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

After Yes Bank debacle, RBI seeks to limit term for promoter CEOs of banks

Finance

12 June, 2020

After Yes Bank debacle, RBI seeks to limit term for promoter CEOs of banks

India’s central bank proposed on Thursday stricter governance rules for commercial banks, following a series of financial...

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Did Dharmesh Mehta drive a smart bargain for IDFC Securities?

Finance

11 June, 2020

Did Dharmesh Mehta drive a smart bargain for IDFC Securities?

Dharmesh Mehta, who resigned as the chief executive of investment banking firm Axis Capital in late 2018, has acquired the ......

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WestBridge back on the road to raise fresh money from LPs

Finance

11 June, 2020

WestBridge back on the road to raise fresh money from LPs

Three years after topping up its evergreen India-focused private equity fund, WestBridge Capital is back in the market courting...

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Check out the new VC firms betting on Indian startups in 2020

Finance

11 June, 2020

Check out the new VC firms betting on Indian startups in 2020

An early-stage venture capital firm floated by the founder of Rocket Internet, a couple of Middle East investors and a ......

Jio backer Mubadala says well placed to handle virus challenge as income soars

Finance

11 June, 2020

Jio backer Mubadala says well placed to handle virus challenge as income soars

Abu Dhabi state fund Mubadala said on Thursday its strong liquidity position and a diverse portfolio will help the fund ......

Indian PSUs eyed by British $1.5 tn asset manager in emerging market debt rally

Finance

11 June, 2020

Indian PSUs eyed by British $1.5 tn asset manager in emerging market debt rally

Emerging market debt playing catch up with U.S. high-yield provides some investment opportunities, analysts at Legal & General...

ICICI Venture, Apollo Global to end joint venture AION Capital

Finance

10 June, 2020

ICICI Venture, Apollo Global to end joint venture AION Capital

Homegrown private equity firm ICICI Venture and US-based Apollo Global Management Inc. are ending their nine-year-old joint venture...

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Kotak alternative investment arm's AUM moves up to $2 bn

Finance

10 June, 2020

Kotak alternative investment arm's AUM moves up to $2 bn

Kotak Investment Advisors Ltd, the alternatives investment arm of Kotak Mahindra Bank Ltd, has recorded an increase in its total ......

S&P affirms India's long-term sovereign credit rating, outlook

Finance

10 June, 2020

S&P affirms India's long-term sovereign credit rating, outlook

Standard and Poor's affirmed its rating on India's long-term foreign and local currency sovereign credit at the lowest...

OECD sees deepest peace-time slump in a century

Economy

10 June, 2020

OECD sees deepest peace-time slump in a century

The global economy will suffer the biggest peace-time downturn in a century before it emerges next year from a coronavirus-inflicted...

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