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Finance

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

UBS names ING boss Ralph Hamers as new chief executive

Finance

20 February, 2020

UBS names ING boss Ralph Hamers as new chief executive

UBS Group has named ING boss Ralph Hamers as successor to Chief Executive Sergio Ermotti, becoming the second major Swiss ......

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Bankruptcy boom: India added three insolvency professionals and four valuers a day

Finance

20 February, 2020

Bankruptcy boom: India added three insolvency professionals and four valuers a day

India’s three-year-old bankruptcy law has not only opened a fast-track path for creditors to recover their debts from defaulters...

Carlyle-backed SBI Cards' IPO to open on March 2

Finance

20 February, 2020

Carlyle-backed SBI Cards' IPO to open on March 2

The $1.25 billion initial public offering of SBI Cards and Payment Services, the credit card arm of State Bank of ......

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Olympus Capital Asia Credit raising India-focused fund

Finance

20 February, 2020

Olympus Capital Asia Credit raising India-focused fund

Singapore-based Olympus Capital Asia Credit, which provides structured lending solutions to mid-sized corporations in the Asia-Pacific,...

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Intercontinental Exchange exits sole India investment with a haircut

Finance

19 February, 2020

Intercontinental Exchange exits sole India investment with a haircut

Intercontinental Exchange Inc. (ICE), the world's second-largest exchange group by market value, has exited its sole India...

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These three sectors account for nearly three-fourths of bankruptcy cases

Finance

19 February, 2020

These three sectors account for nearly three-fourths of bankruptcy cases

Ever since India implemented a new bankruptcy law in 2016, creditors have been quick to drag defaulters to various courts ......

Blume Ventures marks final close of new fund, overshoots target

Finance

19 February, 2020

Blume Ventures marks final close of new fund, overshoots target

Blume Ventures said on Wednesday it has marked the final close of its third fund at $102 million (Rs 715 ......

SoftBank spends $2.5 bn to get second Vision Fund off the ground

Finance

19 February, 2020

SoftBank spends $2.5 bn to get second Vision Fund off the ground

SoftBank Group Corp has pumped $2.5 billion of its own cash into new investments since October, people familiar with the ......

HSBC to shed $100 bn in assets, slash 35,000 jobs over three years

Finance

18 February, 2020

HSBC to shed $100 bn in assets, slash 35,000 jobs over three years

HSBC Holdings said on Tuesday it would shed $100 billion in assets, slashing the size of its investment bank and ......

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Apis, ChrysCap co-investing in a private lender

Finance

17 February, 2020

Apis, ChrysCap co-investing in a private lender

London-based mid-market private equity firm Apis Partners, which is focused on financial services and technology segments, is...

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