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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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Third Indian mutual fund house gets all-clear for public market debut

Finance

22 June, 2020

Third Indian mutual fund house gets all-clear for public market debut

India’s seventh-largest mutual fund house by assets under management (AUM), UTI Asset Management Co Ltd, has received regulatory...

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Finance

22 June, 2020

PE firm True North looks to diversify with new asset class

Mid-market private equity firm True North is keen to start a new investment vertical in what would be its first ......

Finance

22 June, 2020

PNB expects recoveries worth $1 bn in three months' time

State-owned Punjab National Bank (PNB) is expecting recoveries worth Rs 8,000 crore ($1.05 billion at current exchange rate) from...

Finance

22 June, 2020

GIC picks up stake in ICICI Prudential Life Insurance in new BFSI bet

ICICI Bank, India’s second-largest private-sector lender, on Monday divested a small chunk of its holding in its life insurance...

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Finance

22 June, 2020

In Charts: Check out the most valued MNCs in India

European multinationals continue to dominate the club of most valued international companies on the Indian stock markets with...

Finance

19 June, 2020

India's pursuit of global investors hits turbulence

India’s ambition to attract more foreign money into its financial markets is being buffeted again, having only just started...

Finance

19 June, 2020

Govt invites bids for preparing IPO of Life Insurance Corporation

The government has invited bids for two pre-IPO transaction advisors for India’s biggest insurer Life Insurance Corporation...

Finance

19 June, 2020

ICICI Bank trims stake in ICICI Lombard General Insurance

ICICI Bank has sold a 3.96% stake in ICICI Lombard General Insurance Company Ltd for Rs 2,250 crore ($295 million), ......

Finance

19 June, 2020

Fairfax-controlled CSB Bank appoints Pralay Mondal as retail banking head

Fairfax-controlled CSB Bank Ltd has announced that its board has appointed Pralay Mondal as the company’s president for...

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Finance

19 June, 2020

Fund Scan: How Inventus won over Indian LPs and why it shuns buzzy startups

When Inventus Capital Partners set out to raise its third venture capital fund in late 2016, it had planned to ......

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