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Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

LGT to acquire controlling stake in WGC Wealth

Finance

27 June, 2019

LGT to acquire controlling stake in WGC Wealth

Private bank and asset manager LGT, owned by Liechtenstein's princely family, has agreed to buy a majority stake in Validus...

India's tariff hike unacceptable, must be withdrawn: Trump

Economy

27 June, 2019

India's tariff hike unacceptable, must be withdrawn: Trump

U.S. President Donald Trump on Thursday asked India to withdraw retaliatory tariffs that New Delhi imposed this month, calling...

Paytm's Vijay Shekhar Sharma joins as anchor investor in Roots Ventures' debut fund

Finance

27 June, 2019

Paytm's Vijay Shekhar Sharma joins as anchor investor in Roots Ventures' debut fund

Paytm founder Vijay Shekhar Sharma has joined as an anchor investor in the debut fund of alternative asset management firm ......

RBI says foreign firms can process transactions abroad, but must store data in India

Finance

27 June, 2019

RBI says foreign firms can process transactions abroad, but must store data in India

Foreign payment firms such as Mastercard and Visa can process transactions made in India outside of the country but the ......

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Warburg Pincus records another stellar exit from stake sale in ICICI Lombard

Finance

26 June, 2019

Warburg Pincus records another stellar exit from stake sale in ICICI Lombard

Marquee private equity investor Warburg Pincus has walked away with a bountiful harvest after selling more stake in ICICI Lombard...

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Budget 2019: Why India needs a more meaningful disinvestment strategy

Finance

26 June, 2019

Budget 2019: Why India needs a more meaningful disinvestment strategy

Days after Prime Minister Narendra Modi assumed office for a second five-year term, the government’s policy think-tank Niti...

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OPIC invests in Aspada-backed regional hospital chain

Finance

26 June, 2019

OPIC invests in Aspada-backed regional hospital chain

The Overseas Private Investment Corporation (OPIC), a development finance institution of the US government, is investing in a...

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ARC Scan: Has Arcil been able to capitalise on its first-mover advantage?

Finance

26 June, 2019

ARC Scan: Has Arcil been able to capitalise on its first-mover advantage?

There is more than a hint of schadenfreude in the asset reconstruction business. So even as the problem of bad ......

Troubled mortgage lender Dewan Housing again misses debt payments

Finance

26 June, 2019

Troubled mortgage lender Dewan Housing again misses debt payments

Indian mortgage lender Dewan Housing Finance Corp Ltd (DHFL) said it had only been able to make a 40 percent ......

RBI panel suggests floating $720 mn stressed asset fund for small businesses

Finance

25 June, 2019

RBI panel suggests floating $720 mn stressed asset fund for small businesses

A Reserve Bank of India (RBI) committee has suggested a Rs 5,000 crore (about $720 million at current exchange rate) ......

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