Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Economy
Indian economy shrinks record 23.9% in April-June quarter
Indian economy contracted at its steepest pace on record of 23.9% year-on-year in the June quarter, official data showed, as ......
Economy
India's fiscal deficit crosses full-year budget target in four months
India's federal fiscal deficit in the four months to end July stood at 8.21 trillion rupees ($111.7 billion), or 103.1% ......
Finance
Angel network SucSEED in talks with foreign LPs as debut fund gets regulatory nod
Angel network SucSEED Venture Partners has received a regulatory approval for its debut fund as it seeks to make more ......
Finance
Groww, BharatPe backer Ribbit Capital bets on stock broking firm
Ribbit Capital, the fintech-focussed investor that counts payments startup BharatPe and online investment platform Groww among...
Finance
ICICI Bank pares stake in stock broking unit ICICI Securities
ICICI Bank, India’s second-largest private-sector bank, said Friday it has pared its stake in its broking and investment...
Finance
Why RBI nixing UV ARC's plan to buy Aircel is bad news for all stressed assets
The resolution of distressed assets under the Insolvency and Bankruptcy Code (IBC) has hit a big stumbling block with the ......
Finance
Ed-tech sector has a huge valuation mismatch: Equanimity's Sehgal
Mumbai-based venture capital firm Equanimity Investments made the final close of its debut fund with an oversubscription last month. The ......
Economy
India's recession-hit economy unlikely to recover before 2021
India’s deepest recession on record will linger through the rest of this year and begin to lift only in early ......
Finance
PAG to buy 51% stake in Edelweiss Wealth Management for $300 mn
Hong Kong private equity firm PAG has struck its second India related transaction as it inks an agreement to pick ......
Finance
Shriram Transport parent nominates PE exec ousted from board
Shriram Transport Finance Corporation (STFC) and its promoters have nominated for re-induction as a director an executive of private...
