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

People

18 July, 2019

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

18 July, 2019

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

18 July, 2019

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...

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Finance

18 July, 2019

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

18 July, 2019

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...

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Finance

18 July, 2019

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

18 July, 2019

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

18 July, 2019

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

18 July, 2019

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

17 July, 2019

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 ......

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