Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Economy
New Modi govt to unleash 'big-bang' reforms, says Niti Aayog official
In the first 100 days of Prime Minister Narendra Modi’s second term, a slew of ‘big-bang’ economic reforms that...
Finance
Eight Capital, Emso buy Ambit's stake in ARC joint venture with JC Flowers
Mumbai-based stressed asset investor Eight Capital Management and London-headquartered Emso Asset Management on Thursday announced...
Economy
India may lose spot as fastest-growing economy as PM Modi's second term begins
India probably lost its spot as the fastest growing major economy to China in the January-March quarter as a chill ......
Finance
PNB hikes bad-loan recovery target by over 50% for FY20
State-owned Punjab National Bank (PNB) has increased its bad-loan recovery target to Rs 25,000 crore for the current financial...
Finance
Adams Street Partners raises $1.1 bn for private credit fund
Adams Street Partners, a US-based private markets investment management firm, has raised $1.1 billion for its first private credit...
Finance
IDBI Bank, lender with worst asset quality, looks to sell mutual fund unit
IDBI Bank Ltd has put its mutual fund business on the block, joining a bunch of lenders that are selling ......
Finance
Asia hedge funds struggle to benefit from investor enthusiasm
Asian hedge funds are struggling to benefit from strong investor interest in the region in the face of patchy liquidity, ......
Finance
Abraaj founder released from custody after paying $19 mn bail
Arif Naqvi, the Pakistani founder of collapsed private equity firm Abraaj Group, has been released from custody after meeting...
Finance
IFC to lead debt investment of $222 mn in NBFC Cholamandalam
India's Cholamandalam Investment and Finance Company Ltd said on Wednesday it would raise $222 million in debt funds in an...
Finance
HSBC plans to hire retail wealth managers with an eye on rich Indians
HSBC Holdings PLC plans to boost its Asia retail wealth management staff by about 300 by end of this year, ......
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