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

TPG Growth, Norwest Venture, Evolvence invest more money in Ess Kay Fincorp

Finance

13 May, 2021

TPG Growth, Norwest Venture, Evolvence invest more money in Ess Kay Fincorp

TPG Growth, Norwest Venture Partners and Evolvence have invested Rs 337 crore (about $45 million) in the Series E funding ......

India's prized investment grade status hanging by a thread

Finance

13 May, 2021

India's prized investment grade status hanging by a thread

India's devastating COVID-19 crisis is making investors question more than ever whether after years of debt accumulation and...

Sun Pharma Advanced Research to issue warrants worth about $160 mn

Finance

12 May, 2021

Sun Pharma Advanced Research to issue warrants worth about $160 mn

Sun Pharma Advanced Research Co Ltd, a clinical stage bio-pharmaceutical company, on Wednesday said that it will issue warrants...

SBI stressed assets specialist set to become first CEO of proposed bad bank

Finance

12 May, 2021

SBI stressed assets specialist set to become first CEO of proposed bad bank

State Bank of India’s (SBI) Padmakumar Madhavan Nair has been appointed as chief executive officer of a bad bank or ......

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Siguler Guff marks final close of co-investment fund for India, emerging markets

Finance

12 May, 2021

Siguler Guff marks final close of co-investment fund for India, emerging markets

Siguler Guff & Company has marked the final close of a global emerging markets co-investment (GEMCo) fund which will make...

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Are Bessemer, Investcorp poised for windfall from Medi Assist's IPO?

Finance

11 May, 2021

Are Bessemer, Investcorp poised for windfall from Medi Assist's IPO?

Bengaluru-based Medi Assist Healthcare Services Limited, which manages claims related to health insurance, has filed draft papers...

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PE investor Bay Tree sells a third of its stake in Yes Bank; sitting on 1.2x returns

Finance

11 May, 2021

PE investor Bay Tree sells a third of its stake in Yes Bank; sitting on 1.2x returns

Bay Tree India Holdings has sold almost a third of its stake in Yes Bank at a price that indicates ......

JSW Hydro Energy raises over $700 mn via maiden global bond offering

Infrastructure

11 May, 2021

JSW Hydro Energy raises over $700 mn via maiden global bond offering

JSW Hydro Energy today said it has raised $707 million (Rs 5,185 crore) through fixed-rate senior secured green bonds for ......

Just born unicorn Groww to snap up mutual fund biz of Indiabulls Housing Finance

Finance

11 May, 2021

Just born unicorn Groww to snap up mutual fund biz of Indiabulls Housing Finance

Indiabulls Housing Finance on Tuesday said it will divest its mutual fund business to investment platform Groww for Rs 175 ......

NCLT initiates bankruptcy proceedings against financial unit of fraud-hit Cox & Kings

Finance

11 May, 2021

NCLT initiates bankruptcy proceedings against financial unit of fraud-hit Cox & Kings

The National Company Law Tribunal (NCLT) has admitted the financial unit of debt-laden travel firm Cox & Kings to insolvency...

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