Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Economy
India's recovery not entrenched, will only be gradual: RBI chief
Some high frequency indicators are pointing towards stabilisation in economic activity in India but the recovery is still not...
Finance
Fraud-hit PMC Bank reaches out to major lenders for merger
India's fraud-hit PMC Bank has approached other banks over a possible merger even as its efforts to recover funds from ......
Finance
Warburg Pincus to cut CAMS stake in pre-IPO deal as firm ups issue size
Private equity giant Warburg Pincus, which is the promoter of Computer Age Management Services Ltd (CAMS), will sell nearly a...
Finance
Sabre Partners expands new fund's corpus after commitment from US limited partner
India-focussed mid-market private equity firm Sabre Partners has expanded the size of its new fund as it got a quarter ......
Economy
‘Developing Asia' to shrink for first time in nearly six decades: ADB
The coronavirus pandemic will cause economic output in "developing Asia" to shrink for the first time in nearly six...
Finance
Former Goldman exec's White Oak Capital ropes in CEO from Motilal Oswal AMC
White Oak Capital Management, a boutique investment management and advisory firm set up by former Goldman Sachs executive Prashant...
Finance
Manappuram-controlled Asirvad Microfinance to raise money from German impact investor
Asirvad Microfinance, majority owned by Manappuram Finance, will raise about Rs 220 crore (€25 million) in external commercial...
Finance
Mutual funds calm investors after SEBI rule change affects $20 bn in assets
Indian fund managers on Monday sought to assuage investor concerns that a regulatory change affecting portfolio structures of...
Economy
S&P expects India's economy to contract 9% in FY21
S&P Global Ratings said on Monday that it was expecting India's economy to shrink by 9% in the fiscal year ......
Finance
NSE valuation hits new milepost as HNIs lap up shares from institutional backers
The National Stock Exchange’s (NSE) valuation has climbed past a new milestone as a number of wealthy individuals have bought...
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