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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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Investcorp slashes size of maiden India fund after buying IDFC Alternatives' PE biz

Finance

22 July, 2019

Investcorp slashes size of maiden India fund after buying IDFC Alternatives' PE biz

Global alternative asset manager Investcorp, which acquired the private equity business of IDFC Alternatives Ltd earlier this...

Aditya Birla Idea Payments Bank shuts operations

Finance

22 July, 2019

Aditya Birla Idea Payments Bank shuts operations

Aditya Birla Idea Payments Bank Ltd (ABIPBL) has decided to shut down its operations just 18 months after its launch. ABIPBL’s...

Govt wants antitrust review of Big Four audit firms

Finance

22 July, 2019

Govt wants antitrust review of Big Four audit firms

The Indian government wants the country’s antitrust body to assess whether the so-called “Big Four” auditing...

How IL&FS used favours and pressure tactics to ensure good ratings

Finance

22 July, 2019

How IL&FS used favours and pressure tactics to ensure good ratings

Credit rating agencies for years assigned high ratings to India's Infrastructure Leasing & Financial Services (IL&FS)...

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WaterBridge Ventures execs on new fund, co-investing with LPs and more

Finance

22 July, 2019

WaterBridge Ventures execs on new fund, co-investing with LPs and more

Early-stage venture capital firm WaterBridge Ventures has backed 16 startups such as fintech venture ZipLoan, data platform Atlan and ed-tech ......

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Manappuram Home Finance loses top executive

Finance

19 July, 2019

Manappuram Home Finance loses top executive

A top executive at Manappuram Home Finance Ltd has quit the mortgage lender after a short stint, two people privy ......

Government seeks to tap foreign lenders for loans to small firms

Finance

19 July, 2019

Government seeks to tap foreign lenders for loans to small firms

India’s government is in talks with foreign lenders to provide as much as $14.5 billion in credit to millions of ......

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Avendus floats offshore PE fund focused on Indian stock markets

Finance

19 July, 2019

Avendus floats offshore PE fund focused on Indian stock markets

Diversified financial services firm Avendus Group, backed by private equity major Kohlberg Kravis Roberts & Co. Ltd (KKR),...

SEBI proposes tighter disclosure for auditors of listed companies

Finance

19 July, 2019

SEBI proposes tighter disclosure for auditors of listed companies

The Securities and Exchange Board of India (SEBI) proposed on Thursday ramping up disclosure for auditors of listed companies,...

Blackstone raises $11 bn for new secondaries fund

Finance

18 July, 2019

Blackstone raises $11 bn for new secondaries fund

Blackstone Group Inc., the world’s biggest alternative assets manager, has hit the final close on its eighth secondaries...

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