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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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Equirus hires former JM Financial dealmaker to boost i-banking unit

Finance

20 July, 2020

Equirus hires former JM Financial dealmaker to boost i-banking unit

Financial advisory and investment banking firm Equirus Capital Pvt. Ltd has recruited a top dealmaker who has more than two ......

IL&FS says aims to resolve nearly 60% of debt despite pandemic delays

Finance

20 July, 2020

IL&FS says aims to resolve nearly 60% of debt despite pandemic delays

India’s Infrastructure Leasing & Financial Services (IL&FS) said on Monday it expected to resolve about 57% of its...

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Warburg Pincus moves ahead to take another Indian portfolio firm public

Finance

20 July, 2020

Warburg Pincus moves ahead to take another Indian portfolio firm public

Private equity giant Warburg Pincus has inched a step closer to taking public one more company from its India portfolio, ......

Unicorn India Ventures leads pre-Series A funding for neo-bank Finin

Finance

20 July, 2020

Unicorn India Ventures leads pre-Series A funding for neo-bank Finin

Dinero Innovations Pvt. Ltd, which operates neo-banking startup Finin, has raised money as part of its pre-Series A round of ......

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Former Fairfax exec's PE fund Convergent makes maiden banking bet

Finance

20 July, 2020

Former Fairfax exec's PE fund Convergent makes maiden banking bet

A private equity firm floated by former Fairfax India executive Harsha Raghavan has struck its first deal in the financial ......

Fair-practice norms may prompt ARCs to cherry-pick deals, improve transparency

Finance

20 July, 2020

Fair-practice norms may prompt ARCs to cherry-pick deals, improve transparency

While the Indian stressed asset market is often seen as dismal, the global slowbalisation has tightened the screws on the ......

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Blackstone-owned Aadhar Housing's CEO on pandemic's impact on business and more

Finance

20 July, 2020

Blackstone-owned Aadhar Housing's CEO on pandemic's impact on business and more

In February 2019, Blackstone Group, the world’s largest private equity firm, inked a pact to acquire Aadhar Housing Finance Ltd. ......

L&T to wind up West Asian wealth management unit after InCred deal collapses

Finance

17 July, 2020

L&T to wind up West Asian wealth management unit after InCred deal collapses

L&T Finance Holdings Ltd said on Friday it will wind up its West Asian wealth management unit after a planned ......

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Dutch investor FMO tops up bet on Indian SME lender

Finance

17 July, 2020

Dutch investor FMO tops up bet on Indian SME lender

FMO, the development finance institution of the Netherlands, is providing additional financing to an Indian fintech lender that...

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Former L Catterton Asia head gears up to float consumer fund

People

17 July, 2020

Former L Catterton Asia head gears up to float consumer fund

Eleven years ago, at the height of the global financial crisis, Ravi Thakran raised $650 million for the first fund ......

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