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Finance

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

Gurugram B-school creating a student-managed micro fund to back five asset classes

Finance

28 April, 2020

Gurugram B-school creating a student-managed micro fund to back five asset classes

Masters’ Union School of Business, a technology-focussed business school set up earlier this year, has announced the launch...

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ChrysCap goes long on another private-sector lender with around $30 mn bet

Finance

28 April, 2020

ChrysCap goes long on another private-sector lender with around $30 mn bet

India-focused private equity firm ChrysCapital has bought a small stake in a mid-sized private sector bank, adding to its exposure...

Axis Bank reports surprise $183 mn loss on COVID-19 provisions

Finance

28 April, 2020

Axis Bank reports surprise $183 mn loss on COVID-19 provisions

Axis Bank Ltd, India’s third biggest private-sector lender, on Tuesday reported a surprise 13.88 billion rupee ($182.96...

Fitch warns India against further deterioration in fiscal outlook

Economy

28 April, 2020

Fitch warns India against further deterioration in fiscal outlook

India’s sovereign rating could come under pressure if its fiscal outlook deteriorates further as the government tries to...

Axis Bank inks deal to own 30% of Max Life Insurance

Finance

28 April, 2020

Axis Bank inks deal to own 30% of Max Life Insurance

Axis Bank has inked a deal to acquire a 30% stake in Max Life Insurance Company Ltd, as India’s third-largest ......

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Fund Scan: How Norwest scored $1 bn in India exits as it readies new game plan

Finance

28 April, 2020

Fund Scan: How Norwest scored $1 bn in India exits as it readies new game plan

Last year, Norwest Venture Partners sealed a rare deal in India’s venture capital industry. The six-decade-old venture and...

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As coronavirus gears up to flog dividends, a look at the stock goodies dangled in the past

Finance

27 April, 2020

As coronavirus gears up to flog dividends, a look at the stock goodies dangled in the past

In the wake of the coronavirus pandemic, India has been in a nation-wide lockdown for more than a month now, ......

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How a KKR-advised debt mutual fund built exposure to KKR-backed firms and tanked

Finance

27 April, 2020

How a KKR-advised debt mutual fund built exposure to KKR-backed firms and tanked

Private equity firm KKR is in the crosshairs again after it emerged that a debt mutual fund scheme that lost ......

Sequoia's Surge accelerator enlists seven Indian startups for third batch

Finance

27 April, 2020

Sequoia's Surge accelerator enlists seven Indian startups for third batch

Venture capital and growth-stage investor Sequoia’s accelerator programme Surge, which was launched last year to sharpen...

Meeting FY21 fiscal deficit target ‘very challenging': RBI governor

Finance

27 April, 2020

Meeting FY21 fiscal deficit target ‘very challenging': RBI governor

Meeting India’s fiscal deficit target in the current financial year is going to be challenging and the central bank has...

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