Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Srei Equipment Finance hires merchant banks for IPO
Srei Equipment Finance Ltd, India’s largest equipment finance firm, has appointed merchant bankers as it readies to go public next ......
Finance
Fairfax-backed ICICI Lombard's IPO covered 27% on day 1
The initial public offering (IPO) of ICICI Lombard General Insurance Co., India’s largest private sector non-life insurer, crossed the one-fourth ......
Finance
Goldman Sachs to sell up to $110 mn stake in Max Financial
Goldman Sachs will sell shares worth up to $110 million in India’s Max Financial Services Ltd on Friday, according to ......
Finance
IL&FS tunes strategy for $550 mn stressed asset JV with Lone Star
The stressed assets fund floated by Infrastructure Leasing & Financial Services Ltd (IL&FS) and American private equity fund house Lone ......
Finance
Private equity fund-of-funds Asia Alternatives raises $1.8 bn
Asia Alternatives Management LLC, an independent Asian private equity fund-of-funds which has backed a few India-dedicated PE funds, has hit ......
Finance
Why is capital inflow into PE/VC funds rising but new investment slowing?
SEBI-registered private equity and venture capital firms have added nearly $1 billion in fresh dry powder during the April-June quarter. ......
Finance
Indian Bank, Union Bank hire bankers to raise money from capital markets
Listed public sector lenders Indian Bank and Union Bank of India Ltd have initiated the process of raising money from ......
Finance
Religare's institutional investor moves law tribunal, seeks dissolution of board
Weeks after the Supreme Court restrained promoters of Fortis Healthcare Ltd from selling their stake in the hospital chain, brothers ......
Finance
Indian PE-VC funds add $1 bn more to dry powder pile
Indian private equity and venture capital funds saw their collective pile of investable money, or dry powder, soar to a ......
Finance
New Enterprise Associates may defer fresh India investments for a year
Global venture capital firm New Enterprise Associates (NEA), which has been investing in India for over a decade, is likely ......
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