Finance

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

Why corporate dealmakers are fighting over coronavirus references

Finance

02 March, 2020

Why corporate dealmakers are fighting over coronavirus references

Many companies negotiating mergers and acquisitions (M&A) contracts are haggling over whether the global coronavirus outbreak...

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Finance

29 February, 2020

Carlyle-backed SBI Cards gets more PE, sovereign funds as investors ahead of IPO

SBI Cards & Payment Services Ltd, which counts US private equity major Carlyle Group as its backer, has raised Rs ......

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Finance

28 February, 2020

Affordable housing financier Sitara brings American investor on board

SEWA Grih Rin Ltd, which offers loans for affordable housing units under the brand name Sitara, has pocketed a big ......

Economy

28 February, 2020

Economy grows slowly in December quarter, with virus impact to come

India’s economy grew 4.7% in the December quarter from a year ago, slowing from the previous quarter, official data showed...

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Finance

28 February, 2020

Max Group's share swap deal with Japanese insurer back on the table

Analjit Singh-led Max Group has revived a share swap deal with Japanese insurer Mitsui Sumitomo Insurance Company Ltd, less than...

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Finance

28 February, 2020

How bad loan buyer IARC performed in first year under new owner Blackstone

International Asset Reconstruction Co. Pvt. Ltd (IARC) resumed making bad-loan bets in its first year of operations under new...

Finance

28 February, 2020

IndusInd Bank picks insider as new CEO to take over from Sobti

Private-sector lender IndusInd Bank Ltd announced the appointment of Sumant Kathpalia as its managing director and chief executive...

Finance

28 February, 2020

Blackstone's Schwarzman says cannot buy Bloomberg while owning Refinitiv

Blackstone Group Inc Chief Executive Stephen Schwarzman said the world's biggest private equity firm cannot buy Bloomberg...

Finance

28 February, 2020

SEBI fines Gitanjali Gems for withholding information in $2 bn PNB bank fraud

India's securities regulator on Thursday fined jewellery retailer Gitanjali Gems Ltd and its executives 50 million rupees...

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Finance

27 February, 2020

VC funding strong despite high valuations, weak exits: Panellists at VCCircle summit

Venture capital firms continue to see robust activity in India even though valuations have hit the roof and the exit ......

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