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Finance

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

SBI board okays $975 mn investment in moratorium-hit Yes Bank

Finance

12 March, 2020

SBI board okays $975 mn investment in moratorium-hit Yes Bank

State Bank of India’s board has approved an investment of Rs 7,250 crore ($975 million) in cash-starved private sector lender...

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How are PE firms managing risk in light of frequent black swan events?

Finance

12 March, 2020

How are PE firms managing risk in light of frequent black swan events?

Blackstone chairman Stephen Schwarzman has often explained how the private equity firm’s failed 1986 investment in Edgcomb...

India faces revenue fall as coronavirus bites economy

Economy

12 March, 2020

India faces revenue fall as coronavirus bites economy

India faces a sharp decline in government revenues and economic growth for at least two quarters as the coronavirus hits ......

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IAN angels to double their money by exiting embedded software tool startup

Finance

12 March, 2020

IAN angels to double their money by exiting embedded software tool startup

The Indian Angel Network’s individual investors who had backed an embedded software tool developer almost nine years ago...

Deal with Yes Bank's bondholders 'in process', says administrator

Finance

11 March, 2020

Deal with Yes Bank's bondholders 'in process', says administrator

The administrator of India’s Yes Bank told Reuters a deal was being discussed with some bondholders who have opposed a ......

Clean energy lender cKers Finance raises funding from New Energy Nexus

Finance

11 March, 2020

Clean energy lender cKers Finance raises funding from New Energy Nexus

New Delhi-based cKers Finance Pvt. Ltd, a specialised sustainable energy finance company, has raised $5 million (about Rs 36.85...

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India, Africa-focused impact fund gets LP money from UK-based investor

Finance

11 March, 2020

India, Africa-focused impact fund gets LP money from UK-based investor

A Swiss impact investment fund that has backed a handful of Indian companies, including an eye-care chain and a clean-energy ......

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Most VCs to focus on existing portfolio firms, see valuation froth: VCCircle Survey

Finance

11 March, 2020

Most VCs to focus on existing portfolio firms, see valuation froth: VCCircle Survey

The mood of venture capital firms appears to have changed when it comes to adding new startups to their portfolio ......

Goldman Sachs is ‘very open' to acquisitions, says CFO

Finance

11 March, 2020

Goldman Sachs is ‘very open' to acquisitions, says CFO

Goldman Sachs Group Inc Chief Financial Officer Stephen Scherr said on Tuesday the bank is "very open" to acquisitions,...

KKR shuts London offices after employee tests positive for coronavirus

Finance

11 March, 2020

KKR shuts London offices after employee tests positive for coronavirus

Private equity firm KKR & Co Inc said late on Monday an employee in its London office had tested positive ......

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