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Finance

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

Eton Park exits Reliance AMC; Ritika Suri quits Infosys; Quess Corp plans share sale

Finance

18 July, 2017

Eton Park exits Reliance AMC; Ritika Suri quits Infosys; Quess Corp plans share sale

US-based hedge fund Eton Park has sold its entire 4.43% stake in Reliance Nippon Life Asset Management Ltd, the asset ......

HDFC Life opts for IPO after merger with Max red-flagged

Finance

17 July, 2017

HDFC Life opts for IPO after merger with Max red-flagged

The board of HDFC Standard Life Insurance Co. Ltd (HDFC Life), a joint venture between mortgage lender HDFC Ltd and ......

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Deloitte India to take over BMR Advisors' tax practice

Finance

17 July, 2017

Deloitte India to take over BMR Advisors' tax practice

Professional services firm Deloitte India is set to acquire homegrown rival BMR Advisors’ entire tax practice in one of the ......

SBI Life Insurance files for IPO, likely to raise $1.1 bn

Finance

17 July, 2017

SBI Life Insurance files for IPO, likely to raise $1.1 bn

SBI Life Insurance Co Ltd, a joint venture between State Bank of India Ltd and BNP Paribas Cardif, on Monday ......

IIFL hits final close of second pre-IPO fund

Finance

17 July, 2017

IIFL hits final close of second pre-IPO fund

IIFL Asset Management Ltd has achieved the final close of its $216-million (Rs 1,400 crore) IIFL Special Opportunities Fund 2, ......

PEs in fray to buy GTL Infra; ADIA eyes stake in GMR's Hyderabad airport

Finance

17 July, 2017

PEs in fray to buy GTL Infra; ADIA eyes stake in GMR's Hyderabad airport

Telecom infrastructure company GTL Infrastructure Ltd has seen takeover interest from as many as 19 investors including private equity firms ......

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What the mid-year musings of KKR's Henry McVey could mean for India

Finance

17 July, 2017

What the mid-year musings of KKR's Henry McVey could mean for India

New York-based alternative assets management firm KKR & Co may turn more optimistic about India if the latest semi-annual outlook ......

Govt extends deadline for state-run firms to meet public float norms

Finance

15 July, 2017

Govt extends deadline for state-run firms to meet public float norms

The government has extended the deadline for state-run companies to meet the minimum public shareholding norms by one year to ......

Fairfax-backed ICICI Lombard General Insurance files for IPO

Finance

14 July, 2017

Fairfax-backed ICICI Lombard General Insurance files for IPO

ICICI Lombard General Insurance Company on Friday filed its draft red herring prospectus with the Securities and Exchange Board of ......

Yes Bank secures $150 mn funding from OPIC to back SMEs

Finance

14 July, 2017

Yes Bank secures $150 mn funding from OPIC to back SMEs

India’s fifth-largest private sector lender Yes Bank has signed a pact with US development finance institution Overseas Private Investment Corporation ......

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