Finance

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

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GIC rebuilds stake in PE-backed Indian life insurer

Finance

15 November, 2019

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

14 November, 2019

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

14 November, 2019

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

14 November, 2019

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...

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Finance

14 November, 2019

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 ......

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Finance

14 November, 2019

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

14 November, 2019

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

13 November, 2019

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

13 November, 2019

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 ......

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Finance

13 November, 2019

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 ......

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