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Finance

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

KKR files for bankruptcy against Amtek Global; Blackstone buys Carnival property

Finance

19 July, 2017

KKR files for bankruptcy against Amtek Global; Blackstone buys Carnival property

Private equity giant KKR has initiated bankruptcy proceedings against the Singaporean subsidiary of debt-laden auto component manufacturer Amtek Auto Ltd, ......

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Sumitomo Mitsui Trust Bank to exit Reliance Capital

Finance

18 July, 2017

Sumitomo Mitsui Trust Bank to exit Reliance Capital

Japan’s Sumitomo Mitsui Trust Bank Ltd will sell its entire stake in Anil Ambani-controlled Reliance Capital Ltd, exiting its two-year-old ......

Essel Finance arm to acquire part of Intec Capital's loan portfolio

Finance

18 July, 2017

Essel Finance arm to acquire part of Intec Capital's loan portfolio

Essel Finance Business Loans Ltd, the non-banking finance arm of Essel Finance Ltd, said on Tuesday it plans to acquire ......

P&C Legal rebrands as Jerome Merchant + Partners

Finance

18 July, 2017

P&C Legal rebrands as Jerome Merchant + Partners

Sajan PoovayyaMumbai-based boutique M&A, corporate finance and real estate advisory firm P&C Legal has rebranded as Jerome Merchant + ......

Banks need $2.8 bn extra provisioning for bankruptcy cases, says India Ratings

Finance

18 July, 2017

Banks need $2.8 bn extra provisioning for bankruptcy cases, says India Ratings

Indian banks taking 12 of the country's largest defaulters to bankruptcy court under a central bank directive, will need to ......

KKR outlines succession plan, appoints two co-presidents

Finance

18 July, 2017

KKR outlines succession plan, appoints two co-presidents

KKR & Co LP, the private equity firm founded and headed by Henry Kravis and George Roberts, said on Monday ......

Sovereign investors take on private equity funds in hunt for deals

Finance

18 July, 2017

Sovereign investors take on private equity funds in hunt for deals

Asian sovereign investors are increasingly adding non-public firms to their portfolios amid pricey stock markets, a strategy that could be ......

Check out the most active venture capital investors of this year

Finance

18 July, 2017

Check out the most active venture capital investors of this year

The top-10 list of top venture capital firms that backed startups in the first half of this year has undergone ......

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Reliance General Insurance picks bankers for IPO

Finance

18 July, 2017

Reliance General Insurance picks bankers for IPO

Anil Ambani-controlled Reliance Group has appointed merchant bankers to list its general insurance arm by the end of the current ......

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Blume edges past Sequoia, Accel, Beenext to become most active VC firm

Finance

18 July, 2017

Blume edges past Sequoia, Accel, Beenext to become most active VC firm

Seed-stage venture capital firm Blume Ventures has overtaken Sequoia Capital and Accel Partners as the most prolific backer of startups ......

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