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

IndoStar Capital pares gains after listing at 5% premium

Finance

21 May, 2018

IndoStar Capital pares gains after listing at 5% premium

Mumbai-based IndoStar Capital Finance Ltd made a positive start on the stock exchanges on Monday, with its shares listing at ......

Temasek to pick up 4.8% in AU Small Finance Bank

Finance

21 May, 2018

Temasek to pick up 4.8% in AU Small Finance Bank

Singapore state investment arm Temasek has struck its third back-to-back deal in India this month by inking an agreement to ......

Inditrade Capital inks pact to sell equity broking business

Finance

18 May, 2018

Inditrade Capital inks pact to sell equity broking business

Brokerage firm Inditrade Capital Ltd, formerly JRG Securities, will sell its equity broking business to Mumbai-based peer Choice Equity Broking ......

CalPERS creates direct investment platforms for late-stage VC, long-term PE bets

Finance

18 May, 2018

CalPERS creates direct investment platforms for late-stage VC, long-term PE bets

California Public Employees’ Retirement System (CalPERS), the largest US pension fund that is also a limited partner (LP) for a ......

Fairfax-controlled Quess to buy remaining stake in HR firm Comtel

Finance

18 May, 2018

Fairfax-controlled Quess to buy remaining stake in HR firm Comtel

Fairfax-controlled business service provider Quess Corp. has received board approval to acquire remaining 36% stake in Singapore-based staffing firm Comtel ......

Cerestra to raise $300 mn education-infrastructure fund

Finance

18 May, 2018

Cerestra to raise $300 mn education-infrastructure fund

Real estate-focussed private equity firm Cerestra Advisors Ltd has floated an offshore education-infrastructure fund to raise as much as $300 ......

Crest Ventures to buy out partner in Tullett Prebon India

Finance

17 May, 2018

Crest Ventures to buy out partner in Tullett Prebon India

Non-banking financial company Crest Ventures Ltd has agreed to buy the 48% stake it doesn’t already own in Tullett Prebon ......

Japan's Dai-ichi Life picks up stake in Union Bank's mutual fund arm

Finance

17 May, 2018

Japan's Dai-ichi Life picks up stake in Union Bank's mutual fund arm

Japanese life insurance firm Dai-ichi Life Holdings has ventured into the asset management business in India by acquiring 39.62% stake ......

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Bharti Group exits Biyani's non-retail biz arm; Times Group ups stake

Finance

17 May, 2018

Bharti Group exits Biyani's non-retail biz arm; Times Group ups stake

Billionaire Sunil Mittal-led Bharti Group, which had merged its retail business with Future Group three years ago, has exited the ......

IFC plans $150 mn debt investment in HDFC Bank's NBFC unit

Finance

17 May, 2018

IFC plans $150 mn debt investment in HDFC Bank's NBFC unit

International Finance Corporation (IFC), the private-sector investment arm of World Bank, is planning to make a senior debt investment of ......

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