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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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What Blackstone CEO Schwarzman's early struggles can teach first-time fund managers

Finance

09 March, 2020

What Blackstone CEO Schwarzman's early struggles can teach first-time fund managers

When Stephen Schwarzman was raising capital for his first fund at private equity firm Blackstone in the mid-1980s, he was ......

Yes Bank founder Rana Kapoor remanded in police custody on money-laundering charges

Finance

09 March, 2020

Yes Bank founder Rana Kapoor remanded in police custody on money-laundering charges

An Indian court on Sunday remanded the founder and former managing director of crisis-hit Yes Bank Ltd in police custody ......

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Yes Bank: Sweet bet for several PE firms before WestBridge's contrarian play went bust

Finance

06 March, 2020

Yes Bank: Sweet bet for several PE firms before WestBridge's contrarian play went bust

‘Never catch a falling knife’ is a colloquial term widely and frequently used in the investment world when the price...

SBI may take up to 49% stake in Yes Bank under RBI bailout plan

Finance

06 March, 2020

SBI may take up to 49% stake in Yes Bank under RBI bailout plan

The Reserve Bank of India (RBI) has outlined a scheme to revive Yes Bank that proposes State Bank of India ......

Yes Bank plunges 60%, panicked depositors rush to withdraw funds

Finance

06 March, 2020

Yes Bank plunges 60%, panicked depositors rush to withdraw funds

Shares in India's Yes Bank Ltd plunged 60% on Friday as panicky depositors rushed to withdraw funds after the central ......

Quona Capital marks final close of second VC fund

Finance

06 March, 2020

Quona Capital marks final close of second VC fund

Quona Capital, a venture capital fund that focuses on the financial services sector in emerging economies including India, said...

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RTP Global's Kirill Kozhevnikov on bias towards early-stage bets, valuations and more

Finance

06 March, 2020

RTP Global's Kirill Kozhevnikov on bias towards early-stage bets, valuations and more

Russian venture capital firm RTP Global has just launched a $650 million fund, which is more than triple the size of ......

Coronavirus forces Blackstone, Apax to delay or webcast investor meetings

Finance

06 March, 2020

Coronavirus forces Blackstone, Apax to delay or webcast investor meetings

Blackstone Group Inc and Apax Partners LLP are among the buyout firms that have had to delay their annual meetings ......

RBI imposes moratorium on Yes Bank, supersedes board; SBI may invest

Finance

05 March, 2020

RBI imposes moratorium on Yes Bank, supersedes board; SBI may invest

The Reserve Bank of India on Thursday imposed a moratorium on Yes Bank and superseded its board after the private-sector ......

SBI Cards' IPO closes with 26.5 times subscription; Antony Waste offering struggles

Finance

05 March, 2020

SBI Cards' IPO closes with 26.5 times subscription; Antony Waste offering struggles

SBI Cards & Payment Services Ltd, India’s second-largest credit-card issuer, received an astounding response to its...

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