Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
World Bank cuts global growth forecast, expects India prospects to improve
The World Bank on Wednesday trimmed its global growth forecasts slightly for 2019 and 2020 due to a slower-than-expected recovery...
Finance
Mantra Capital floats $60 mn fund to back deep-tech startups
Early-stage venture capital firm Mantra Capital is seeking to raise $60 million (about Rs 430 crore) for its maiden fund ......
Finance
KKR's India NBFC loses another top-level executive
A senior executive at KKR India Financial Services Pvt. Ltd has resigned from the company, as the non-banking unit of ......
Finance
Australian fund close to picking up stake in India's top health insurance firm
ROC Partners, which was created with a management buyout of Macquarie’s private markets business unit five years ago, is...
Finance
UBS overhauls wealth business, cuts jobs to revive profits
UBS is overhauling its flagship wealth management business, including shrinking its senior staff, in the first big strategic move...
Economy
Govt slashes 2019-20 GDP growth forecast to 5%
The Indian government said on Tuesday it expects the economy to grow at 5.0% in the fiscal year ending in ......
Finance
Private equity's talent challenge: Keeping it out of the family
Family offices, which handle the wealth of the very rich and their kin, are increasingly poaching young talent from buyout ......
Finance
Goldman Sachs renames business units in transparency push
Goldman Sachs Group Inc said on Tuesday it renamed its main business units ahead of its quarterly results next week, as ......
Finance
Warburg Pincus, Creation Investments infuse fresh capital into Fusion Microfinance
Fusion Microfinance Pvt. Ltd has raised Rs 500 crore ($69.61 million at current exchange rates) in a funding round led ......
Finance
Revised bankruptcy norms aim to further filter out ex-promoters, defaulters
The Insolvency and Bankruptcy Board of India (IBBI) has revised norms to bar any entity or person that is not ......