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

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Sixth Sense Ventures scores blockbuster returns in secondary deal

Finance

04 March, 2019

Sixth Sense Ventures scores blockbuster returns in secondary deal

Venture capital firm Sixth Sense Ventures has earned multi-bagger returns for a second time by selling the bulk of its ......

IFC proposes to invest in Signature Global's affordable housing project

Finance

04 March, 2019

IFC proposes to invest in Signature Global's affordable housing project

International Finance Corporation (IFC) has proposed to finance an affordable housing project of North India-based developer Signature...

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Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta

Finance

04 March, 2019

Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta

It has been a year since Punjab National Bank (PNB) revealed that two jewellery groups had swindled the state-run lender ......

Multiples PE set to get IFC's backing for $900-mn third fund

Finance

04 March, 2019

Multiples PE set to get IFC's backing for $900-mn third fund

Private equity firm Multiples Alternate Asset Management Pvt. Ltd (Multiples PE) is aiming to raise as much as Rs 6,530 ......

SEBI clears norms for listing startups; MFs can now trade in commodity derivatives

Finance

01 March, 2019

SEBI clears norms for listing startups; MFs can now trade in commodity derivatives

The Securities and Exchange Board of India (SEBI) on Friday approved the framework for enabling technology-oriented startups and...

Carlyle picks up SBI Life stake in biggest India investment

Finance

01 March, 2019

Carlyle picks up SBI Life stake in biggest India investment

India's SBI Life Insurance Ltd said on Friday CA Emerald Investments, an affiliated entity of a Carlyle Group fund, bought...

IFC set to back former Sequoia execs' debut venture capital fund

Finance

01 March, 2019

IFC set to back former Sequoia execs' debut venture capital fund

International Finance Corporation (IFC) has proposed to come in as a Limited Partner, or investor, in the debut venture capital...

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Portfolio management firm Aequitas set to launch Category-III AIF

Finance

28 February, 2019

Portfolio management firm Aequitas set to launch Category-III AIF

Mumbai-based portfolio advisory and management services (PMS) firm Aequitas Investment Consultancy Pvt. Ltd is planning to float...

India records slowest GDP growth in five quarters

Economy

28 February, 2019

India records slowest GDP growth in five quarters

India's economy grew a lower-than-expected 6.6 percent in the October-December period, the lowest in five quarters, dragged...

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Spark Capital tweaks AIF strategy, rolls out second fund

Finance

28 February, 2019

Spark Capital tweaks AIF strategy, rolls out second fund

Spark Capital Advisors (India) Pvt. Ltd has tweaked its strategy for investing in alternative assets, as the mid-market investment...

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