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Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

Cigna to hike stake in insurance JV with TTK Group

Finance

17 August, 2017

Cigna to hike stake in insurance JV with TTK Group

Mumbai-based Cigna TTK Health Insurance Company Ltd has filed an application with the Insurance Regulatory and Development Authority to increase ......

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Larger issue size, better pricing make this bull run unique: Kotak's Jayasankar

Finance

16 August, 2017

Larger issue size, better pricing make this bull run unique: Kotak's Jayasankar

The last two years have seen some good-quality companies tap the primary market and deliver strong returns. In the current ......

Govt's fund infusion into lenders facing defaults 'moral hazard', says Fitch

Finance

16 August, 2017

Govt's fund infusion into lenders facing defaults 'moral hazard', says Fitch

The government risks creating "moral hazard" by injecting funds into state-run lenders such as IDBI Bank Ltd which are at ......

IIFL Special Opportunities Fund picks up 2.6% in Reliance Mutual Fund

Finance

16 August, 2017

IIFL Special Opportunities Fund picks up 2.6% in Reliance Mutual Fund

IIFL Special Opportunities Fund has bought a 2.59% stake in Reliance Nippon Life Asset Management Ltd (RNAM) for $60 million ......

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IDBI Bank seeks bankers to sell non-core businesses

Finance

14 August, 2017

IDBI Bank seeks bankers to sell non-core businesses

State-owned IDBI Bank has sought representations from investment banks to sell most of its non-core businesses, three people aware of ......

Warburg Pincus-backed Capital First investing in Satin Creditcare

Finance

11 August, 2017

Warburg Pincus-backed Capital First investing in Satin Creditcare

Satin Creditcare Network Ltd said on Friday said it will raise about Rs 35 crore ($5.5 million) from non-banking financial ......

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Actis names new India head after top-level churn, plans larger bets

Finance

11 August, 2017

Actis names new India head after top-level churn, plans larger bets

Private equity firm Actis Advisers Pvt. Ltd is going through a change of guard in India after a series of ......

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PE-backed Five Star Business Finance attracts new investors

Finance

09 August, 2017

PE-backed Five Star Business Finance attracts new investors

Non-banking financial company Five Star Business Finance Ltd has raised a fresh round of funding from two new and two ......

State-run general insurer New India Assurance files for IPO

Finance

09 August, 2017

State-run general insurer New India Assurance files for IPO

State-owned general insurance firm The New India Assurance Co. Ltd on Wednesday filed a draft red herring prospectus with the ......

KKR-backed Avendus to acquire UK asset manager Ocean Dial

Finance

09 August, 2017

KKR-backed Avendus to acquire UK asset manager Ocean Dial

Diversified financial services firm Avendus Group, which is backed by private equity major Kohlberg Kravis Roberts & Co Ltd, said ......

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