Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
HSBC revives plan to cut 35,000 jobs after pandemic pause
HSBC is resuming plans to cut around 35,000 jobs which it put on ice after the coronavirus outbreak, as Europe's ......
Finance
China-backed AIIB approves $750 mn loan for India's virus response
Beijing-backed Asian Infrastructure Investment Bank (AIIB) has approved a loan of $750 million to help India battle the impact...
Economy
IMF sees ‘profound uncertainty' about global recovery: Gita Gopinath
The International Monetary Fund will likely forecast a worse contraction in the global economy than previously estimated for 2020...
Finance
ADIA stares at a paper loss as KKR India NBFC's valuation takes a hit
KKR India Financial Services Ltd, the local lending arm of private equity firm KKR & Co., has marked down its ......
Finance
Edelweiss set to hit final close for infrastructure fund
The alternative asset management arm of Edelweiss Group is set to mark the final close of its infrastructure fund, as ......
Finance
Avendus hires IIFL, BCCL execs to ramp up wealth management business
Financial services firm Avendus Capital Pvt. Ltd has appointed two executive directors at its wealth management arm, as it overhauled...
Finance
Axis Bank ED Pralay Mondal quits, may lead another lender
Pralay Mondal, executive director for retail banking at Axis Bank, has resigned his position at the private-sector lender and...
Finance
About 40% of global LPs see elevated political risk in India: Coller Capital PE study
Close to 40% of the limited partners (LPs) surveyed across North America, Europe, the Asia-Pacific and West Asia think that ......
Economy
Indian exports fall by over 36% in May
India’s merchandise exports shrank by more than a third in May from a year ago, dragged down by a fall ......
Finance
AION-backed Clix Capital eyes troubled Lakshmi Vilas Bank
Clix Capital, a non-bank lender controlled by private equity firm AION Capital, has shown preliminary interest to buy a majority...
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