Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
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IIFL Wealth hires AT Kearney partner as COO
IIFL Wealth & Asset Management, the wealth management arm of financial services firm IIFL Group, has hired a former partner...
Finance
Blackstone beats expectations for second-quarter distributable earnings
Blackstone Group Inc, the world's largest manager of alternative assets such as private equity and real estate, said on Thursday...
Finance
Foreign investors could register as companies to get tax relief, says Sitharaman
Indian Finance Minister Nirmala Sitharaman said on Thursday that foreign portfolio investors (FPIs) could register as companies...
Finance
SIDBI adds more VC funds to LP portfolio; bullish on venture debt
Small Industries Development Bank of India (SIDBI) has expanded its portfolio of investments as a limited partner (LP) by backing...
Economy
ADB trims India's GDP growth forecast
The Asian Development Bank said on Thursday developing Asia is on track to meet the lender's growth expectations for this...
Finance
In charts: The big Indian business houses that have virtually crumbled
For the past several months, Dewan Housing Finance Corp Ltd has been struggling to survive. The Kapil Wadhawan-led company reported...
Finance
Allahabad Bank reports SEL Manufacturing's $100 mn fraud
Allahabad Bank Ltd on Wednesday reported a 6.89 billion rupees ($100.1 million) fraud related to textile company SEL Manufacturing...
Finance
SoftBank's Masayoshi Son says Japan lacks investment opportunities, lagging in AI race
SoftBank Group Corp founder and Chief Executive Masayoshi Son said on Thursday that there is a dearth of investment opportunities...
Finance
CARE Ratings sends CEO Rajesh Mokashi on leave pending inquiry
India's CARE Ratings Ltd has sent Managing Director and Chief Executive Officer Rajesh Mokashi on leave until further notice,...
Finance
Punjab & Sind Bank reports fraud in Bhushan Power account
India’s Punjab & Sind Bank (PSB) said on Wednesday it has reported a 2.38 billion rupee ($34.58 million) fraud to ......