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Finance

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

Govt slashes 2019-20 GDP growth forecast to 5%

Economy

07 January, 2020

Govt slashes 2019-20 GDP growth forecast to 5%

The Indian government said on Tuesday it expects the economy to grow at 5.0% in the fiscal year ending in ......

Private equity's talent challenge: Keeping it out of the family

Finance

07 January, 2020

Private equity's talent challenge: Keeping it out of the family

Family offices, which handle the wealth of the very rich and their kin, are increasingly poaching young talent from buyout ......

Goldman Sachs renames business units in transparency push

Finance

07 January, 2020

Goldman Sachs renames business units in transparency push

Goldman Sachs Group Inc said on Tuesday it renamed its main business units ahead of its quarterly results next week, as ......

Warburg Pincus, Creation Investments infuse fresh capital into Fusion Microfinance

Finance

07 January, 2020

Warburg Pincus, Creation Investments infuse fresh capital into Fusion Microfinance

Fusion Microfinance Pvt. Ltd has raised Rs 500 crore ($69.61 million at current exchange rates) in a funding round led ......

Revised bankruptcy norms aim to further filter out ex-promoters, defaulters

Finance

07 January, 2020

Revised bankruptcy norms aim to further filter out ex-promoters, defaulters

The Insolvency and Bankruptcy Board of India (IBBI) has revised norms to bar any entity or person that is not ......

Govt plans to cut spending to curb deficit; may hurt growth

Economy

06 January, 2020

Govt plans to cut spending to curb deficit; may hurt growth

India’s government is likely to cut spending for the current fiscal year by as much as 2 trillion Indian rupees ......

ESAF Small Finance Bank files for $135 mn IPO

Finance

06 January, 2020

ESAF Small Finance Bank files for $135 mn IPO

ESAF Small Finance Bank on Monday filed its draft red herring prospectus with the Securities and Exchange Board of India ......

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Bay Capital founder Siddharth Mehta on investment strategy, focus areas and more

Finance

06 January, 2020

Bay Capital founder Siddharth Mehta on investment strategy, focus areas and more

Bay Capital Partners, an India-focused investment firm, has been investing in publicly traded companies for about 13 years. Its present ......

India services activity climbs to five-month high in December

Economy

06 January, 2020

India services activity climbs to five-month high in December

Activity in India’s dominant service industry accelerated to a five-month high in December as demand rose at the fastest...

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Proparco injects debt capital into Indian non-bank lender

Finance

06 January, 2020

Proparco injects debt capital into Indian non-bank lender

Proparco SA, the private-sector arm of French development finance institution Agence Française de Développement,...

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