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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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Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare

Finance

07 May, 2020

Stressed assets in bankruptcy tribunal face flurry of renegotiations amid corona scare

Coronavirus has set off a flurry of renegotiations for distressed assets falling under the Insolvency and Bankruptcy Code (IBC)...

Podcast: YourNest's Sunil Goyal on tackling Covid-19 and new fast-track funding plan

Finance

06 May, 2020

Podcast: YourNest's Sunil Goyal on tackling Covid-19 and new fast-track funding plan

Early-stage venture capital firm YourNest has doubled down on most of its portfolio companies in the face of the Covid-19 ......

LGT Group spins out alternative investing, private banking and impact arms

Finance

06 May, 2020

LGT Group spins out alternative investing, private banking and impact arms

Swiss investor LGT Group will split its private banking, alternatives and impact investment businesses into three separate and...

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GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1

Finance

06 May, 2020

GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1

Singapore sovereign wealth fund GIC Pte. Ltd shuffled several of its investments in India’s listed banking, financial services...

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How banks' credit growth slumped across sectors in the wake of coronavirus

Finance

06 May, 2020

How banks' credit growth slumped across sectors in the wake of coronavirus

In the last week of April, one month into the national lockdown, commercial banks parked more than Rs 7 trillion ......

India's services activity collapses as coronavirus cripples global demand

Economy

06 May, 2020

India's services activity collapses as coronavirus cripples global demand

India’s services activity suffered a shock collapse in April as the coronavirus lockdown crippled global demand, causing...

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Value Lens: Is the Axis Bank-Max Life Insurance deal deeply discounted?

Finance

06 May, 2020

Value Lens: Is the Axis Bank-Max Life Insurance deal deeply discounted?

Axis Bank’s deal to bump up its stake in Max Life Insurance Company Ltd has likely come cheap for India’s ......

Govt hikes taxes on petrol, diesel to boost revenue

Economy

06 May, 2020

Govt hikes taxes on petrol, diesel to boost revenue

India late on Tuesday increased its taxes and duties on petrol and diesel instead of passing on the benefit of ......

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Suryoday Small Finance Bank raises fresh private equity funding

Finance

05 May, 2020

Suryoday Small Finance Bank raises fresh private equity funding

Mumbai-based Suryoday Small Finance Bank Ltd has raised fresh funding from a bunch of investors, as it looks to get ......

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Lockdown surprise: Early-stage deals soar but fewer mature startups get VC cheques

Finance

05 May, 2020

Lockdown surprise: Early-stage deals soar but fewer mature startups get VC cheques

The number of Indian startups that received angel or seed-stage funding during the government-imposed lockdown to control the...

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