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

TPG, Piramal Enterprises look to exit Shriram Capital

Finance

25 June, 2019

TPG, Piramal Enterprises look to exit Shriram Capital

Private equity firm TPG Capital and billionaire Ajay Piramal-led Piramal Enterprises Ltd are looking to exit Shriram Capital Ltd,...

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KKR to expand India real estate playbook as sector ‘bottoms out'

Finance

25 June, 2019

KKR to expand India real estate playbook as sector ‘bottoms out'

Alternative asset manager KKR, which operates private equity and non-banking finance arms in India, is looking to grow its real...

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Nalanda Capital clocks benchmark returns from Mindtree stake sale to L&T

Finance

24 June, 2019

Nalanda Capital clocks benchmark returns from Mindtree stake sale to L&T

Nalanda Capital, an India-focussed private equity-style investor in public equities (PIPE), has sold its entire stake in software...

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Motilal Oswal PE eyes exit from asset financing firm

Finance

24 June, 2019

Motilal Oswal PE eyes exit from asset financing firm

Motilal Oswal Private Equity Investment Advisors Pvt. Ltd is looking to exit its four-year-old investment in an asset financing...

RBI deputy governor Viral Acharya resigns six months before term ends

Finance

24 June, 2019

RBI deputy governor Viral Acharya resigns six months before term ends

Reserve Bank of India Deputy Governor Viral Acharya has resigned six months before the scheduled end of his term in ......

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Flipkart co-founder Sachin Bansal backs another non-bank lender

Finance

21 June, 2019

Flipkart co-founder Sachin Bansal backs another non-bank lender

Flipkart co-founder Sachin Bansal has made a debt investment in a non-banking finance company that has been looking to go ......

Canada's Manulife picks up 49% stake in Mahindra's asset management arm

Finance

21 June, 2019

Canada's Manulife picks up 49% stake in Mahindra's asset management arm

Canadian financial services group Manulife has agreed to take a 49% stake in the asset management arm of Mahindra & ......

India becomes investment darling for sovereign wealth and pension funds

Finance

21 June, 2019

India becomes investment darling for sovereign wealth and pension funds

Sovereign wealth funds are piling into India, buying stakes in everything from airports to renewable energy, attracted by political...

Kuwaiti PE firm NBK Capital scraps talks to buy Abraaj's credit fund

Finance

21 June, 2019

Kuwaiti PE firm NBK Capital scraps talks to buy Abraaj's credit fund

NBK Capital Partners, owned by Kuwait's biggest lender, has walked away from advanced talks to buy a global credit fund ......

Budget 2019: Govt may let fiscal deficit rise as tax collections fall short

Economy

21 June, 2019

Budget 2019: Govt may let fiscal deficit rise as tax collections fall short

India's government is likely to overshoot the budget deficit target previously set for the current fiscal year, three officials...

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