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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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Edelweiss aims to hit final close for stressed assets fund by month-end

Finance

03 September, 2018

Edelweiss aims to hit final close for stressed assets fund by month-end

Edelweiss Alternative Asset Advisors Ltd, a unit of Edelweiss Financial Services Ltd, has deployed a third of its stressed assets-focussed...

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India's mid-size bad loans resolution process from this month: Project Sashakt's Mehta

Finance

03 September, 2018

India's mid-size bad loans resolution process from this month: Project Sashakt's Mehta

In early July, a panel led by Sunil Mehta, non-executive chairman at Punjab National Bank, proposed a five-pronged Project Sashakt ......

Baring PE Asia's second real estate fund oversubscribed at $1 bn

Finance

31 August, 2018

Baring PE Asia's second real estate fund oversubscribed at $1 bn

Hong Kong-based alternative asset management firm Baring Private Equity Asia has hit the final close of its second dedicated real...

India GDP growth quickens to 8.2% in April-June

Economy

31 August, 2018

India GDP growth quickens to 8.2% in April-June

India's economic growth surged to a more than two-year high of 8.2 percent in the three months through June from ......

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How much is ChrysCapital planning to raise for its next fund?

Finance

31 August, 2018

How much is ChrysCapital planning to raise for its next fund?

An eighth sector-agnostic fund is in the works for homegrown private equity firm ChrysCapital, multiple people familiar with the...

India's April-July fiscal deficit at 86.5% of full-year target

Economy

31 August, 2018

India's April-July fiscal deficit at 86.5% of full-year target

India reported on Friday a fiscal deficit of 5.4 trillion rupees ($76.12 billion) for April-July, or 86.5 percent of the ......

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Former Utkarsh Small Finance Bank execs float microfinance company

Finance

31 August, 2018

Former Utkarsh Small Finance Bank execs float microfinance company

Two former executives at Utkarsh Small Finance Bank Ltd have set up a microfinance company and are aiming to raise ......

Former Deutsche Securities India chief Laijawala to head Avendus ESG fund

Finance

30 August, 2018

Former Deutsche Securities India chief Laijawala to head Avendus ESG fund

Abhay Laijawala, a former head of Deutsche Securities India, has joined Avendus Capital Public Markets Alternate Strategies LLP...

Microlenders' gross loans jump 53% in April-June

Finance

30 August, 2018

Microlenders' gross loans jump 53% in April-June

The gross loan portfolio of microfinance institutions (MFIs) rose 53% to Rs 51,878 crore for the April-June period from Rs ......

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Project Sashakt panel engages with PE funds for AIF as investors seek clarity

Finance

30 August, 2018

Project Sashakt panel engages with PE funds for AIF as investors seek clarity

A committee of bankers tasked with implementing Project Sashakt to ease the pile of bad loans on banks’ balance sheets ......

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