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Finance

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

Economy grows slowly in December quarter, with virus impact to come

Economy

28 February, 2020

Economy grows slowly in December quarter, with virus impact to come

India’s economy grew 4.7% in the December quarter from a year ago, slowing from the previous quarter, official data showed...

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Max Group's share swap deal with Japanese insurer back on the table

Finance

28 February, 2020

Max Group's share swap deal with Japanese insurer back on the table

Analjit Singh-led Max Group has revived a share swap deal with Japanese insurer Mitsui Sumitomo Insurance Company Ltd, less than...

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How bad loan buyer IARC performed in first year under new owner Blackstone

Finance

28 February, 2020

How bad loan buyer IARC performed in first year under new owner Blackstone

International Asset Reconstruction Co. Pvt. Ltd (IARC) resumed making bad-loan bets in its first year of operations under new...

IndusInd Bank picks insider as new CEO to take over from Sobti

Finance

28 February, 2020

IndusInd Bank picks insider as new CEO to take over from Sobti

Private-sector lender IndusInd Bank Ltd announced the appointment of Sumant Kathpalia as its managing director and chief executive...

Blackstone's Schwarzman says cannot buy Bloomberg while owning Refinitiv

Finance

28 February, 2020

Blackstone's Schwarzman says cannot buy Bloomberg while owning Refinitiv

Blackstone Group Inc Chief Executive Stephen Schwarzman said the world's biggest private equity firm cannot buy Bloomberg...

SEBI fines Gitanjali Gems for withholding information in $2 bn PNB bank fraud

Finance

28 February, 2020

SEBI fines Gitanjali Gems for withholding information in $2 bn PNB bank fraud

India's securities regulator on Thursday fined jewellery retailer Gitanjali Gems Ltd and its executives 50 million rupees...

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VC funding strong despite high valuations, weak exits: Panellists at VCCircle summit

Finance

27 February, 2020

VC funding strong despite high valuations, weak exits: Panellists at VCCircle summit

Venture capital firms continue to see robust activity in India even though valuations have hit the roof and the exit ......

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VCCircle LP summit: Here's what investors want fund managers to do

Finance

27 February, 2020

VCCircle LP summit: Here's what investors want fund managers to do

General Partners should engage more with their investors and diversify their product offerings if they want a deeper commitment,...

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Why Indian family offices prefer debt funds and co-investment opportunities

Finance

27 February, 2020

Why Indian family offices prefer debt funds and co-investment opportunities

Indian family offices feel more comfortable backing alternative debt funds, which offer greater visibility and access to their...

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Opportunities in secondaries, fund extensions to grow: Panellists at VCCircle LP summit

Finance

27 February, 2020

Opportunities in secondaries, fund extensions to grow: Panellists at VCCircle LP summit

The maturing market for secondaries transactions and extension of fund life by private equity as well as venture capital firms...

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