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Finance

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

Kingfisher Airlines lenders recover $787 mn by selling pledged shares

Finance

23 June, 2021

Kingfisher Airlines lenders recover $787 mn by selling pledged shares

Nine years after bankrupt Kingfisher Airlines Ltd was grounded, the State Bank of India-led lenders consortium has managed to...

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Edelweiss gears up for Series IIIA as Crossover III set to hit final close by next month

Finance

23 June, 2021

Edelweiss gears up for Series IIIA as Crossover III set to hit final close by next month

Edelweiss Wealth Management will launch Series IIIA fund right after the Series III vehicle hits final close by early next ......

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CDC emerges frontrunner to invest in PE-backed home financier

Finance

23 June, 2021

CDC emerges frontrunner to invest in PE-backed home financier

CDC Group Plc, the UK’s development finance institution, has emerged as the frontrunner to invest in an Indian housing financier,...

Tiger Global, Sequoia lead Series B funding in Progcap

Finance

21 June, 2021

Tiger Global, Sequoia lead Series B funding in Progcap

Desiderata Impact Ventures operated Progcap is enroute to building a full stack digital platform for last mile retailers even...

IKEA, Rockefeller foundations partner over $1 bn global platform to fight climate change

Finance

21 June, 2021

IKEA, Rockefeller foundations partner over $1 bn global platform to fight climate change

The IKEA Foundation and The Rockefeller Foundation have partnered to form a $1 billion global platform to fight climate change.  The...

PNB Housing Finance appeals SEBI order delaying Carlyle-led fundraise

Finance

21 June, 2021

PNB Housing Finance appeals SEBI order delaying Carlyle-led fundraise

A day after the markets regulator delayed global private equity major Carlyle’s investment plan for PNB Housing Finance,...

Authum Investment emerges as highest bidder for stressed Reliance Home Finance

Finance

21 June, 2021

Authum Investment emerges as highest bidder for stressed Reliance Home Finance

Mumbai-based non-bank lender Authum Investment and Infrastructure has emerged as the highest bidder for debt-laden Reliance Home...

IDBI Bank invites bids for its stake in Avenue Capital-backed Arcil

Finance

18 June, 2021

IDBI Bank invites bids for its stake in Avenue Capital-backed Arcil

IDBI Bank has invited bids for around 19% stake in Avenue Capital-backed Asset Reconstruction Company (India) Limited (Arcil)...

GIC picks up minority stake in Max Financial Services

Finance

18 June, 2021

GIC picks up minority stake in Max Financial Services

Singaporean sovereign wealth fund GIC Pte Ltd has acquired a promoter’s stake in Max Financial Services Ltd, the publicly...

Singapore's Makara to invest $297 mn in Srei Equipment Finance

Finance

18 June, 2021

Singapore's Makara to invest $297 mn in Srei Equipment Finance

India’s largest equipment finance firm Srei Equipment Finance Ltd said Singapore’s Makara Capital Partners Pte Ltd...

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