Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
RBI imposes curbs on Lakshmi Vilas Bank amid police probe
India’s central bank issued a regulatory action on Lakshmi Vilas Bank, the lender said in a statement on Saturday, at ......
Finance
India looks to ease foreign investment limits in govt bonds
India is looking to ease foreign investment limits in government bonds, as it seeks to get its securities included in ......
Finance
Fintech startup OfBusiness leads startup funding deals this week
Fintech startups continued to dominate the venture investment for a third week in a row with OfBusiness getting $31 million ......
Finance
Police probes Lakshmi Vilas Bank directors for alleged fraud
Shares of Lakshmi Vilas Bank dropped nearly 5% on Friday, after the country’s Economic Offences Wing (EOW) filed a report...
Finance
Fairfax sells half its stake in ICICI Lombard, earns modest returns
Canadian firm Fairfax Financial Holdings Ltd has sold half its stake in ICICI Lombard General Insurance Company Ltd, as it ......
Finance
Company watch: Warburg-backed CAMS hits headwinds as it weighs IPO
Computer Age Management Services Pvt. Ltd (CAMS), a back-end processor for mutual funds that counts Warburg Pincus as an investor,...
Finance
Omkara Assets Reconstruction gears up for a second round of equity capital
One year after its first round of equity capital infusion, Omkara Asset Reconstruction Pvt. Ltd is looking to go for ......
Finance
Watch: Why impact investor Omnivore plans to make more selective bets
Earlier this year, impact investment firm Omnivore marked the final close of its second fund at $97 million after surpassing ......
Finance
Axis Bank raises $1.76 bn via share sale to GIC, others; Bain Capital sits out
Axis Bank, India's third-largest private-sector lender, has raised Rs 12,500 crore ($1.76 billion) by selling shares to institutional...
Finance
Sachin Bansal buys Chaitanya Rural in biggest bet since leaving Flipkart
Flipkart co-founder Sachin Bansal has acquired Chaitanya Rural Intermediation Development Services Pvt. Ltd, striking his biggest...
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