Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
PNB reports $491 mn Dewan Housing loans as fraud
Punjab National Bank said on Thursday it had reported loans made to Dewan Housing Finance Corporation Ltd worth 36.89 billion...
Finance
SBI, Investec to form JV for institutional equities broking
State Bank of India, the nation’s biggest lender, is forming a joint venture with the local arm of South African ......
Finance
Indian firms get steepest cut in earnings forecasts in Asia
Analysts cut their forward 12-month earnings estimates for Asian companies for a fifth consecutive month in June, citing the economic...
Finance
SBI to invest $235 mn more in Yes Bank
State Bank of India’s executive committee has approved a further investment of up to Rs 1,760 crore (about $234.8 million)...
Finance
Clix Capital top exec quits ahead of proposed merger with Lakshmi Vilas Bank
A top executive at Clix Capital, controlled by private equity firm AION Capital, is set to leave the firm even ......
Finance
Virus fears damp M&As in Jan-June but cross-border sales, collapsed deals in focus
The number of mergers and acquisitions (M&As) involving India Inc. declined to the lowest level in at least eight years ......
Finance
CLSA expands access for Asia's rich to unicorn tech investments
Demand among Asia's rich for tech investments has led Hong Kong-based broker CLSA to offer private bank clients the first...
Finance
CDPQ to pare stake in financial services firm in second India exit deal
Caisse de depot et placement du Quebec (CDPQ), Canada’s second-biggest public pension fund, is set to make a partial exit...
Finance
Sequoia Capital raises record corpus for India, Southeast Asia investments
Sequoia Capital said it has received commitments worth $1.35 billion (about Rs 10,030 crore) from its limited partners (LPs) across...
Finance
PE volumes touch new low in January-June as coronavirus worsens sentiment
Private equity deal-making volumes in India fell sequentially further in the first half of 2020 to hit the lowest level ......
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