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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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SAIF Partners adds another managing director to the top team

Finance

12 August, 2020

SAIF Partners adds another managing director to the top team

Venture capital and growth-equity investment firm SAIF Partners, which has invested in more than 50 companies such as Paytm, Swiggy...

NoBroker, Moglix backer Rocketship.vc raises $100 mn for second fund

Finance

12 August, 2020

NoBroker, Moglix backer Rocketship.vc raises $100 mn for second fund

Silicon Valley-based early-stage venture capital firm Rocketship.vc, which has invested in Indian startups such as NoBroker and...

Tax authorities raid Chinese entities for money laundering

Finance

12 August, 2020

Tax authorities raid Chinese entities for money laundering

Indian tax authorities raided the premises of a few Chinese entities and their associates for money laundering, according to an...

RBI's debt revamp proposal to prolong banks' asset quality uncertainty: Fitch

Finance

11 August, 2020

RBI's debt revamp proposal to prolong banks' asset quality uncertainty: Fitch

A one-time debt restructuring allowed by the Reserve Bank of India (RBI) to help lenders and borrowers amid the COVID-19 ......

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Ares SSG hits fundraising milestone for third lending vehicle, weighs new strategies

Finance

11 August, 2020

Ares SSG hits fundraising milestone for third lending vehicle, weighs new strategies

Alternative asset manager Ares SSG, previously known as SSG Capital, has closed its third secured lending fund focused on Asia...

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Investment advisory firm Stelios floats maiden public markets fund

Finance

11 August, 2020

Investment advisory firm Stelios floats maiden public markets fund

Mumbai-based investment advisory firm Stelios Asset Management Pvt. Ltd has floated an alternative investment fund (AIF) that...

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Bank of Baroda aims to recover $1.7 bn of bad loans in FY21, about half via bankruptcy

Finance

11 August, 2020

Bank of Baroda aims to recover $1.7 bn of bad loans in FY21, about half via bankruptcy

Bank of Baroda aims to recover not less than Rs 13,000 crore ($1.74 billion) worth of non-performing assets (NPAs) for ......

Endiya Partners gets more LP commitment from IFC for new fund

Finance

11 August, 2020

Endiya Partners gets more LP commitment from IFC for new fund

Endiya Partners said it has received a commitment of $10 million (around Rs 75 crore) from International Finance Corporation (IFC)...

SoftBank drops operating profit measure, notes $2.8 bn Vision Fund gain

Finance

11 August, 2020

SoftBank drops operating profit measure, notes $2.8 bn Vision Fund gain

SoftBank Group Corp broke with tradition on Tuesday and did not disclose operating profit in its quarterly results, saying the...

Podcast: Sanjay Swamy on why Prime Venture may strike more deals than before

Finance

11 August, 2020

Podcast: Sanjay Swamy on why Prime Venture may strike more deals than before

Early-stage venture capital firm Prime Venture Partners, which was founded in 2011, has raised three funds so far and backed ......

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