Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
GIC rebuilds stake in PE-backed Indian life insurer
Singapore’s GIC Pte. Ltd, one of the most active sovereign wealth funds in India, has again started building its exposure...
Finance
Norwest Venture Partners closes $2 bn fund, its biggest to date
Norwest Venture Partners, a former investor in Uber and Spotify, said on Thursday it closed its largest fund to date ......
Finance
CBI set to file fresh charges in $2 bn Punjab National Bank fraud case
The Central Bureau of Investigation will soon file fresh charges in the $2 billion Punjab National Bank (PNB) fraud case ......
Finance
India's love for cash hinders move to digital economy despite demonetisation push
India's dependency on cash may slow the country's transition to digital payments despite large numbers of internet and...
Finance
Debt investor Anicut Capital rolls out angel fund to make early-stage bets
Homegrown Anicut Capital LLP, which recently marked the first close of its second debt fund in a bid to back ......
Finance
Fund Scan: How Aditya Birla Private Equity lost its momentum
A little more than four years ago, Aditya Birla Private Equity invested in a Mumbai-based fashion garments maker. The September...
Finance
Dewan Housing lenders get temporary relief on $5.6 bn loans
An Indian court on Wednesday allowed banks to recover some dues from shadow lender Dewan Housing Finance Corporation Ltd, granting...
Economy
Retail inflation breaches RBI target, quickens to 4.62% in October
India’s retail inflation rate rose to 4.62% in October, driven by higher food prices, the government said on Wednesday. Annual...
Finance
Watch: Proparco's Philippe Serres on diversifying India investments and more
Proparco SA, the private-sector arm of French development finance institution (DFI) Agence Française de Développement, has been investing in India ......
Finance
Former Fosun, Rocket Internet and Booz & Co execs team up for new firm
Vipin Agarwal, who was most recently the senior director for investments at Fosun RZ Capital, has floated a partnership firm ......