Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Infrastructure pumps up M&A value in post-pandemic quarter
The pandemic has been plotting a comeback in April. The January-March period, by contrast, was seen as a post-pandemic quarter...
Finance
Citigroup profit triples on reserve release, to exit some consumer units in Asia
Citigroup Inc trounced market estimates for first-quarter profit on Thursday as the third-largest U.S. lender released reserves...
Finance
Hong Kong-based Ares SSG raises capital for third secured-lending fund
Alternative asset manager Ares SSG, previously known as SSG Capital, has raised capital for its latest secured lending fund focused...
Finance
Watch: How to lure more domestic family offices to alternatives?
Domestic family offices are yet to go big on alternatives as returns have been patchy and fund managers do not ......
Finance
Goldman Sachs' bumper quarter fuels optimism on targets
Goldman Sachs Group Inc surged past Wall Street expectations for first-quarter profit on Wednesday, as the U.S. investment banking...
Finance
IFC to invest up to $20 mn in Faering Capital's third private equity fund
World Bank’s International Finance Corporation (IFC) said it has proposed to invest up to $20 million (Rs 150 crore) in...
Finance
Ward Ferry, Fairfax, others to invest in discount broker 5paisa Capital
The board of IIFL Holdings-owned 5paisa Capital, the only publicly listed discount broker, has approved fundraise worth about...
Finance
Italy's Enel Green Power to get IFC debt for Bikaner project
World Bank’s International Finance Corporation (IFC) has proposed a debt investment of $50 million (Rs 376 crore) for construction...
Consumer
Fraud-hit sugar maker faces the crusher as company ordered for liquidation
Tamil Nadu’s fraud-hit Thiru Arooran Sugars Ltd is headed for liquidation after lenders failed to receive any viable revival...
Consumer
Yarn maker Sintex Industries enters bankruptcy on creditor plea
An insolvency tribunal has admitted fraud-hit textile and yarn manufacturer Sintex Industries on a plea by Invesco Asset Management...
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