Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Not right to drag all distressed companies into insolvency: SBI MD
Indian banks and financial regulators should look for solutions outside the bankruptcy law to deal with stressed assets that will...
Finance
CDC's direct investments in India triple even as LP commitments fall
UK-based development finance institution CDC Group Plc’s direct investment portfolio in India grew three times in 2019 as...
Finance
Morgan Stanley's maiden India infrastructure fund hits final close
An India-focused infrastructure investment fund managed by global financial services giant Morgan Stanley has marked its final...
Finance
Inditrade bulks up financial products distribution with acquisition of VC investor arm
Brokerage firm Inditrade Capital Ltd has acquired a subsidiary of a Singapore-based venture capital fund to boost its third-party...
Economy
India's services activity contracts for fifth straight month in July
India’s dominant services industry, a key driver of economic growth, shrank for a fifth straight month in July as restraining...
Finance
US agency guarantees IndusInd debt funding for housing finance firm Aviom
The United States International Development Finance Corporation (USIDFC) has guaranteed a $5 million (Rs 37 crore) debt financing...
Finance
Sequoia hires Gojek exec as operating partner; July Ventures names managing partners
Sequoia Capital India has tapped into its Indonesian portfolio company Gojek to fill in the role of an operating partner. Ajey...
Finance
KKR beats estimates with flat second-quarter earnings
U.S. private equity firm KKR & Co Inc said on Tuesday that its second-quarter distributable earnings were flat year-on-year,...
Finance
GIC bets more on Bandhan Bank as Temasek joins in
Singapore sovereign wealth fund GIC Pte Ltd has increased its stake in Bandhan Bank while its sister concern Temasek Holdings...
Finance
Sashidhar Jagdishan to replace Aditya Puri as HDFC Bank chief
The Reserve Bank of India has approved the appointment of Sashidhar Jagdishan as managing director and CEO of HDFC Bank ......
