Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage
Blackstone Group Inc., Warburg Pincus and several other private equity firms in India sniffed investment opportunities this year...
Finance
Flashback 2019: Bank mergers, NBFC woes, PE deals keep financial sector in spotlight
India’s banking, financial services and insurance sector went through a roller coaster ride in 2019, as the government launched...
Finance
Flashback 2019: VCs snag record sum as PE firms toil hard to cross finish line
Global and domestic Limited Partners (LPs), or institutional investors and affluent individuals, pumped a record amount of money...
Finance
RBI sees corporate governance ‘fault lines' at some lenders
Growing problems of corporate governance are emerging at India's private banks and all lenders are at risk of rising default...
Finance
IFCI sells bulk of its stake in National Stock Exchange
State-owned development finance institution IFCI Ltd said on Tuesday it has divested most of its 2.44% stake in the National ......
Finance
Flashback 2019: Stressed assets remain in focus on rising bankruptcies, new challenges
When everything else fails, pray. At least that’s what State Bank of India chairman Rajnish Kumar seems to believe. “Every...
Finance
Adams Street Partners raises $740 mn for new global fund
Adams Street Partners, a US-based private markets investment manager, has mobilised $740 million in capital commitments for its...
Finance
Govt may allow pension fund watchdog to regulate all pension products
The finance ministry has approved in principle making the Pension Fund Regulatory and Development Authority (PFRDA) the sole regulator...
Finance
Hedge fund Abakkus picks up stake in Fairfax-backed securities broking firm
Hedge fund Abakkus Asset Manager LLP has bought a minority stake in a Mumbai-based securities broking and investment banking firm...
Finance
How pricey food items limit scope for RBI to make more rate cuts
India’s volatile food prices are yet again posing a sticky inflation problem for its central bank, preventing it from cutting...