Finance

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

India leads downgrades as analysts cut Asian firms' 2019 profit outlook

Finance

06 November, 2019

India leads downgrades as analysts cut Asian firms' 2019 profit outlook

Analysts trimmed their 2019 earnings forecasts for Asian companies by a smaller margin over the past month, Refinitiv data showed,...

Finance

06 November, 2019

SoftBank posts $6.5 bn quarterly loss as WeWork, Uber bets stumble

SoftBank Group Corp plunged on Wednesday to a quarterly loss that was far larger than analysts’ estimates, hit by the ......

Finance

06 November, 2019

CBI registers 42 new bank fraud cases totalling $1 bn

India’s federal police said on Tuesday that they had registered 42 new cases of bank fraud amounting to about 72 ......

Economy

05 November, 2019

Is the world's biggest trade pact a missed opportunity for India?

Although India pulled out at the last minute, China and 14 other countries agreed in Bangkok this week on plans ......

Finance

05 November, 2019

Microlender CreditAccess Grameen raises debt funding from FMO

CreditAccess Grameen Ltd, which operates a microlending business under the Grameen Koota brand name, has raised Rs 214 crore (approximately...

Premium

Finance

05 November, 2019

Bank of India throws more non-core assets onto chopping block

State-run Bank of India has placed two more assets on the chopping block, people in the know told VCCircle, as ......

Premium

Finance

04 November, 2019

Management guru Ram Charan on root cause of scams in India Inc and how to fix it

Whether he is advising global chief executives on leadership matters or speaking about the need for greater transparency and accountability, ......

Premium

Finance

04 November, 2019

Why banks are slowing bad-loan sales to asset reconstruction companies

Indian banks have slowed the pace of selling bad loans to asset reconstruction companies (ARCs), as they work on other ......

Finance

01 November, 2019

Carlyle's third-quarter earnings drop 25% as asset sales slow

U.S. buyout firm Carlyle Group LP reported a 25% year-on-year drop in its third-quarter earnings on Thursday, driven by lower...

Finance

01 November, 2019

Lazard axes 200 jobs as profit falls amid dealmaking slowdown

Lazard Ltd said on Thursday it had axed about 200 employees after a review of its business, as the investment ......

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