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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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CPPIB's India investment pace eases again but still outshines other regions

Finance

28 May, 2020

CPPIB's India investment pace eases again but still outshines other regions

Canada Pension Plan Investment Board’s pace of investment in India slowed for the financial year that ended in March 2020...

Suryoday Small Finance Bank raises funding from Gaja Capital, others

Finance

28 May, 2020

Suryoday Small Finance Bank raises funding from Gaja Capital, others

Suryoday Small Finance Bank Ltd has raised Rs 62.14 crore (approximately $8.2 million at current exchange rates) in funding from...

JP Morgan hires former UTI Mutual Fund CEO Leo Puri as South Asia head

Finance

28 May, 2020

JP Morgan hires former UTI Mutual Fund CEO Leo Puri as South Asia head

Leo Puri, a former CEO of UTI Mutual Fund, is set to take over as the chairman of JP Morgan’s ......

Govt may need to pump $20 bn into coronavirus-hit state banks

Finance

28 May, 2020

Govt may need to pump $20 bn into coronavirus-hit state banks

India may need to inject up to 1.5 trillion rupees ($19.81 billion) into its state-owned lenders as their pile of ......

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As companies hit the rocks and sink, lenders scour the wreck and get zilch

Finance

27 May, 2020

As companies hit the rocks and sink, lenders scour the wreck and get zilch

The liquidation process under the bankruptcy law has eroded almost 99% of the value of claims made for the 69 ......

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Fund Scan: Inside Gaja Capital's playbook and why it may need tweaking

Finance

27 May, 2020

Fund Scan: Inside Gaja Capital's playbook and why it may need tweaking

In November last year, private equity firm Gaja Capital invited Pullela Gopichand, India’s national badminton coach, to...

CPPIB annual net assets rise even as virus erodes returns

Finance

26 May, 2020

CPPIB annual net assets rise even as virus erodes returns

The Canada Pension Plan Investment Board (CPPIB) reported a 4.5% increase in net assets at the end of fiscal 2020 ......

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Stellaris hits the road to raise new VC fund, aims at bigger corpus

Finance

26 May, 2020

Stellaris hits the road to raise new VC fund, aims at bigger corpus

Stellaris Venture Partners has hit the road to raise a new fund with an aim to raise more capital than ......

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Fino Payments Bank CEO on why the sector is seen as crisis-proof in the pandemic

Finance

26 May, 2020

Fino Payments Bank CEO on why the sector is seen as crisis-proof in the pandemic

Fino Payments Bank Ltd has turned profitable at the operating level for 2019-20, within three years of starting operations.  Its growth ......

Jan-March GDP growth likely to be weakest since 2012: Poll

Economy

26 May, 2020

Jan-March GDP growth likely to be weakest since 2012: Poll

India’s economy is likely to have expanded at its slowest pace in at least eight years in the January-March quarter, ......

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