Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
How Spotify inspired Catholic Syrian Bank to look at an unusual listing plan
In April last year, Sweden's Spotify Technology SA went public in an unconventional manner. The world's largest music...
Economy
India's April-February fiscal deficit at 134% of target for 2018-19
India's April-February fiscal deficit touched 8.51 trillion rupees ($123.07 billion), or 134.2 percent of the budgeted target...
Finance
General Atlantic, Värde Partners to buy $268-mn stake in PNB Housing
Alternative investment firms General Atlantic and Värde Partners have agreed to buy a 13.1% stake in PNB Housing Finance...
Finance
Fairfax-controlled Catholic Syrian Bank plans direct listing on bourses
Catholic Syrian Bank, which is majority owned by India-born Canadian billionaire Prem Watsa’s Fairfax India Holdings Corp,...
Finance
Ashok Vaswani to head consumer banking at Barclays as CEO takes charge of I-banking
Barclays chief executive Jes Staley took direct control of its under-pressure investment bank on Wednesday, ousting the head of...
Finance
IDBI Capital, Elara get new heads of equity capital markets divisions
IDBI Capital Markets & Securities Ltd has roped in a senior executive from a domestic broking and investment banking advisory...
Finance
Kotak Family Office hires top industry executive to lead PE division
The family office of private-sector lender Kotak Mahindra Bank has appointed a top executive from a domestic private equity firm...
Consumer
Heineken ups stake in Kingfisher maker for $146 mn as UB Group's pledged shares sold
Dutch brewing giant Heineken has increased its shareholding in United Breweries Ltd, the listed Bengaluru-based firm once headed...
Finance
Ambit to sell stake in ARC joint venture with JC Flowers to local, foreign firms
Ambit Pvt. Ltd is set to exit its asset reconstruction joint venture with US-based JC Flowers & Co. by selling ......
Economy
Policy Tracker: Why Indian students seem to be getting the rough end of the stick
The Bharatiya Janata Party (BJP) made some ambitious promises in its manifesto for the 2014 general elections. One notable pledge...