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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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JM Financial arm marks first close of debut stressed assets fund

Finance

04 June, 2020

JM Financial arm marks first close of debut stressed assets fund

The credit alternatives arm of the JM Financial Group has marked the first close of its debut distressed assets fund...

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In Charts: Bad loans spike most at these NBFCs, leaving them exposed to corona crisis

Finance

04 June, 2020

In Charts: Bad loans spike most at these NBFCs, leaving them exposed to corona crisis

Earlier this week, ratings agency Moody’s Investor Services said that the decision by India’s central bank to extend...

Lenders seek RBI nod to recast over $40 bn potential NPAs

Finance

04 June, 2020

Lenders seek RBI nod to recast over $40 bn potential NPAs

Lenders have sought permission from the Reserve Bank of India (RBI) to restructure loans worth Rs 3 trillion ($40 billion) ......

Info Edge debut VC fund eyes half of targeted corpus from external LPs

Finance

04 June, 2020

Info Edge debut VC fund eyes half of targeted corpus from external LPs

Info Edge (India) Ltd, which owns and operates portals such as job site Naukri.com, aims to raise half of the ......

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Annapurna Finance to raise funding as coronavirus roils MFIs

Finance

04 June, 2020

Annapurna Finance to raise funding as coronavirus roils MFIs

Microfinance institution Annapurna Finance Pvt. Ltd is in advanced discussions to raise equity funding from a few institutional...

Coronavirus, IBC suspension to drag down realisations for creditors: ICRA

Finance

03 June, 2020

Coronavirus, IBC suspension to drag down realisations for creditors: ICRA

The coronavirus pandemic and the suspension of new proceedings under the Insolvency and Bankruptcy Code (IBC) will likely drag...

Iron Pillar ropes in Nitya Capital as investor in holding company

Finance

03 June, 2020

Iron Pillar ropes in Nitya Capital as investor in holding company

Venture capital firm Iron Pillar, which provides growth capital to mid-stage technology companies in India, has struck a strategic...

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Kedaara Capital opts for bigger stake in health insurance bet

Finance

03 June, 2020

Kedaara Capital opts for bigger stake in health insurance bet

Homegrown private equity firm Kedaara Capital has made a bigger bet on a healthcare insurance company than what was earlier ......

India's services sector slump stretched into May: PMI

Economy

03 June, 2020

India's services sector slump stretched into May: PMI

India’s enormous services industry endured another month of devastating contraction in May as the coronavirus brought activity...

BlackRock focuses on India credit, oil and travel in Asia

Finance

03 June, 2020

BlackRock focuses on India credit, oil and travel in Asia

The world's biggest asset manager, BlackRock Inc, called out oil stocks, domestic tourism and debt in China and India as ......

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