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

IFC launches $4 bn medical supply financing platform for developing countries

Finance

30 July, 2020

IFC launches $4 bn medical supply financing platform for developing countries

The World Bank Group's private sector arm said on Wednesday it was launching a $4 billion financing platform aimed at ......

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In Charts: How the woes of India's banking sector and economy may worsen

Finance

29 July, 2020

In Charts: How the woes of India's banking sector and economy may worsen

Last week, the Reserve Bank of India unveiled the results of the latest “stress test” that it conducts periodically...

India's gloomy outlook darkens, recovery path in doubt: Poll

Economy

29 July, 2020

India's gloomy outlook darkens, recovery path in doubt: Poll

The outlook for India's reeling economy has worsened again as business activity slows and COVID-19 infections soar, and will...

Moody's India arm ICRA hires former L&T exec as CEO

Finance

29 July, 2020

Moody's India arm ICRA hires former L&T exec as CEO

Ratings firm ICRA Ltd, the local arm of global giant Moody’s, has appointed a former Larsen & Toubro Ltd executive ......

Tencent-backed neo-bank Niyo acquires mutual funds platform Goalwise

Finance

28 July, 2020

Tencent-backed neo-bank Niyo acquires mutual funds platform Goalwise

Niyo Solutions Inc., which operates neo-banking startup Niyo, has acquired mutual funds-focussed investment platform Goalwise. Niyo...

Podcast: Unicorn India founder on deals in offing and why it shuns ed-tech

Finance

28 July, 2020

Podcast: Unicorn India founder on deals in offing and why it shuns ed-tech

Unicorn India Ventures, which marked the first close of its second early-stage venture fund during the beginning of the coronavirus-induced...

KKR may merge troubled India NBFC with InCred, take minority stake

Finance

28 July, 2020

KKR may merge troubled India NBFC with InCred, take minority stake

Private equity giant KKR & Co. plans to merge its India non-bank lending arm with InCred Financial Services Ltd via ......

GIC flags lower returns from weak growth, cautious on markets

Finance

28 July, 2020

GIC flags lower returns from weak growth, cautious on markets

The long-term returns of Singapore sovereign wealth fund GIC have dropped within a whisker of a record low struck during ......

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Denmark's Maj Invest bets on second business correspondent firm in India

Finance

27 July, 2020

Denmark's Maj Invest bets on second business correspondent firm in India

Danish asset manager Maj Invest has doubled down on the banking business correspondent space in India, a person in the ......

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Mark Mobius-backed Equanimity marks final close of oversubscribed debut fund

Finance

27 July, 2020

Mark Mobius-backed Equanimity marks final close of oversubscribed debut fund

Mumbai-based venture capital firm Equanimity Investments has marked the final close of its debut fund with an oversubscription...

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