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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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Sistema Asia Fund to expand India investment mandate

Finance

14 November, 2017

Sistema Asia Fund to expand India investment mandate

Sistema Asia Fund, a $50-million venture capital fund floated by Russian conglomerate Sistema JSFC last year, is expanding its India ......

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Everstone-backed IndoStar Capital revives IPO plan

Finance

14 November, 2017

Everstone-backed IndoStar Capital revives IPO plan

Non-banking financial company IndoStar Capital Finance Ltd has revived a plan to go public, two people aware of the development ......

Retail inflation quickens to seven-month high in October

Finance

13 November, 2017

Retail inflation quickens to seven-month high in October

India’s retail inflation picked up in October to a seven-month high, driven by faster rises in prices of food and ......

New India Assurance slips on trading debut after $1.5 bn IPO

Finance

13 November, 2017

New India Assurance slips on trading debut after $1.5 bn IPO

New India Assurance Co. Ltd, India’s biggest non-life insurer, made a disappointing start on the stock exchanges on Monday with ......

Govt eases transfer pricing norms for offshore funds

Finance

10 November, 2017

Govt eases transfer pricing norms for offshore funds

The alternative investments fund market in India has got a shot in the arm with the government relaxing transfer pricing ......

Bain Capital to lead $1.8 bn fund infusion in Axis Bank

Finance

10 November, 2017

Bain Capital to lead $1.8 bn fund infusion in Axis Bank

US-based global alternative investment firm Bain Capital, state-run Life Insurance Corporation and investment management firm Capital Group will acquire Axis ......

Govt to lower items under highest rate in GST

Finance

10 November, 2017

Govt to lower items under highest rate in GST

India will slash by nearly three-quarters the number of items subjected to the highest rate of a new nationwide tax, ......

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Creador bets on another Indian financial services firm

Finance

10 November, 2017

Creador bets on another Indian financial services firm

South- and Southeast Asia-focused private equity firm Creador, which has made a fortune from investments in the Indian financial services ......

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Bombay High Court orders SIDBI VC-backed firm to repay loan to IL&FS Financial

Finance

10 November, 2017

Bombay High Court orders SIDBI VC-backed firm to repay loan to IL&FS Financial

The Bombay High Court has directed a contract farming company backed by SIDBI Venture Capital Ltd to pay Rs 48.43 ......

HDFC Life's $1.34 bn IPO subscribed nearly five times

Finance

09 November, 2017

HDFC Life's $1.34 bn IPO subscribed nearly five times

The initial public offering (IPO) of HDFC Standard Life Insurance Company Ltd concluded on Thursday with bids nearly five times ......

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