Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Economy
Retail inflation quickens in January; industrial output shrinks in December
India’s retail inflation accelerated to 7.59% in January, government data showed on Wednesday. January inflation was...
Finance
Investcorp, OIJIF stare at weak returns in IPO-led partial exit from portfolio firm
Mid-market private equity firms Investcorp and Oman India Joint Investment Fund (OIJIF), besides Build India Capital, are looking...
Finance
SoftBank scales back second Vision Fund as first fund's loss wipes out group profit
Japan’s SoftBank Group Corp said on Wednesday its third-quarter operating profit fell 99%, well short of analyst estimates,...
Finance
Bankers in Asia brace for a virus-related deal drought
Bankers in Asia are bracing for a deal drought as efforts to limit the spread of the coronavirus epidemic have ......
Finance
J Sagar Associates hires partner for M&A, PE practice
Law firm J Sagar Associates has hired a partner for its Mumbai office from Lakshmikumaran & Sridharan (L&S). The firm...
Finance
RBI publishes draft framework for new payment system
The Reserve Bank of India (RBI) on Monday published a draft framework for authorisation of a new pan-India umbrella organization...
Finance
How much is Everstone making by exiting Hinduja Leyland Finance?
Private equity firm Everstone Capital has agreed to sell its balance stake in non-banking financial company Hinduja Leyland Finance...
Finance
InCred in talks to buy boutique investment bank
The capital markets, asset management and investment banking unit of Mumbai-based lender InCred Financial Services has approached...
Finance
KKR-backed Avendus hires StanChart exec to head wealth management arm
Financial services group Avendus has appointed Nitin Singh, a former Standard Chartered executive, as the managing director and...
Finance
Inflation likely hit a near six-year high in January: Poll
Indian retail inflation likely rose to a near six-year peak in January as food prices stayed high, according to a ......
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