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Finance

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

Budget 2020: Govt to sell stake in LIC, doubles disinvestment target

Finance

01 February, 2020

Budget 2020: Govt to sell stake in LIC, doubles disinvestment target

The government has doubled its disinvestment target for the next fiscal year to Rs 2.1 trillion (about $29.36 billion) to ......

Budget 2020: Tax tweaks but little else as govt wishes for a revival

Economy

01 February, 2020

Budget 2020: Tax tweaks but little else as govt wishes for a revival

Finance minister Nirmala Sitharaman proposed a giant water scheme and boost spending in the agriculture sector as she unveiled...

Budget 2020 Blog: Finance minister Sitharaman unwraps 'bahi khata'

Finance

01 February, 2020

Budget 2020 Blog: Finance minister Sitharaman unwraps 'bahi khata'

Finance minister Nirmala Sitharaman has her task cut out as she gets ready to deliver her second full budget today, ......

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Mid-market PE firm in talks to invest in commercial vehicle financier IKF

Finance

31 January, 2020

Mid-market PE firm in talks to invest in commercial vehicle financier IKF

IKF Finance Ltd, a commercial vehicle finance firm backed by Motilal Oswal Private Equity, has signed a non-binding agreement...

Economic Survey takes a cue from Temasek to push disinvestment

Economy

31 January, 2020

Economic Survey takes a cue from Temasek to push disinvestment

The Indian government should weigh the possibility of creating a corporate entity akin to Singapore state investment firm Temasek...

Blackstone quarterly profit rises on asset sales, fee revenue

Finance

31 January, 2020

Blackstone quarterly profit rises on asset sales, fee revenue

Blackstone Group Inc, the world's largest alternative asset manager, said on Thursday fourth-quarter distributable earnings...

Bizongo investor Schroder Adveq raises nearly half of new Asia fund

Finance

30 January, 2020

Bizongo investor Schroder Adveq raises nearly half of new Asia fund

Swiss hedge fund Schroder Adveq has raised nearly half of the amount it seeks to raise for its new Asia ......

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Mid-market PE firm looks to bet on Vikram Akula-backed microlender Vaya

Finance

30 January, 2020

Mid-market PE firm looks to bet on Vikram Akula-backed microlender Vaya

Hyderabad-based Vaya Finserv Pvt. Ltd, a microlender backed by social entrepreneur and SKS Microfinance founder Vikram Akula,...

Kotak Mahindra Bank reaches deal with RBI on cutting promoter stake

Finance

30 January, 2020

Kotak Mahindra Bank reaches deal with RBI on cutting promoter stake

Kotak Mahindra Bank Ltd and the Reserve Bank of India have reached an agreement on reducing billionaire Uday Kotak’s stake...

Policybazaar, Cred backer Ribbit Capital targets $420 mn for new fund

Finance

30 January, 2020

Policybazaar, Cred backer Ribbit Capital targets $420 mn for new fund

US-based fintech-focussed investor Ribbit Capital, which counts Indian unicorn Policybazaar among its portfolio companies, has...

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