Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
New India Assurance's $1.5 bn IPO, Mahindra Logistics offer sail through
The initial public offerings of state-owned insurer New India Assurance Co. Ltd and Mahindra Logistics Ltd were fully covered on ......
Finance
Sensex, Nifty climb to fresh record highs
Indian shares rose around 1 percent to fresh highs on Wednesday, tracking a rally in broader Asia on the back ......
Finance
Centrum Group acquires FirstRand Bank's India microfinance business
Financial services group Centrum Group has started its lending operations through the acquisition of Mumbai-based FirstRand Bank Ltd’s microfinance business ......
Finance
Multiples PE returns principal to LPs in debut fund
Multiples Alternate Asset Management Pvt. Ltd has returned the principal amount from its first private equity fund to its limited...
Finance
India factory output growth slows in October as GST hurts
Indian factory activity barely expanded in October as new orders fell, a survey showed on Wednesday, as price rises following ......
Finance
Metropolitan Stock Exchange raises $32 mn, eyes more capital
Metropolitan Stock Exchange of India (MSEI), the third national-level stock exchange in India, said on Tuesday it has raised Rs ......
Finance
Can the govt's $32 bn bailout revive state-run banks?
The government’s plan to infuse Rs 2.11 trillion ($32 billion) into state-run banks has triggered a stock market rally. While ......
Finance
PE deal of the month: Boston asset manager, True North sign up with Policybazaar
India’s insurance sector has been in the spotlight in recent months with a number of companies floating initial public offerings. ......
Finance
Bain Capital looks to invest in Axis Bank
Private equity firm Bain Capital is looking to invest a large sum in listed private-sector lender Axis Bank, a person ......
Finance
Aavishkaar nears first close of third India fund
Impact investment firm Aavishkaar Venture Management is about to mark the first close of its third India-focussed fund, at least ......