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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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Flashback 2019: Stressed assets remain in focus on rising bankruptcies, new challenges

Finance

24 December, 2019

Flashback 2019: Stressed assets remain in focus on rising bankruptcies, new challenges

When everything else fails, pray. At least that’s what State Bank of India chairman Rajnish Kumar seems to believe. “Every...

Adams Street Partners raises $740 mn for new global fund

Finance

23 December, 2019

Adams Street Partners raises $740 mn for new global fund

Adams Street Partners, a US-based private markets investment manager, has mobilised $740 million in capital commitments for its...

Govt may allow pension fund watchdog to regulate all pension products

Finance

20 December, 2019

Govt may allow pension fund watchdog to regulate all pension products

The finance ministry has approved in principle making the Pension Fund Regulatory and Development Authority (PFRDA) the sole regulator...

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Hedge fund Abakkus picks up stake in Fairfax-backed securities broking firm

Finance

20 December, 2019

Hedge fund Abakkus picks up stake in Fairfax-backed securities broking firm

Hedge fund Abakkus Asset Manager LLP has bought a minority stake in a Mumbai-based securities broking and investment banking firm...

How pricey food items limit scope for RBI to make more rate cuts

Finance

20 December, 2019

How pricey food items limit scope for RBI to make more rate cuts

India’s volatile food prices are yet again posing a sticky inflation problem for its central bank, preventing it from cutting...

Piramal Enterprises hires Axis Bank exec to head consumer finance business

Finance

20 December, 2019

Piramal Enterprises hires Axis Bank exec to head consumer finance business

Billionaire Ajay Piramal-led Piramal Enterprises Ltd has appointed Axis Bank finance chief Jairam Sridharan as the CEO of its...

Altico backer Varde Partners exceeds target for new fund

Finance

20 December, 2019

Altico backer Varde Partners exceeds target for new fund

Alternative investment firm Värde Partners, which counts non-bank lender Altico Capital India Ltd and Aditya Birla ARC Ltd...

CRISIL to acquire US analytics firm Greenwich Associates

Finance

20 December, 2019

CRISIL to acquire US analytics firm Greenwich Associates

CRISIL Ltd, a unit of S&P Global Inc., said on Friday it will acquire US-based data and analytics company Greenwich ......

Mutual fund house UTI AMC files for IPO

Finance

19 December, 2019

Mutual fund house UTI AMC files for IPO

UTI Asset Management Co Ltd, the country’s seventh-largest mutual fund house by assets under management (AUM), has filed...

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Fund Scan: How Apollo-ICICI's AION Capital is navigating through ‘stressful' times

Finance

19 December, 2019

Fund Scan: How Apollo-ICICI's AION Capital is navigating through ‘stressful' times

Of all the mighty Greek gods, Apollo is by far the most popular. But few would have heard of Aion. Apollo, ......

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