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Finance

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

Standard Life selling 4% stake in HDFC AMC

Finance

04 December, 2019

Standard Life selling 4% stake in HDFC AMC

Asset manager Standard Life Aberdeen said its unit plans to sell an up to 4% stake in India-based HDFC Asset ......

SBI to trim stake in UTI Mutual Fund via IPO

Finance

04 December, 2019

SBI to trim stake in UTI Mutual Fund via IPO

Top lender State Bank of India on Wednesday approved the sale of an up to 8.25% stake in mutual fund ......

HSA Advocates ropes in partner from Economic Laws Practice

People

04 December, 2019

HSA Advocates ropes in partner from Economic Laws Practice

SA Advocates ropes in Ashutosh Gupta as partner from Economic Laws Practice Full-service law firm HSA Advocates has appointed...

Govt to launch first debt exchange-traded fund

Finance

04 December, 2019

Govt to launch first debt exchange-traded fund

India will launch its first debt exchange-traded fund (EFT) comprised of debt of state run companies, finance minister Nirmala...

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Piramal Capital hits first close of structured debt fund

Finance

04 December, 2019

Piramal Capital hits first close of structured debt fund

Piramal Capital & Housing Finance Ltd has hit the first close of a structured debt fund that will help it ......

Fairfax-controlled CSB Bank jumps 41% on trading debut

Finance

04 December, 2019

Fairfax-controlled CSB Bank jumps 41% on trading debut

CSB Bank, formerly Catholic Syrian Bank, made a strong stock-exchange debut on Wednesday with its shares listing at a 41% ......

Retail investors, HNIs pile on Ujjivan Small Finance Bank's oversubscribed IPO

Finance

03 December, 2019

Retail investors, HNIs pile on Ujjivan Small Finance Bank's oversubscribed IPO

Retail investors, HNIs pile on Ujjivan Small Finance Bank's oversubscribed IPO  The initial public offering (IPO)...

Encourage Capital invests in Electronica Finance to fund solar financing biz

Finance

03 December, 2019

Encourage Capital invests in Electronica Finance to fund solar financing biz

New York-based Encourage Capital has invested over Rs 100 crore ($14 million) in Electronica Finance Ltd (EFL) to fund the ......

RBI set to cut rates for sixth time, but that may not cure economy's ills

Economy

03 December, 2019

RBI set to cut rates for sixth time, but that may not cure economy's ills

Five interest rate cuts since the start of the year haven't stopped India's economy from slowing to its weakest growth...

Accel raises $550 mn for new India venture capital fund

Finance

02 December, 2019

Accel raises $550 mn for new India venture capital fund

Venture capital firm Accel Partners has raised $550 million (Rs 3,942 crore) under a new fund to make seed and ......

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