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

After Cairn, Devas sues Air India to recover $1.5 bn award

Finance

29 June, 2021

After Cairn, Devas sues Air India to recover $1.5 bn award

Shareholders in Devas Multimedia have sued Air India in an effort to recover sums Devas won in arbitration awards against ......

India extends guarantee on loans to health, tourism sectors

Finance

28 June, 2021

India extends guarantee on loans to health, tourism sectors

India will expand federal guarantees on loans to businesses to Rs 4.5 lakh crore ($60.7 billion) from an earlier limit ......

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Weekly Deals Wrap: Consumer transactions dominate; Tiger makes headlines again

Finance

25 June, 2021

Weekly Deals Wrap: Consumer transactions dominate; Tiger makes headlines again

In the fourth week of June, two control deals in the consumer sector dominated the charts, one bankrolled by a ......

Orios Venture Partners marks final close of Select Fund I at $30 mn

Finance

25 June, 2021

Orios Venture Partners marks final close of Select Fund I at $30 mn

Orios Venture Partners on Friday said it has marked the final close of its Select Fund I at $30 million ......

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TA Associates backed mutual fund distributor Prudent Corporate plots IPO for fundraise

Finance

24 June, 2021

TA Associates backed mutual fund distributor Prudent Corporate plots IPO for fundraise

TA Associates backed Prudent Corporate Advisory Services is planning to raise capital through an initial public offering (IPO),...

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Swiss investor Corinth Group to launch India fund aiming to raise over $400 mn

Finance

24 June, 2021

Swiss investor Corinth Group to launch India fund aiming to raise over $400 mn

Swiss private investment firm Corinth Group's India focused fund with a target corpus of over $400 million (Rs 2,964 crore)...

Non-bank lender Northern Arc Capital launches alternatives platform for individuals

Finance

24 June, 2021

Non-bank lender Northern Arc Capital launches alternatives platform for individuals

Digital debt financing platform Northern Arc Capital said on Thursday it has launched an alternative investment platform AltiFi...

Centrum Capital to raise about $200 mn via equity, debt

Finance

24 June, 2021

Centrum Capital to raise about $200 mn via equity, debt

Financial services provider Centrum Capital Ltd said it would raise cash through debt and equity totalling Rs 1,500 crore ($202...

Kingfisher Airlines lenders recover $787 mn by selling pledged shares

Finance

23 June, 2021

Kingfisher Airlines lenders recover $787 mn by selling pledged shares

Nine years after bankrupt Kingfisher Airlines Ltd was grounded, the State Bank of India-led lenders consortium has managed to...

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Edelweiss gears up for Series IIIA as Crossover III set to hit final close by next month

Finance

23 June, 2021

Edelweiss gears up for Series IIIA as Crossover III set to hit final close by next month

Edelweiss Wealth Management will launch Series IIIA fund right after the Series III vehicle hits final close by early next ......

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