Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
School financier Varthana raises $3 mn from MSDF
Bengaluru-based school finance company Thirumeni Finance Pvt. Ltd, which operates under the Varthana brand, has raised $3 million (Rs 20 ......
Finance
Eyeing concentrated VC bets to keep hit rate high in India: Bertelsmann's Makkar
Bertelsmann India Investments (BII), the strategic investment arm of one of the world's largest mass media companies, BertelsmannSE & Co. ......
Finance
GIC Re's $1.7 bn share sale covered 80% on day 1; IEX IPO sails through
The initial public offering of state-run reinsurance firm General Insurance Corp of India (GIC Re) was covered 80% on the ......
Finance
Goldman Sachs forms in-house group to spot out-of-the-box deals for big firms
Goldman Sachs Group Inc is betting it can get its money-making mojo back by pitching creative deals to big, complex ......
Finance
IMF cuts India growth forecast to 6.7%, upgrades global outlook
The current broad-based global economic upswing will likely be sustained this year and next, the International Monetary Fund said on ......
Finance
Reliance Nippon Life Asset Management gets SEBI nod for IPO
India's third-largest mutual fund manager Reliance Nippon Life Asset Management (RNAM), operated by Anil Ambani-led Reliance Group, has received the ......
Finance
Indian banks' bad loans touch record $146 bn
Indian banks’ sour loans hit a record 9.5 trillion rupees ($145.56 billion) at the end of June, unpublished data shows, ......
Finance
PE-backed MAS Financial's IPO covered 128 times; IEX nears halfway mark on day 2
The initial public offering of MAS Financial Services Ltd received bids for 128 times the shares on sale thanks to ......
Finance
Reliance General Insurance files for IPO
Anil Ambani-controlled Reliance Group on Monday filed a draft proposal with the Securities and Exchange Board of India to list ......
Finance
Impact investor Dia Vikas Capital backs Satya MicroCapital
Non-banking financial company Satya MicroCapital Ltd has raised its first round of institutional funding from impact investor Dia Vikas Capital ......
