Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
GIC hikes stake in CPPIB-backed Kotak Mahindra Bank
Singapore’s sovereign wealth fund GIC has increased its shareholding in Kotak Mahindra Bank Ltd while Scottish investment...
Finance
True North to pick up 17.4% stake in Federal Bank unit
Homegrown private equity firm True North is set to pick up a 17.4% stake in Fedbank Financial Services Ltd (Fedfina) ......
Finance
Bain Capital Ventures raises $1 bn fund to back startups
Bain Capital Ventures, the venture capital division of the eponymous Boston-based investment firm, said it has raised a new $1...
Finance
Ashok Chawla resigns as YES Bank's part-time chairman
YES Bank said on Wednesday Ashok Chawla has resigned as the non-executive part-time chairman with immediate effect. The private-sector...
Consumer
IFC may back Phoenix for agri supply-chain investments in India, other regions
International Finance Corporation (IFC), the private-sector investment arm of the World Bank, plans to provide up to $20 million...
Finance
Ageas to acquire 40% stake in Royal Sundaram General Insurance
Belgium’s Ageas Insurance has agreed to buy a 40% stake in Royal Sundaram General Insurance Co. Ltd for Rs 1,520 ......
Finance
Adani Capital offers structured finance to construction materials firm
Adani Capital, the financial services arm of the diversified Adani Group, has invested in a company which makes building materials,...
Finance
China's ICBC Bank sets up $200-mn fund to invest in small Indian businesses
China's biggest lender has set up a $200-million fund through which its local arm will invest in India's small- and ......
Finance
Capria's emerging markets $100 mn fund-of-funds marks first close
Global impact investment firm Capria said on Tuesday it has marked the first close of its $100-million emerging markets fund-of-funds...
Finance
IndusInd Bank calls off acquisition of IL&FS' securities services arm
Private-sector lender IndusInd Bank Ltd has terminated its agreement to acquire IL&FS Securities Services Ltd (ISSL) from...
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