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

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Former Fairfax exec's PE fund Convergent makes maiden banking bet

Finance

20 July, 2020

Former Fairfax exec's PE fund Convergent makes maiden banking bet

A private equity firm floated by former Fairfax India executive Harsha Raghavan has struck its first deal in the financial ......

Fair-practice norms may prompt ARCs to cherry-pick deals, improve transparency

Finance

20 July, 2020

Fair-practice norms may prompt ARCs to cherry-pick deals, improve transparency

While the Indian stressed asset market is often seen as dismal, the global slowbalisation has tightened the screws on the ......

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Blackstone-owned Aadhar Housing's CEO on pandemic's impact on business and more

Finance

20 July, 2020

Blackstone-owned Aadhar Housing's CEO on pandemic's impact on business and more

In February 2019, Blackstone Group, the world’s largest private equity firm, inked a pact to acquire Aadhar Housing Finance Ltd. ......

L&T to wind up West Asian wealth management unit after InCred deal collapses

Finance

17 July, 2020

L&T to wind up West Asian wealth management unit after InCred deal collapses

L&T Finance Holdings Ltd said on Friday it will wind up its West Asian wealth management unit after a planned ......

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Dutch investor FMO tops up bet on Indian SME lender

Finance

17 July, 2020

Dutch investor FMO tops up bet on Indian SME lender

FMO, the development finance institution of the Netherlands, is providing additional financing to an Indian fintech lender that...

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Former L Catterton Asia head gears up to float consumer fund

People

17 July, 2020

Former L Catterton Asia head gears up to float consumer fund

Eleven years ago, at the height of the global financial crisis, Ravi Thakran raised $650 million for the first fund ......

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Entrepreneur First fund hits final close, to back 4th cohort of Indian startups

Finance

17 July, 2020

Entrepreneur First fund hits final close, to back 4th cohort of Indian startups

Entrepreneur First, a London-based organisation that helps individuals build companies from scratch and entered India last year,...

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Wipro Ventures managing partners on investing during pandemic and more

Finance

17 July, 2020

Wipro Ventures managing partners on investing during pandemic and more

Wipro Ventures, the investment arm of IT services major Wipro Ltd, launched its second fund of $150 million earlier this ......

State Bank of India veteran to take over as SBI Card CEO

Finance

16 July, 2020

State Bank of India veteran to take over as SBI Card CEO

SBI Cards & Payments Services Ltd has appointed Ashwini Kumar Tewari as its managing director and chief executive officer,...

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Kotak Investment's $1 bn special situations fund seals second deal

Finance

16 July, 2020

Kotak Investment's $1 bn special situations fund seals second deal

An alternative assets fund of Kotak Investment Advisors Ltd, a wholly owned unit of Kotak Mahindra Bank, has struck its ......

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