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

Kenneth Andrade's Old Bridge to float $62 mn alternative investment fund

Finance

24 November, 2017

Kenneth Andrade's Old Bridge to float $62 mn alternative investment fund

Kenneth Andrade’s portfolio management services firm Old Bridge Capital will launch a public markets fund early next ......

Standard & Poor's keeps India debt rating unchanged

Finance

24 November, 2017

Standard & Poor's keeps India debt rating unchanged

Standard & Poor’s stuck with its “BBB-minus” sovereign rating and “stable” outlook for India on Friday, declining to follow Moody’s ......

Unilever Ventures invests $10 mn in IDG Ventures India

Finance

24 November, 2017

Unilever Ventures invests $10 mn in IDG Ventures India

Unilever Ventures, the venture capital and private equity arm of consumer goods giant Unilever, has invested Rs 65 crore ($10 ......

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CDPQ's direct India investment portfolio crosses $500 mn with Edelweiss bet

Finance

24 November, 2017

CDPQ's direct India investment portfolio crosses $500 mn with Edelweiss bet

Canadian pension fund CDPQ has picked up a stake in Edelweiss Financial Services Ltd, ramping up its direct bets on ......

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PE, LP advisory firm Berkeley Research Group expands India coverage

Finance

24 November, 2017

PE, LP advisory firm Berkeley Research Group expands India coverage

Berkeley Research Group, a US-based consultancy firm that conducts due diligence for private equity firms and limited partners, is stepping ......

Sovereign wealth funds pull $3.7 bn from global stock, bond markets in Q3

Finance

24 November, 2017

Sovereign wealth funds pull $3.7 bn from global stock, bond markets in Q3

Sovereign wealth funds (SWFs) withdrew more money from global stock and bond markets in the third quarter of 2017, albeit ......

Insurer Aviva ups exposure to state-run banks on recapitalization boost

Finance

23 November, 2017

Insurer Aviva ups exposure to state-run banks on recapitalization boost

Aviva Plc’s India life insurance joint venture is raising its exposure to the country’s state-run banks as it bets the ......

Bharti family pledges $1.1 bn for philanthropy

Finance

23 November, 2017

Bharti family pledges $1.1 bn for philanthropy

The Bharti family has pledged Rs 7,000 crore (around $1.1 billion), or 10% of its wealth, to support activities of ......

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UTI Capital hits first close of maiden private debt fund

Finance

22 November, 2017

UTI Capital hits first close of maiden private debt fund

UTI Capital Pvt. Ltd, a subsidiary of UTI Asset Management Company Ltd, has hit the first close of its maiden ......

Sensex stretches gaining streak to fifth day

Finance

22 November, 2017

Sensex stretches gaining streak to fifth day

Indian shares rose for a fifth straight session on Wednesday, helped by a late rally in state-owned banks after the ......

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