Finance

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

HSBC may cut up to 10,000 jobs to slash costs

Finance

07 October, 2019

HSBC may cut up to 10,000 jobs to slash costs

HSBC Holdings Plc is planning to cut up to 10,000 jobs as interim Chief Executive Officer Noel Quinn seeks to reduce ......

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Finance

07 October, 2019

How deal attribution can make or mar first-time fund managers' prospects

First-time fund managers attempting to raise capital in India after leaving established private equity and venture capital firms...

Finance

04 October, 2019

Podcast: DHFL dangles equity conversion before lenders; Altico gets PE attention

Two non-banking financial companies -- Dewan Housing Finance Corporation Ltd (DHFL) and Altico Capital – are busy working...

Finance

04 October, 2019

IFC to invest in seed producer Mahyco India's overseas unit

International Finance Corporation (IFC) plans to make an equity investment of up to $20 million (Rs 141.82 crore at current ......

Economy

04 October, 2019

RBI cuts rates for fifth time in a row, slashes growth forecast

The Reserve Bank of India on Friday cut interest rates for a fifth straight meeting, stepping up efforts to kickstart ......

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Finance

04 October, 2019

Company watch: CDC-backed Indifi's revenue jumps; soaring write-offs raise concern

Digital lender Indifi Technologies Pvt. Ltd’s revenue for the year through March 2019 climbed nearly four-fold and its loss...

Economy

04 October, 2019

India's services sector contracts in September on weak demand

India’s dominant services sector slipped into contraction in September as new business orders fell for the first time since...

Finance

04 October, 2019

Goldman Sachs rejigs Asia M&A leadership, names Raghav Maliah co-head

Tech specialists Raghav Maliah and Jung Min have been appointed co-heads of Goldman Sachs' mergers and acquisitions in Asia...

Finance

04 October, 2019

WeWork woes hit Softbank's plans for second Vision Fund

Softbank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund in ......

Finance

04 October, 2019

HDIL chairman Rakesh Wadhawan, son arrested in PMC Bank scam

India arrested the head of a bankrupt realty company on Thursday after lender Punjab and Maharashtra Co-operative Bank (PMC) accused...

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