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

Rainy day hastens sovereign wealth funds' refocus to home

Finance

26 June, 2020

Rainy day hastens sovereign wealth funds' refocus to home

Famed for snapping up glitzy real estate and stakes in troubled international banks during the global financial crisis, sovereign...

Trilegal co-founder Akshay Jaitly to retire from partnership

Finance

25 June, 2020

Trilegal co-founder Akshay Jaitly to retire from partnership

Akshay Jaitly, the co-founder of the financial services-focused law firm Trilegal, is set to retire from his partnership position,...

SEBI eases pricing norms for preferential share allotment

Finance

25 June, 2020

SEBI eases pricing norms for preferential share allotment

The Securities and Exchange Board of India (SEBI) on Thursday temporarily relaxed the pricing methodology for share allotment...

Frustration, fear and family: lockdowns test investment bankers

Finance

25 June, 2020

Frustration, fear and family: lockdowns test investment bankers

Lockdowns are sharpening the knives in the cut-throat world of M&A banking. Stuck at home, armed only with a phone and...

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RIL cuts commitments to PE, VC funds again in FY20 but adds new asset class

Finance

25 June, 2020

RIL cuts commitments to PE, VC funds again in FY20 but adds new asset class

Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) reduced its exposure to alternative investments for a fourth year...

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This lender is now Blackstone's No.2 India bet after raising fresh capital

Finance

25 June, 2020

This lender is now Blackstone's No.2 India bet after raising fresh capital

Blackstone Group has injected an additional amount into a financial services company that it had acquired last year, making it...

SoftBank is not ‘SoftPunku', says CEO Masayoshi Son in defence of strategy

Finance

25 June, 2020

SoftBank is not ‘SoftPunku', says CEO Masayoshi Son in defence of strategy

SoftBank Group Corp Chief Executive Masayoshi Son mounted a defence of his investing decisions on Thursday, saying the value of...

IMF predicts deeper global recession due to coronavirus pandemic

Economy

25 June, 2020

IMF predicts deeper global recession due to coronavirus pandemic

The coronavirus pandemic has caused wider and deeper damage to economic activity than first thought, the International Monetary...

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How Wipro is leading the VC race with Infosys despite slow start

Finance

24 June, 2020

How Wipro is leading the VC race with Infosys despite slow start

The venture funds of IT firms Infosys and Wipro kicked off investments in 2015, the former making more noise by ......

Hedge fund titan Ackman seeks $3 bn for largest-ever blank-check company

Finance

24 June, 2020

Hedge fund titan Ackman seeks $3 bn for largest-ever blank-check company

Billionaire investor William Ackman said on Monday he was looking to raise $3 billion and commit at least $1 billion ......

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