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

Government curbs cash transactions after demonetisation

Finance

22 March, 2017

Government curbs cash transactions after demonetisation

The Lok Sabha on Wednesday approved a ban on cash transactions above 200,000 rupees ($3,055), enacting tax measures from last...

IFC commits $3 mn to pi Ventures' maiden VC fund

Finance

22 March, 2017

IFC commits $3 mn to pi Ventures' maiden VC fund

International Finance Corporation (IFC) plans to invest $3 million (about Rs 20 crore) in Bengaluru-based early-stage venture...

Carlyle front-runner to pick GE Capital's stake in SBI Cards

Finance

22 March, 2017

Carlyle front-runner to pick GE Capital's stake in SBI Cards

Global private equity firm Carlyle Group is set to acquire GE Capital’s stake in SBI Cards & Payments Services Pvt....

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QIPs back in vogue after a lull

Finance

20 March, 2017

QIPs back in vogue after a lull

An increasing number of listed companies in India, especially public sector banks, are back in the market to raise fresh ......

Bullish investors drive Nifty to record high

Finance

17 March, 2017

Bullish investors drive Nifty to record high

India's broader NSE stock index hit a record high on Friday, as bets on improving earnings and additional economic reforms...

How India and other nations are floating sovereign wealth funds–without the wealth

Finance

20 March, 2017

How India and other nations are floating sovereign wealth funds–without the wealth

Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new ......

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Avendus Capital poaches foreign bank's India legal head

Finance

17 March, 2017

Avendus Capital poaches foreign bank's India legal head

  Neeta Sanghavi, Legal Head, Avendus Capital Investment banking firm Avendus Capital Pvt. Ltd has hired the legal...

Kedaara Capital set to take control of microlender Spandana Sphoorty

Finance

17 March, 2017

Kedaara Capital set to take control of microlender Spandana Sphoorty

Private equity firm Kedaara Capital Investment Managers Ltd is in talks with Hyderabad-based microfinance firm Spandana Sphoorty...

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DMI Finance hits last lap to raise capital for fintech arm

Finance

17 March, 2017

DMI Finance hits last lap to raise capital for fintech arm

Non-banking finance company DMI Finance Pvt. Ltd is in the final stages of talks to raise a fresh round of ......

Court accepts service tax department's plea to extradite Mallya

Finance

17 March, 2017

Court accepts service tax department's plea to extradite Mallya

The service tax department’s application to extradite promoter of defunct Kingfisher Airlines Ltd Vijay Mallya from the...

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