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

Piramal's Khushru Jijina on housing market, growing demand for debt and more

Finance

04 October, 2018

Piramal's Khushru Jijina on housing market, growing demand for debt and more

India’s real estate industry has been going through a slowdown for the past few years, though there have been pockets ......

Chanda Kochhar quits ICICI Bank, Sandeep Bakhshi new CEO

Finance

04 October, 2018

Chanda Kochhar quits ICICI Bank, Sandeep Bakhshi new CEO

ICICI Bank Ltd said on Thursday it has appointed Sandeep Bakhshi as Chief Executive Officer to replace Chanda Kochhar, who ......

India services activity drops to four-month low in September

Economy

04 October, 2018

India services activity drops to four-month low in September

Activity in India's dominant services sector eased to a four-month low in September on dwindling demand, while intensifying...

Blume Ventures hits first close of third VC fund, raises half of targeted corpus

Finance

04 October, 2018

Blume Ventures hits first close of third VC fund, raises half of targeted corpus

Blume Ventures said on Thursday it has marked the first close of its third fund, joining a list of venture ......

Alteria Capital marks second close of debut venture debt fund

Finance

04 October, 2018

Alteria Capital marks second close of debut venture debt fund

Venture debt firm Alteria Capital has hit the second close of its debut fund at Rs 625 crore ($85 million) ......

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How OPIC spread its bets on PE, VC funds operating in India

Finance

03 October, 2018

How OPIC spread its bets on PE, VC funds operating in India

The Overseas Private Investment Corporation (OPIC) backed a healthcare-focussed private equity fund that operates in India last...

IMF appoints Harvard professor Gita Gopinath as chief economist

Finance

01 October, 2018

IMF appoints Harvard professor Gita Gopinath as chief economist

The International Monetary Fund (IMF) on Monday appointed Gita Gopinath as its chief economist to replace Maurice Obstfeld, who...

Why SME lending is attracting both investors and fintech entrepreneurs

Finance

01 October, 2018

Why SME lending is attracting both investors and fintech entrepreneurs

Demand for credit from micro, small and medium-sized enterprises is huge and growing. Given the massive unmet demand, there is ......

Govt seeks to take control of debt-ridden IL&FS, proposes Uday Kotak as chairman

Finance

01 October, 2018

Govt seeks to take control of debt-ridden IL&FS, proposes Uday Kotak as chairman

India on Monday moved to take control of Infrastructure Leasing and Financial Services (IL&FS), whose recent defaults have...

Agri finance, logistics firm Origo raises first round of institutional funding

Finance

01 October, 2018

Agri finance, logistics firm Origo raises first round of institutional funding

Origo Commodities India Pvt. Ltd, a post-harvest supply-chain finance and logistics company, has raised Rs 80 crore ($11 million)...

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