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

IFC to make debt investment in poultry firm Suguna

Consumer

05 March, 2020

IFC to make debt investment in poultry firm Suguna

International Finance Corporation (IFC) plans to offer up to $54 million (around Rs 397 crore) in debt to poultry company ......

Govt pushes state banks to boost lending as coronavirus fears grow

Finance

05 March, 2020

Govt pushes state banks to boost lending as coronavirus fears grow

India is pushing state-run banks to approve new loans amounting to 500-600 billion rupees ($6.8-8.2 billion) by the end of ......

Insolvency court orders to liquidate fugitive Nirav Modi's scam-hit firm

Finance

04 March, 2020

Insolvency court orders to liquidate fugitive Nirav Modi's scam-hit firm

Fugitive diamantaire Nirav Modi's firm Firestar Diamond International Pvt. Ltd is set to be liquidated after the Mumbai bench...

Blackstone's Schwarzman on India optimism, coronavirus impact and Fed's rate cut

Finance

04 March, 2020

Blackstone's Schwarzman on India optimism, coronavirus impact and Fed's rate cut

Blackstone Group Inc. is positive about India’s long-term growth story despite the recent economic slowdown and the ongoing...

PE-backed SBI Cards' IPO subscribed 15.5 times on third day

Finance

04 March, 2020

PE-backed SBI Cards' IPO subscribed 15.5 times on third day

SBI Cards & Payment Services Ltd’s initial public offering received full subscription on the third day on Wednesday,...

Cred, Rebel Foods backer RTP Global floats third venture capital fund

Finance

04 March, 2020

Cred, Rebel Foods backer RTP Global floats third venture capital fund

Russian venture capital firm RTP Global, which has invested in Indian startups such as Cred and Rebel Foods, said it ......

Norway wealth fund to push firms for more non-financial data

Finance

04 March, 2020

Norway wealth fund to push firms for more non-financial data

Norway's wealth fund will this year push the 9,200 firms it invests in to provide more and better data about ......

India services growth at seven-year high in February on strong export demand

Finance

04 March, 2020

India services growth at seven-year high in February on strong export demand

Growth in India’s dominant service sector accelerated at a pace not seen in over seven years last month, boosted by ......

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Why Temasek may miss out on India tax sops but GIC can reap a harvest

Finance

04 March, 2020

Why Temasek may miss out on India tax sops but GIC can reap a harvest

In the union budget this year, finance minister Nirmala Sitharaman laid out the red carpet for a section of foreign ......

Quadria Capital hits final close of second healthcare fund, overshoots target

Finance

04 March, 2020

Quadria Capital hits final close of second healthcare fund, overshoots target

Singapore-based private equity firm Quadria Capital has closed its second fund at its maximum fund size of $595 million, it ......

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