Finance

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

UBS axing investment banking jobs as earnings continue to slide

Finance

22 October, 2019

UBS axing investment banking jobs as earnings continue to slide

Swiss bank UBS (UBSG.S) is axing high-paying investment banking staff after a disappointing performance at the division prompted...

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Finance

21 October, 2019

Aditya Birla Group's private equity business on a standstill

The alternative investment business of Aditya Birla Private Equity, part of the Kumar Mangalam Birla-led diversified group, has...

Economy

21 October, 2019

Piyush Goyal says differences resolved with US over trade deal

India’s Trade Minister Piyush Goyal said on Monday that the broad contours of a trade deal with the United States ......

Finance

18 October, 2019

Snakes and ladders: SoftBank Vision Fund's climbing, sliding valuations

The $100 billion Vision Fund of Japan’s SoftBank Group Corp (9984.T) has in just over two years burned through much ......

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Finance

18 October, 2019

Aspada's Thomas Hyland on why the firm decided to raise third-party capital

LGT Lightstone Aspada is formed after the recent acquisition of India-focused impact investment fund Aspada by Swiss investor LGT. As ......

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Finance

17 October, 2019

Avendus' Ocean Dial hires former Enam exec to co-head India equity arm

UK-based Ocean Dial Asset Management, which was acquired by financial services firm Avendus Group in 2017, has appointed a top...

Finance

17 October, 2019

Mumbai court jails former MD of PMC Bank as fraud probe deepens

An Indian court on Thursday sent the former managing director of Punjab and Maharashtra Co-operative (PMC) Bank, Joy Thomas, to...

Finance

17 October, 2019

Should fintech firms explore new business models and diversify?

A large number of fintech startups have raised venture capital over the past few years. But there is a need ......

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Finance

17 October, 2019

How rich Indians' exposure to alternative assets changed last year

Wealthy Indians poured more money into alternative assets in the year through March in their quest for high returns, with ......

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Finance

17 October, 2019

TVS Capital weighs floating alternative investment fund for new asset class

Homegrown private equity firm TVS Capital Funds Pvt. Ltd is looking into the possibility of floating an alternative investment...

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