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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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This lender is now Blackstone's No.2 India bet after raising fresh capital

Finance

25 June, 2020

This lender is now Blackstone's No.2 India bet after raising fresh capital

Blackstone Group has injected an additional amount into a financial services company that it had acquired last year, making it...

SoftBank is not ‘SoftPunku', says CEO Masayoshi Son in defence of strategy

Finance

25 June, 2020

SoftBank is not ‘SoftPunku', says CEO Masayoshi Son in defence of strategy

SoftBank Group Corp Chief Executive Masayoshi Son mounted a defence of his investing decisions on Thursday, saying the value of...

IMF predicts deeper global recession due to coronavirus pandemic

Economy

25 June, 2020

IMF predicts deeper global recession due to coronavirus pandemic

The coronavirus pandemic has caused wider and deeper damage to economic activity than first thought, the International Monetary...

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How Wipro is leading the VC race with Infosys despite slow start

Finance

24 June, 2020

How Wipro is leading the VC race with Infosys despite slow start

The venture funds of IT firms Infosys and Wipro kicked off investments in 2015, the former making more noise by ......

Hedge fund titan Ackman seeks $3 bn for largest-ever blank-check company

Finance

24 June, 2020

Hedge fund titan Ackman seeks $3 bn for largest-ever blank-check company

Billionaire investor William Ackman said on Monday he was looking to raise $3 billion and commit at least $1 billion ......

Abraaj founder fights US extradition request over fraud charges

Finance

24 June, 2020

Abraaj founder fights US extradition request over fraud charges

Lawyers for the founder of collapsed private equity firm Abraaj Group are urging a British court to refuse his extradition ......

Why a surge in money supply in India shows greater uncertainty, not growth

Economy

23 June, 2020

Why a surge in money supply in India shows greater uncertainty, not growth

Heightened uncertainty in India caused by the coronavirus pandemic has led to a surge in currency in circulation as people ......

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How was Singapore firm Mission Holdings' exit from Everstone-backed NBFC?

Finance

23 June, 2020

How was Singapore firm Mission Holdings' exit from Everstone-backed NBFC?

Singapore-based investor Mission Holdings has exited a listed non-banking financial company (NBFC) backed by private equity firm...

Podcast: Artha Venture's Damani on fund update, over-optimistic startups and more

Finance

23 June, 2020

Podcast: Artha Venture's Damani on fund update, over-optimistic startups and more

Early-stage venture capital firm Artha Venture Fund is facing a delay in hitting the final close of its debut fund ......

Abu Dhabi's Mubadala plans to grow Asia portfolio after backing Jio Platforms

Finance

22 June, 2020

Abu Dhabi's Mubadala plans to grow Asia portfolio after backing Jio Platforms

Abu Dhabi state investor Mubadala Investment Co is under-invested in Asia and plans to expand its portfolio in the region, ......

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