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

WestBridge backed Star Health and Allied Insurance files draft papers for IPO

Finance

23 July, 2021

WestBridge backed Star Health and Allied Insurance files draft papers for IPO

Chennai-based Star Health and Allied Insurance Co Ltd, backed by private equity firm WestBridge and ace investor Rakesh Jhunjhunwala...

Central bank looking at phased launch of its own digital currency

Finance

23 July, 2021

Central bank looking at phased launch of its own digital currency

The Reserve Bank of India is considering a phased introduction of its own central bank digital currency (CBDC), deputy governor...

Jayaraman quits as i-banking head at Spark Capital; insider to take over

Finance

23 July, 2021

Jayaraman quits as i-banking head at Spark Capital; insider to take over

Spark Capital Advisors (I) Pvt Ltd, known for investment banking and capital market brokerage businesses, said that Abhijit Chiripal...

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Weekly Deals Wrap: Edtech dominates charts, Swiggy closes big funding as rival lists

Finance

23 July, 2021

Weekly Deals Wrap: Edtech dominates charts, Swiggy closes big funding as rival lists

Byju's, flush from millions of dollars raised from Abu Dhabi's state entity ADQ, Blackstone and others last month, led...

Blackstone doubles second quarter earnings on surging asset sales

Finance

23 July, 2021

Blackstone doubles second quarter earnings on surging asset sales

Blackstone Group Inc said on Thursday its second-quarter distributable earnings nearly doubled year-on-year, driven by a surge...

Carlyle seeks to raise as much as $27 billion for latest flagship fund

Finance

23 July, 2021

Carlyle seeks to raise as much as $27 billion for latest flagship fund

Private equity firm Carlyle Group Inc is looking to raise as much as $27 billion for its latest flagship fund, ......

Blackstone collects over $5 bn for second Asia fund, to raise third Asia realty fund

Finance

23 July, 2021

Blackstone collects over $5 bn for second Asia fund, to raise third Asia realty fund

Blackstone Group Inc has raised over $5 billion (Rs 37,250 crore) for its second Asia fund and plans to launch ......

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NCLTs lash out at insolvency resolution professionals over steep haircuts

Finance

22 July, 2021

NCLTs lash out at insolvency resolution professionals over steep haircuts

“Get better resolutions…reduce haircuts…will not approve the plans with low value offerings...”  These...

Incofin's India Progress Fund hits first close

Finance

22 July, 2021

Incofin's India Progress Fund hits first close

Incofin IM today announced the first close of its India Progress Fund (IPF) at Rs 450 crore, the company said ......

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Investec launches alternative investment fund as it expands credit strategy

Finance

22 July, 2021

Investec launches alternative investment fund as it expands credit strategy

Investec Credit Finance Pvt Ltd is launching an alternative investment fund to lend to mid-market corporate firms as the company...

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