Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Economy
Retail inflation climbs to 10-month high in August but another rate cut likely
India’s retail inflation rate increased to a 10-month high in August but stayed below the central bank’s 4% medium-term...
Finance
OPIC approves $185 mn in financing for Cholamandalam Investment
The Overseas Private Investment Corporation (OPIC), a development finance institution of the US government, has approved a loan...
Finance
JM Financial injects fresh capital into asset reconstruction arm
JM Financial Asset Reconstruction Company Ltd has raised Rs 183.37 crore ($25.65 million) by allotting compulsory convertible...
Finance
Vertex Ventures raises $290 mn fund for India, Southeast Asia bets
Singapore-based Vertex Venture Holdings, the first main backer of Southeast Asia’s ride-hailing giant Grab, has added a...
Finance
Bank of Baroda looks to raise at least $74 mn by auctioning Dena Bank office
State-run Bank of Baroda is looking to sell the eight-storeyed corporate office of Dena Bank, which it absorbed last year, ......
Finance
Blackstone hauls in $20.5 bn for largest global real estate fund
Blackstone Group Inc. has raised $20.5 billion for the largest global real estate fund, as the world's biggest manager of...
Finance
Warburg Pincus spins high returns from quick India exit
Marquee private equity investor Warburg Pincus has reaped stellar gains by selling its remaining stake in an Indian private non-life...
Finance
India Inc shifts capex cycle into higher gear, but can it keep up the pace?
Indian companies’ capital expenditure (capex) cycle, a harbinger of growth, picked up pace in the last financial year buoyed...
Finance
Goldman Sachs exec in India arrested over $5 mn theft complaint
Indian police arrested a Goldman Sachs vice president on Tuesday after the Wall Street bank complained that he had tried ......
Finance
Top Baring PE India exec quits, starts health supplement firm
A top executive at Baring Private Equity India has quit recently and launched a startup that makes healthy beverages, a ......
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