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

India likely to announce stake sales of IDBI Bank, LIC

Finance

28 January, 2021

India likely to announce stake sales of IDBI Bank, LIC

India's government plans to announce the sale of a 10% to 15% stake in state-run Life Insurance Corp, the country's ......

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UTI Capital makes first close of second private debt fund

Finance

27 January, 2021

UTI Capital makes first close of second private debt fund

UTI Capital, the alternative investment arm of UTI Asset Management, has completed the first close of its second private debt...

JC Flowers, Eight Capital to launch distressed fund backed by IFC

Finance

27 January, 2021

JC Flowers, Eight Capital to launch distressed fund backed by IFC

US-based PE firm JC Flowers and India’s distressed assets investor Eight Capital will launch a $500 million (about Rs 3,640...

Orion Credit spins out of Olympus Capital, secures investment from Omers

Finance

25 January, 2021

Orion Credit spins out of Olympus Capital, secures investment from Omers

Singapore-based private equity arm Olympus Capital Asia’s credit arm has spun out to form a new venture, Orion Credit Capital...

Central bank urges a tiered approach to regulating shadow banks

Finance

22 January, 2021

Central bank urges a tiered approach to regulating shadow banks

The central bank has proposed a tighter regulatory framework to harmonise classification of bad loans of non-banking financial...

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Value Lens: Home First Finance to amplify returns for True North, Bessemer

Finance

21 January, 2021

Value Lens: Home First Finance to amplify returns for True North, Bessemer

In the initial public offering (IPO) that opened today, Home First Finance has been valued at almost 50 times its ......

ADB places bet on Tata Capital's second private equity fund

Finance

19 January, 2021

ADB places bet on Tata Capital's second private equity fund

The Asian Development Bank (ADB) has made its second Limited Partner (LP) commitment this month with a $10 million (Rs ......

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Delhi based ARC raises most of targeted corpus for debut fund; invests in bankrupt power co

Finance

19 January, 2021

Delhi based ARC raises most of targeted corpus for debut fund; invests in bankrupt power co

A New Delhi based asset reconstruction company (ARC) has raised the majority of targeted commitments for its debut fund from ......

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Tata Capital Growth Fund's Akhil Awasthi on raising Fund II amidst the pandemic

Finance

19 January, 2021

Tata Capital Growth Fund's Akhil Awasthi on raising Fund II amidst the pandemic

Tata Capital, the financial services arm of the diversified Tata Group, launched its second private equity fund, Tata Capital Growth ......

Coronavirus reduces Tata Capital's second PE fund by half

Finance

18 January, 2021

Coronavirus reduces Tata Capital's second PE fund by half

Tata Capital’s second private equity fund has raised Rs 1,250 crore (about $170 million) to mark the final close. Tata...

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