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

Aviva Life under IBC for not paying landlord; first financial firm to enter NCLT

Finance

12 November, 2019

Aviva Life under IBC for not paying landlord; first financial firm to enter NCLT

The bankruptcy tribunal has ordered proceedings against Aviva Life Insurance in a case by Apeejay Trust for failure to pay ......

Windrose Capital marks first close of $30 mn debut fund

Finance

12 November, 2019

Windrose Capital marks first close of $30 mn debut fund

Pune-based Windrose Capital said it has marked the initial close of its debut fund that seeks to invest up to ......

Carlyle veteran's new PE firm Sanaka inks debut deal with Edelweiss

Finance

12 November, 2019

Carlyle veteran's new PE firm Sanaka inks debut deal with Edelweiss

Sanaka Capital, a private equity firm floated by Shankar Narayanan, former managing director and co-head of the Asia Growth Capital...

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IL&FS gets one offer for back-office arm, seeks more bids

Finance

11 November, 2019

IL&FS gets one offer for back-office arm, seeks more bids

Infrastructure Leasing & Financial Services Ltd (IL&FS) has received one offer for its stake in a back-office services...

Svasti Microfinance secures $10 mn; MSDF and Bamboo Capital to exit

Finance

11 November, 2019

Svasti Microfinance secures $10 mn; MSDF and Bamboo Capital to exit

Svasti Microfinance Pvt. Ltd said on Monday it has secured $10 million (Rs 71.5 crore) from a number of investors ......

Credit Suisse shakes up leadership at struggling investment banking unit

Finance

11 November, 2019

Credit Suisse shakes up leadership at struggling investment banking unit

Credit Suisse on Monday appointed David Miller, the bank's global head of credit, to take charge of its floundering investment...

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Emergent Ventures floats India-focused mobility fund

Finance

11 November, 2019

Emergent Ventures floats India-focused mobility fund

US-based venture capital firm Emergent Ventures has launched an India-focused investment firm that will focus on early-stage startups...

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Management guru Ram Charan on how founders, investors can avoid succession issues

Finance

11 November, 2019

Management guru Ram Charan on how founders, investors can avoid succession issues

A number of high-profile startups have seen their founders leave in recent years as investors get more active. In the ......

Global billionaires' wealth falls for first time since 2015

Finance

11 November, 2019

Global billionaires' wealth falls for first time since 2015

The world's richest people became a little less well off last year, according to a report by UBS and PwC, ......

Banks' stressed assets pile eases aided by $30 bn in write-offs

Finance

08 November, 2019

Banks' stressed assets pile eases aided by $30 bn in write-offs

Indian banks wrote off more than $30 billion worth of bad debt in the year to June 30, helping to ......

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