Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Ashok Leyland scales back stake ownership plan for NBFC arm
Hinduja Group flagship Ashok Leyland Ltd will acquire a lower amount of stake in Hinduja Leyland Finance Ltd than originally ......
Finance
InCred founder on scaling up fee-based businesses, picking PIPE over private market
Mumbai-based InCred Group, founded in 2016 by former Deutsche Bank executive Bhupinder Singh, will ramp up its fee-based businesses alongside ......
Finance
RBI nixes Religare's plan to sell NBFC unit to TCG Advisory
The Reserve Bank of India has rejected Religare Enterprises Ltd’s plan to sell its non-banking finance arm to asset management...
Finance
SoftBank to sell up to $41 bn assets to fund share buyback, cut debt
SoftBank Group Corp said on Monday it would sell up to 4.5 trillion yen ($41 billion) in assets to fund ......
Finance
SEBI tightens regulations to limit virus-led market volatility
India's market regulator on Friday halved position limits for certain stock futures, restricted short-selling of index derivatives...
Finance
IL&FS PE chief executive Krishna Kumar resigns
IL&FS Investment Managers Ltd, the sole private equity firm to be listed on stock exchanges in India, said on Friday ......
Finance
Veritas Finance raises Series E funding from Kedaara Capital, others
Veritas Finance Pvt. Ltd has raised Rs 350 crore ($46 million at current exchange rates) in its Series E round ......
Economy
Global economy already in recession on coronavirus crisis: Poll
The global economy is already in a recession as the hit to economic activity from the coronavirus pandemic has become ......
Finance
Non-bank lender BlackSoil gets debt funding from family offices, HNIs
Mumbai-based non-banking financial company BlackSoil Capital Pvt. Ltd has raised debt capital by issuing non-convertible debentures...
Finance
NBFCs must adapt, make loans to sell and not hold: U Gro's Shachindra Nath
Shachindra Nath, a financial services veteran, started providing loans to small businesses last year under non-banking financial firm U Gro ......