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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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Former L&T group execs floating infrastructure private equity fund

Finance

03 October, 2017

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 ......

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Company watch: PE-backed India Shelter Finance rides on affordable housing wave

Finance

03 October, 2017

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 ......

SBI Life Insurance gains a tad on trading debut after $1.3 bn IPO

Finance

03 October, 2017

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% ......

IFCI sells 24% stake in Tourism Finance Corp for $44.5 mn

Finance

29 September, 2017

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 ......

Stocks gain for a second day but post loss in September

Finance

29 September, 2017

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 ......

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M&A of the month: Ebix builds up India remittance biz with Paul Merchants deal

Finance

29 September, 2017

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 ......

Global M&A deal value slips in July-Sept; Asia bucks trend

Finance

29 September, 2017

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 ......

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How much returns will DEG, FMO, Sarva Capital make via MAS Financial IPO?

Finance

28 September, 2017

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 ......

National Stock Exchange aims for IPO in second half of 2018

Finance

28 September, 2017

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 ......

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Wolfensohn Capital makes another sweet exit from India portfolio

Finance

28 September, 2017

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 ......

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