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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 Avigo MD slashes target size of new PIPE fund, makes first close

Finance

19 September, 2017

Former Avigo MD slashes target size of new PIPE fund, makes first close

Blue Lotus Capital has made the first close of its new public market- focussed private equity fund with commitment of ......

Higher M&A fee helps I-bank Jefferies double Q3 profit

Finance

19 September, 2017

Higher M&A fee helps I-bank Jefferies double Q3 profit

US investment bank Jefferies Group LLC's third-quarter profit more than doubled as it earned more from advising on debt and ......

Madison India raises fourth PE fund; former Providian CEO joins as operating partner

Finance

19 September, 2017

Madison India raises fourth PE fund; former Providian CEO joins as operating partner

Private equity firm Madison India Capital Advisors Pvt. Ltd has achieved the final close of its fourth fund, Madison India ......

Fairfax-backed ICICI Lombard's $886 mn IPO covered three times on final day

Finance

19 September, 2017

Fairfax-backed ICICI Lombard's $886 mn IPO covered three times on final day

The initial public offering of ICICI Lombard General Insurance Co., India’s largest non-life insurer in the private sector, was subscribed ......

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How much did India's highest paid bankers pocket in FY17?

Finance

19 September, 2017

How much did India's highest paid bankers pocket in FY17?

The chief financial officer of India’s fifth-largest private-sector bank continued to hog the limelight in terms of the pay package ......

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Karvy nears deal to sell NBFC unit

Finance

18 September, 2017

Karvy nears deal to sell NBFC unit

Financial services group Karvy is all set to wrap up the sale of its non-banking financial arm to a domestic ......

Fairfax-backed ICICI Lombard's IPO almost covered on day 2

Finance

18 September, 2017

Fairfax-backed ICICI Lombard's IPO almost covered on day 2

The initial public offering of India’s largest private sector non-life insurer ICICI Lombard General Insurance Co was almost fully subscribed ......

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Valuations of firms with efficient biz models to rise after GST: V Lakshmikumaran

Finance

18 September, 2017

Valuations of firms with efficient biz models to rise after GST: V Lakshmikumaran

Bureaucrat-turned-lawyer V Lakshmikumaran founded law firm Lakshmikumaran & Sridharan Attorneys in 1985 and has led it since then to make ......

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With about $470 mn in pocket, Goldman Sachs nears exit from Analjit Singh's Max

Finance

15 September, 2017

With about $470 mn in pocket, Goldman Sachs nears exit from Analjit Singh's Max

Goldman Sachs has sold its remaining stake in Max Financial Services Ltd, which houses the group’s Max Life Insurance business, ......

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Sanlam-backed stock brokerage SMC sets the ball rolling for US listing

Finance

15 September, 2017

Sanlam-backed stock brokerage SMC sets the ball rolling for US listing

Stock booking firm SMC Global Securities Ltd, which twice tried to float a public issue in India, has made a ......

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