Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Former Indian finance minister arrested in corruption case
The Central Bureau of Investigation (CBI) arrested former finance minister P. Chidambaram late on Wednesday in relation to alleged...
Finance
SEBI allows rating agencies to collect clients' debt data
India's markets regulator on Wednesday allowed credit rating agencies to obtain details of clients' existing and future...
Finance
Now, a lenders' takeover of DHFL just short of two regulatory nods
All banks have consented to converting financially-troubled Dewan Housing Finance Corp. Ltd (DHFL)’s debt into equity, and...
Finance
JM Financial set to float distressed assets funds
Mumbai-based JM Financial Ltd has revived a plan to invest in stressed assets through separate investment vehicles but has tweaked...
Finance
Does the bankruptcy law need more changes?
There is a broad agreement that the existing norms for bankruptcy resolution are not enough. Also, the infrastructure isn't enough ......
Finance
Mahindra Finance to acquire majority stake in Sri Lankan NBFC
Mahindra & Mahindra Financial Services Ltd has agreed to acquire a majority stake in Sri Lankan non-banking financial company...
Finance
Canara Bank hires head for housing finance unit from Tata Capital
State-run Canara Bank has hired a new chief for Can Fin Homes Ltd amid revived efforts to sell a stake in ......
Economy
Govt panel suggests across board corporate tax cut to 25%
An Indian government panel has recommended cutting the corporate tax rate to 25% from 30% for all companies and scrapping ......
Finance
Why Avendus' new PE fund is aiming to buy shares from ESOP holders
Future Leaders Fund, a mid-market private equity vehicle launched by Avendus Capital, is looking to buy employee stock options...
Finance
Govt exempts NBFCs from debenture reserve requirements
India’s shadow lenders and listed companies who issue debentures will no longer have to maintain a certain level of redemption...
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