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Finance

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

Citrus Pay co-founder set to join Pine Labs as CEO

Finance

03 March, 2020

Citrus Pay co-founder set to join Pine Labs as CEO

Payments solutions provider Pine Labs Pvt. Ltd said on Tuesday it has appointed Citrus Pay co-founder Amrish Rau as its ......

PE-backed SBI Cards' IPO races towards full subscription on second day

Finance

03 March, 2020

PE-backed SBI Cards' IPO races towards full subscription on second day

SBI Cards & Payment Services Ltd’s initial public offering advanced towards full subscription on the second day on Tuesday...

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Indian startups raking it in from money parked in mutual funds; ‘other income' up 31%

Finance

03 March, 2020

Indian startups raking it in from money parked in mutual funds; ‘other income' up 31%

Indian technology startups generated a neat treasury income, or income from investment of surplus cash pumped in by investors,...

Bankruptcy tribunal okays state-owned NBCC's bid for Jaypee Infratech

Finance

03 March, 2020

Bankruptcy tribunal okays state-owned NBCC's bid for Jaypee Infratech

The National Company Law Tribunal on Tuesday approved the proposal of state-owned construction firm NBCC (India) Ltd to acquire...

CVC Capital seeks up to $22 bn for new buyout fund

Finance

03 March, 2020

CVC Capital seeks up to $22 bn for new buyout fund

CVC Capital Partners Ltd is looking to raise up to 20 billion euros ($22 billion) for its latest flagship buyout ......

Swiss asset manager responsAbility backs Ess Kay Fincorp via debt financing

Finance

03 March, 2020

Swiss asset manager responsAbility backs Ess Kay Fincorp via debt financing

Ess Kay Fincorp Ltd, a non-banking financial company that focusses on the commercial vehicle and small business segments, has...

HSA Advocates ropes in partner from Khaitan Legal Associates for BFSI practice

Finance

03 March, 2020

HSA Advocates ropes in partner from Khaitan Legal Associates for BFSI practice

Full-service law firm HSA Advocates has appointed Sharmil Bhushan as a new partner for its banking, financial services, and insurance...

Jack Welch, who led GE's rapid expansion, dies at 84

Finance

03 March, 2020

Jack Welch, who led GE's rapid expansion, dies at 84

Jack Welch, who upended the business world in the 1980s and 1990s by transforming General Electric Co from a stolid ......

India retail banking a ‘nice oasis' for HSBC, other foreign lenders

Finance

03 March, 2020

India retail banking a ‘nice oasis' for HSBC, other foreign lenders

Outsized returns in India, besting local lenders for the first time in a decade, are emboldening banks such as Citigroup, ......

SoftBank's Masayoshi Son vows to be more careful after WeWork, other bets sour

Finance

03 March, 2020

SoftBank's Masayoshi Son vows to be more careful after WeWork, other bets sour

SoftBank Group Corp Chief Executive Masayoshi Son, under pressure from hedge fund Elliott Management to rein in his mercurial...

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