Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
British insurer Aviva plans to sell its businesses in India, other markets
Aviva expects to pay a total 2020 dividend that is a third less than before the coronavirus outbreak and is ......
Finance
RBI nixes Muthoot Finance's plan to buy IDBI Mutual Fund
The Reserve Bank of India (RBI) has nixed Muthoot Finance Ltd’s plans to enter into the mutual fund business by ......
Finance
Indiabulls group looks to sell ARC arm as pandemic bites
Indiabulls group has decided to put up its four-year-old asset reconstruction company (ARC) for sale as it looks to exit ......
Finance
HDFC to pick up 20% stake in Mumbai ARC
India’s largest private-sector mortgage lender HDFC Ltd is set to foray into the asset reconstruction business as it has...
Finance
Xander alleges fraud by former India MD; seeks explanation from Grant Thornton & others
Alternative investment firm The Xander Group Inc. has registered a case of cheating against a former India executive with the...
Finance
Ares SSG picks up 10% stake in housing finance firm
Alternative asset manager Ares SSG (previously known as SSG Capital) has picked up 1.60% stake in one of India’s largest...
Finance
GSK Velu-backed Stakeboat Capital floats new fund
Stakeboat Capital, a mid-market private equity firm backed and launched by serial healthcare entrepreneur GSK Velu, has launched...
Finance
PE-backed AU Small Finance Bank sells stake in former housing fin arm
Private equity-backed AU Small Finance Bank Ltd has all but exited its residual holding stake in Aavas Financiers Ltd, an ......
Finance
S&P skeptical of allowing corporates into Indian banking
S&P Global Ratings said on Monday the recommendation by a committee of the Indian central bank to allow large industrial ......
Finance
Blackstone seeks $5 bn for second Asia buyout fund
Blackstone Group Inc is seeking to raise about $5 billion for its second private equity fund focused on Asia, according ......
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