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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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KKR harvests more from India insurance firm with benchmark returns

Finance

03 September, 2019

KKR harvests more from India insurance firm with benchmark returns

KKR & Co. has recorded benchmark returns by selling more stake in an Indian insurer in what has been the ......

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Swiss investor responsAbility invests more in Indian microlender

Finance

03 September, 2019

Swiss investor responsAbility invests more in Indian microlender

Swiss impact investor responsAbility Investments has pumped more money in a New Delhi-based microlender, the Indian company’s...

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Fairfax-backed IIFL Finance raises funding from another Canadian firm

Finance

03 September, 2019

Fairfax-backed IIFL Finance raises funding from another Canadian firm

Non-banking financial company IIFL Finance Ltd, which counts billionaire Prem Watsa's Fairfax Financial as an investor, has...

Fairfax to invest $5 bn more in Indian companies in next five years: Prem Watsa

Finance

03 September, 2019

Fairfax to invest $5 bn more in Indian companies in next five years: Prem Watsa

Prem Watsa, the billionaire chairman of Fairfax Financial Holdings Ltd, has proposed to invest a further $5 billion (approximately...

Impact investor LGT Lightstone Aspada to raise next fund

Finance

30 August, 2019

Impact investor LGT Lightstone Aspada to raise next fund

LGT Lightstone Aspada, formed after the recent acquisition of India-focused impact investment fund Aspada by Swiss investor LGT,...

Govt unveils big-bang plan to merge state-run banks

Finance

30 August, 2019

Govt unveils big-bang plan to merge state-run banks

The government will merge 10 state-run banks into four as part of a big consolidation drive to clean up the ......

Dewan Housing board approves conversion of debt to equity

Finance

30 August, 2019

Dewan Housing board approves conversion of debt to equity

India’s debt-laden shadow bank Dewan Housing Finance Corp Ltd said on Friday its board had approved the conversion of the...

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Why private credit funds are growing in India and drawing in more LPs

Finance

30 August, 2019

Why private credit funds are growing in India and drawing in more LPs

In recent years, private credit funds have emerged as an alternative source of debt for Indian companies. This is more ......

Artha Venture Fund leads P2P lender LenDenClub's pre-Series A funding round

Finance

29 August, 2019

Artha Venture Fund leads P2P lender LenDenClub's pre-Series A funding round

Online peer-to-peer lending platform LenDenClub has raised $1 million (approximately Rs 7.16 crore at current exchange rates)...

Moody's India arm ICRA sacks CEO Naresh Takkar

Finance

29 August, 2019

Moody's India arm ICRA sacks CEO Naresh Takkar

Ratings firm ICRA Ltd said on Thursday it has fired managing director and chief executive Naresh Takkar with immediate effect. ICRA’s...

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