Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
PE fund, top family office to pick up stake in SBI General Insurance
State Bank of India (SBI), the country's top lender, said on Wednesday its board approved a plan to divest 4 ......
Finance
LP commitment to PE-VC funds slows in Q2; dry powder shrinks as investment soars
Limited partners (LPs), including local high net-worth individuals and offshore investors, slowed the pace of allocating money...
Finance
TPG-backed NewQuest in talks to acquire LP interest in NEA India
NewQuest Capital Partners, a private equity firm that focuses on secondaries deals, is in discussions to acquire the limited partner...
Finance
YES Bank will ask RBI for more time to find CEO Rana Kapoor's successor
India's Yes Bank Ltd said on Tuesday it would seek the central bank's approval to extend CEO Rana Kapoor's term ......
Economy
India's April-Aug fiscal deficit at 94.7% of full-year target
India reported on Tuesday a fiscal deficit of 5.9 trillion rupees ($81.4 billion) for April-August, or 94.7 percent of the ......
Finance
Why affordable housing hasn't really gained traction
Affordable housing has proven to be uneconomical and most action has centered on ‘economic housing’ targeting middle-class population. What more ......
Finance
Anand Rathi Wealth files for $58 mn IPO
Financial services major Anand Rathi Group has filed a draft prospectus to list its wealth management arm through an initial ......
Finance
Top IDFC Bank exec resigns to join i-banking firm
A senior equity capital market executive at Mumbai-listed IDFC Bank has resigned to join one of India’s top investment banking...
Finance
TPG in talks to take over Abraaj's $1 bn healthcare fund
Actis has been picked as the preferred bidder for the management rights of Abraaj's Africa funds, sources familiar with the...
Finance
PremjiInvest, ADIA among anchor investors as Aavas Financiers IPO makes slow start
Aavas Financiers Ltd has raised Rs 520 crore ($71.3 million) by selling shares to a bunch of anchor investors, including ......
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