Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
PNB branch at centre of Nirav Modi scam detects new fraud
India’s Punjab National Bank (PNB) has detected another small fraud at a Mumbai branch which is at the centre of ......
Finance
ICICI Securities seeks $2.6 bn valuation via IPO
ICICI Securities Ltd, the stock broking arm of ICICI Bank Ltd, is seeking a valuation of as much as Rs ......
Finance
What is keeping investors away from buying into stressed assets?
Indian banks are grappling with stressed assets worth nearly $150 billion. The enactment of the Bankruptcy and Insolvency Code and ......
Finance
World Bank will lend more to India with focus on infra
The World Bank plans to raise lending to India by about $1 billion every year for the next five years ......
Finance
WPI inflation cools for third straight month
India's annual wholesale price inflation eased in February for the third straight month after touching an eight-month high in November, ......
Finance
HDFC to pare 4% stake in mutual fund arm via IPO
Housing Development Finance Corporation Ltd, India’s largest mortgage lender, will divest a 4% stake in its mutual fund arm through ......
Finance
ICICI Venture-backed KIMS Hospitals, road builder Patel Infra get SEBI nod for IPO
Super-speciality hospital chain Krishna Institute of Medical Sciences Ltd (KIMS) and road construction company Patel Infrastructure Ltd have received regulatory ......
Finance
Punjab National Bank fraud swells by $145 mn more
The Punjab National Bank has told police that it has uncovered additional exposure of about 9.42 billion rupees ($145.2 million) ......
Finance
Former Actis director floats SME fund
A former executive at emerging markets private equity firm Actis Advisors Pvt Limited has floated a fund to invest in ......
Finance
How real is India Inc's earnings growth revival story?
Of the three narratives supporting the stratospheric rise of the stock market indices in India—liquidity, economic reforms and green shoots ......
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