Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Reliance Nippon Life climbs nearly 13% on trading debut after $238 mn IPO
Reliance Nippon Life Asset Management Co. Ltd, India's third-largest mutual fund and the first in the segment to go public, ......
Finance
India entry valuations high, not reflecting slowdown: FMO CEO Jürgen Rigterink
Jürgen Rigterink has just completed one year in office as the CEO and chairman of Dutch development bank FMO. In ......
Finance
LIC, PSU banks bail out New India Assurance's $1.5 bn IPO; Khadim subscribed 45%
Life Insurance Corporation of India and a clutch of state-owned banks rescued New India Assurance’s Rs 9,600 crore ($1.5 billion) ......
Finance
Indiabulls sells 10% stake in Britain's OakNorth Bank to GIC for $118 mn
Singaporean sovereign investor GIC will take a 10 percent stake in British specialist bank OakNorth for 90 million pounds, OakNorth ......
Finance
Non-bank lender Electronica Finance eyes growth capital
Electronica Finance Ltd, a Pune-based non-banking financial company, is looking to raise its first round of external equity capital to ......
Finance
Mahindra Logistics' IPO covered eight times; NIA issue little changed on day 2
The initial public offering of Kedaara Capital-backed Mahindra Logistics Ltd saw good turnout on the final day, while that of ......
Finance
Former Karvy exec's NBFC Prest Loans raises fresh capital
Non-banking financial company Prest Loans has raised Rs 3.7 crore ($570,000) capital to expand operations and strengthen its technology platform, ......
Finance
Carlyle marks first close of biggest-ever Asia fund
US-based private equity giant Carlyle Group, which invests in both growth and buyout deals in India out of its Asia ......
Finance
Finance minister Arun Jaitley to head panel to oversee state bank consolidation
India has set up a panel headed by Finance Minister Arun Jaitley to evaluate proposals for mergers among state-run banks, ......
Finance
Industrial real estate investor IndoSpace hits first close of third fund
Mumbai-based industrial real estate investor IndoSpace has marked the first close of its third fund at $300 million (about Rs ......
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