Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
India's $28-bn microfinance sector braces for turmoil as third crisis hits in a decade
Gagan Kumar, who runs a small hair salon in Mumbai’s Borivali suburb, is a worried man these days. Kumar had ......
Finance
Gaja Capital, former HDFC Bank honcho back Sachin Bansal; value Navi Tech at $558 mn
Navi Technologies Pvt. Ltd, the financial services company set up by Flipkart co-founder Sachin Bansal, has raised funding from...
Finance
Motilal Oswal Financial loses investment banking head, picks insider as successor
A top investment banking executive at Motilal Oswal Financial Services Ltd has left the Mumbai-based company, two people privy...
Finance
Faering Capital exits digital payments firm with benchmark returns
Mid-market private equity firm Faering Capital has fully exited a digital payments firm through a buyout deal. Mumbai-based...
Finance
Fading Vision Fund to tip SoftBank into first loss in 15 years
SoftBank expects its $100 billion Vision Fund to book a loss of 1.8 trillion yen due to the worsening performance ......
Economy
Retail inflation drops in March as coronavirus hits demand
India’s retail inflation dropped to a four-month low in March, increasing the chances that the RBI will ease interest rates...
Finance
Investcorp-backed NCDEX gets SEBI nod to float IPO
National Commodity & Derivatives Exchange Ltd (NCDEX), India’s largest agricultural commodity derivatives exchange,...
Finance
Fund Scan: Can Kedaara Capital stay the course as coronavirus shakes portfolio firms?
Last month, private equity firm Kedaara Capital added a non-bank lender to its portfolio. At any other time the investment ......
Finance
China's central bank raises stake in HDFC
The People’s Bank of China increased its stake in Housing Development Finance Corp Ltd to 1.01% from 0.8%, the Indian ......
Finance
India's GDP growth may slump to 1.5% in FY21, warns World Bank
India and other South Asian countries are likely to record their worst growth performance in four decades this year due ......