Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Essel Group to acquire majority stake in LKP Finance
Media baron Subhash Chandra’s Essel Group has agreed to acquire a majority stake in Mumbai-listed non-bank lender LKP Finance Ltd.Dakshin ......
Finance
AION-controlled Clix Capital hires bankers to raise growth capital
Clix Capital Services Pvt. Ltd, a non-bank lender majority owned by private equity firm AION Capital Partners Ltd, plans to ......
Finance
Govt seeks ouster of Allahabad Bank CEO, two PNB execs over Nirav Modi fraud case
India is taking steps to oust three bank executives, its banking secretary said on Monday, after police issued a list ......
Finance
True North to pick up 26% stake in Federal Bank's NBFC
Homegrown private equity firm True North is set to acquire 26% stake in Fedbank Financial Services Ltd (Fedfina), a non-banking ......
Finance
Everstone-backed IndoStar Capital's IPO sails through on final day
Everstone Capital-backed non-banking financial company IndoStar Capital Finance Ltd saw a strong turnout for its initial public offering (IPO) in ......
Finance
KKR strikes year's first full exit from India portfolio
Private equity giant Kohlberg Kravis Roberts & Co. (KKR) has sold its entire stake in a private-sector lender, marking its ......
Finance
Everstone-backed IndoStar Capital's IPO subscribed two-thirds on second day
Everstone Capital-backed non-banking financial company IndoStar Capital Finance’s initial public offering (IPO) was subscribed a little more than two-thirds on ......
Finance
IFC plans to invest $50 mn in Encore ARC
International Finance Corporation plans to invest up to Rs 325 crore (around $50 million) in Gurugram-based Encore Asset Reconstruction Company ......
Finance
Everstone-backed IndoStar Capital IPO nears halfway mark on day one
Subscriptions for the initial public offering (IPO) of non-banking finance company IndoStar Capital Finance Ltd neared the halfway mark on ......
Finance
Carlyle hits jackpot with PNB Housing Fin partial exit; General Atlantic ups stake
Private equity firm Carlyle Group has made a partial exit from PNB Housing Finance just over three years after betting ......
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