Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Former L&T group execs floating infrastructure private equity fund
Two former senior executives of L&T group companies are set to float a large infrastructure-focussed private equity fund.Suneet Maheshwari, who ......
Finance
Company watch: PE-backed India Shelter Finance rides on affordable housing wave
A little more than two years ago, Prime Minister Narendra Modi launched the “Housing for All” scheme to provide housing ......
Finance
SBI Life Insurance gains a tad on trading debut after $1.3 bn IPO
SBI Life Insurance Company Ltd made a positive start on the stock exchanges on Tuesday, with its shares closing 1.1% ......
Finance
IFCI sells 24% stake in Tourism Finance Corp for $44.5 mn
State-run lender IFCI Ltd said on Friday it has sold a 24% stake in Tourism Finance Corporation of India for ......
Finance
Stocks gain for a second day but post loss in September
The Nifty gained for a second straight session on Friday as sentiment improved after the government stuck to its budgeted ......
Finance
M&A of the month: Ebix builds up India remittance biz with Paul Merchants deal
When US-based software services provider Ebix Inc. acquired a majority stake in ItzCash Card Ltd for $120 million (Rs 778 ......
Finance
Global M&A deal value slips in July-Sept; Asia bucks trend
The value of mergers and acquisitions globally dropped slightly in the third quarter of 2017, as big deals worth more ......
Finance
How much returns will DEG, FMO, Sarva Capital make via MAS Financial IPO?
German and Dutch development finance institutions backing MAS Financial Services Ltd, along with its private equity backer, are seen walking ......
Finance
National Stock Exchange aims for IPO in second half of 2018
The new chief executive of India’s National Stock Exchange (NSE) told Reuters he does not expect the bourse’s eagerly awaited ......
Finance
Wolfensohn Capital makes another sweet exit from India portfolio
Emerging markets-focussed private equity firm Wolfensohn Capital Partners has made the fifth exit from its India portfolio even as it ......