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

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Who voted out TPG's Bhatia from Shriram Transport Finance board?

Finance

24 August, 2020

Who voted out TPG's Bhatia from Shriram Transport Finance board?

In a relatively rare case of shareholder activism in India, one of the longest-serving board members of a finance firm ......

Axis Bank cuts stake purchase in Max Life Insurance

Finance

24 August, 2020

Axis Bank cuts stake purchase in Max Life Insurance

Private-sector lender Axis Bank will buy a smaller stake than previously planned in Max Life Insurance Company Ltd in an ......

Non-bank lender BlackSoil raises more debt capital

Finance

24 August, 2020

Non-bank lender BlackSoil raises more debt capital

Mumbai-based non-banking financial company BlackSoil Capital Pvt. Ltd said Monday it has raised Rs 25 crore ($3.35 million) by...

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Dubai-based family office launches India-focussed early-stage fund

Finance

24 August, 2020

Dubai-based family office launches India-focussed early-stage fund

A Dubai-based family office has floated an early-stage investment fund which will be managed by investment banking firm Candle Partners...

ICICI Lombard to acquire Bharti AXA General Insurance

Finance

22 August, 2020

ICICI Lombard to acquire Bharti AXA General Insurance

ICICI Lombard General Insurance Company Ltd has agreed to acquire Bharti AXA General Insurance Company Ltd via an all-stock transaction...

Prashant Khemka's White Oak to acquire India's smallest mutual fund

Finance

21 August, 2020

Prashant Khemka's White Oak to acquire India's smallest mutual fund

White Oak Capital Management, a boutique investment management and advisory firm set up by former Goldman Sachs executive Prashant...

CDC to make LP bet on Chiratae Ventures' new fund

Finance

21 August, 2020

CDC to make LP bet on Chiratae Ventures' new fund

CDC Group Plc, the UK-based development finance institution, said Friday it has committed $10 million (around Rs 75 crore) to...

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ICICI Bank ups stake in GIFT City's India International Exchange

Finance

21 August, 2020

ICICI Bank ups stake in GIFT City's India International Exchange

ICICI Bank has increased its stake in India International Exchange Ltd, housed in Gujarat’s GIFT City, with a fresh investment. The...

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Sundaram Alternate's Chandrasekaran on how developers, NBFCs can tide over the crisis

Finance

21 August, 2020

Sundaram Alternate's Chandrasekaran on how developers, NBFCs can tide over the crisis

Sundaram Alternate Assets Ltd, the alternative investment arm of Sundaram Asset Management Company Ltd, manages two real estate-focused credit funds ......

Baring PE Asia betting $133 mn on RBL Bank; Gaja to return, CDC topping up

Finance

21 August, 2020

Baring PE Asia betting $133 mn on RBL Bank; Gaja to return, CDC topping up

Baring Private Equity Asia will become the biggest shareholder of India’s mid-sized private-sector lender RBL Bank by picking...

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