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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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CDC's direct investments in India triple even as LP commitments fall

Finance

05 August, 2020

CDC's direct investments in India triple even as LP commitments fall

UK-based development finance institution CDC Group Plc’s direct investment portfolio in India grew three times in 2019 as...

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Morgan Stanley's maiden India infrastructure fund hits final close

Finance

05 August, 2020

Morgan Stanley's maiden India infrastructure fund hits final close

An India-focused infrastructure investment fund managed by global financial services giant Morgan Stanley has marked its final...

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Inditrade bulks up financial products distribution with acquisition of VC investor arm

Finance

05 August, 2020

Inditrade bulks up financial products distribution with acquisition of VC investor arm

Brokerage firm Inditrade Capital Ltd has acquired a subsidiary of a Singapore-based venture capital fund to boost its third-party...

India's services activity contracts for fifth straight month in July

Economy

05 August, 2020

India's services activity contracts for fifth straight month in July

India’s dominant services industry, a key driver of economic growth, shrank for a fifth straight month in July as restraining...

US agency guarantees IndusInd debt funding for housing finance firm Aviom

Finance

05 August, 2020

US agency guarantees IndusInd debt funding for housing finance firm Aviom

The United States International Development Finance Corporation (USIDFC) has guaranteed a $5 million (Rs 37 crore) debt financing...

Sequoia hires Gojek exec as operating partner; July Ventures names managing partners

Finance

04 August, 2020

Sequoia hires Gojek exec as operating partner; July Ventures names managing partners

Sequoia Capital India has tapped into its Indonesian portfolio company Gojek to fill in the role of an operating partner. Ajey...

KKR beats estimates with flat second-quarter earnings

Finance

04 August, 2020

KKR beats estimates with flat second-quarter earnings

U.S. private equity firm KKR & Co Inc said on Tuesday that its second-quarter distributable earnings were flat year-on-year,...

GIC bets more on Bandhan Bank as Temasek joins in

Finance

04 August, 2020

GIC bets more on Bandhan Bank as Temasek joins in

Singapore sovereign wealth fund GIC Pte Ltd has increased its stake in Bandhan Bank while its sister concern Temasek Holdings...

Sashidhar Jagdishan to replace Aditya Puri as HDFC Bank chief

Finance

04 August, 2020

Sashidhar Jagdishan to replace Aditya Puri as HDFC Bank chief

The Reserve Bank of India has approved the appointment of Sashidhar Jagdishan as managing director and CEO of HDFC Bank ......

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Warburg Pincus on track for its single-biggest multibagger from India bet

Finance

31 July, 2020

Warburg Pincus on track for its single-biggest multibagger from India bet

Warburg Pincus, which has had a string of successes in India, is set to generate its highest returns in terms ......

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