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

Reliance Capital shares drop after PwC resigns as auditor

Finance

12 June, 2019

Reliance Capital shares drop after PwC resigns as auditor

Shares in Reliance Capital Ltd closed 6% lower on Wednesday after the non-banking finance company (NBFC) said its auditor had...

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Impact investor Aavishkaar makes another exit move from third fund

Finance

12 June, 2019

Impact investor Aavishkaar makes another exit move from third fund

Impact investment firm Aavishkaar Venture Management Services Pvt. Ltd has made a partial exit from one of its portfolio firms...

Retail inflation rises to 3.05% in May; industrial output grows 3.4% in April

Economy

12 June, 2019

Retail inflation rises to 3.05% in May; industrial output grows 3.4% in April

India's retail inflation rate picked up in May on higher food prices, but stayed below the central bank's target, potentially...

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Budget 2019: Why reviving job creation, Make in India should top priority list

Finance

12 June, 2019

Budget 2019: Why reviving job creation, Make in India should top priority list

Just a week after assuming office for a second five-year term, Prime Minister Narendra Modi constituted two key cabinet committees--one...

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Tano Capital to float third India private equity fund

Finance

12 June, 2019

Tano Capital to float third India private equity fund

Asian alternative asset manager Tano Capital is returning to the fundraising mode in India after more than seven years as ......

Former top adviser says India GDP growth may be overstated; govt defends

Economy

12 June, 2019

Former top adviser says India GDP growth may be overstated; govt defends

The Indian government on Tuesday defended its methodology of calculating the country’s economic growth, countering the argument...

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KKR bets on Kerala-based hospital operator

Finance

11 June, 2019

KKR bets on Kerala-based hospital operator

KKR has invested in a Kerala-based hospital operator as the alternative assets giant further increases its exposure to India’s...

Govt seeks to ban Deloitte, KPMG arm for alleged auditing lapses

Finance

11 June, 2019

Govt seeks to ban Deloitte, KPMG arm for alleged auditing lapses

India is seeking to ban Deloitte Haskins Sells and KPMG affiliate BSR & Associates for five years, alleging lapses in ......

HSA Advocates hires SNG's Amit Charan to beef up finance practice

Finance

11 June, 2019

HSA Advocates hires SNG's Amit Charan to beef up finance practice

Full-service law firm HSA Advocates has appointed Amit Charan as a partner to strengthen its banking and finance practice. Charan...

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Piramal-Bain distressed assets fund set to raise $750 mn

Finance

11 June, 2019

Piramal-Bain distressed assets fund set to raise $750 mn

India Resurgence Fund will be raising $750 million (around Rs 5,250 crore) over the next few months to increase its ......

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