Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Centrum-backed steel firm ropes in foreign investor to buy out debt purchasers
A steel firm backed by Centrum Group’s microlender Altura and Anand Rathi Group’s NBFC arm has roped in a foreign...
Finance
Grapevine: Carlyle looks for another India MD as Vikram Nirula on way out
Private equity firm Carlyle is searching for a new managing director in India to replace Vikram Nirula, who will soon ......
Finance
Bombay High Court quashes govt's call for ban on Deloitte, KPMG affiliate
An Indian court on Tuesday quashed efforts by the federal government to impose a ban on auditors Deloitte Haskins & ......
Finance
HSBC cuts top investment bank jobs despite wider firing freeze
HSBC has cut a number of top management roles in its investment bank, memos seen by Reuters showed, a sign ......
Finance
Fund Scan: How Carlyle's focus on financials held it in good stead
It is not often that a private equity firm churns out nearly a billion dollars by exiting an investment in ......
Finance
Are fund managers in India adopting ESG targets?
Many investors in the US and Europe have started focusing on environmental, social and governance (ESG) factors. But most fund ......
Finance
This might be a record year as bankruptcies go through the roof: Dhruva Advisors partner
The number of bankruptcies this year could be at least four to five times that of last year owing to ......
Finance
Why new FDI rules have put PE fund managers in a quandary
The Indian government’s hardening of stance over foreign direct investment from China has thrown private equity fund managers...
Finance
At mercy of banks, cash-tight NBFCs face new turmoil
India’s banks are freezing credit lines to shadow lenders as the coronavirus crisis shuts down commerce in Asia’s...
Finance
Coronavirus takes toll on global M&A as $1 bn deals disappear
For the first time since September 2004, no merger and acquisition deal worth more than $1 billion was announced worldwide ......