Finance

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

Fintech startup OfBusiness leads startup funding deals this week

Finance

27 September, 2019

Fintech startup OfBusiness leads startup funding deals this week

Fintech startups continued to dominate the venture investment for a third week in a row with OfBusiness getting $31 million ......

Finance

27 September, 2019

Police probes Lakshmi Vilas Bank directors for alleged fraud

Shares of Lakshmi Vilas Bank dropped nearly 5% on Friday, after the country’s Economic Offences Wing (EOW) filed a report...

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Finance

26 September, 2019

Fairfax sells half its stake in ICICI Lombard, earns modest returns

Canadian firm Fairfax Financial Holdings Ltd has sold half its stake in ICICI Lombard General Insurance Company Ltd, as it ......

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Finance

26 September, 2019

Company watch: Warburg-backed CAMS hits headwinds as it weighs IPO

Computer Age Management Services Pvt. Ltd (CAMS), a back-end processor for mutual funds that counts Warburg Pincus as an investor,...

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Finance

26 September, 2019

Omkara Assets Reconstruction gears up for a second round of equity capital

One year after its first round of equity capital infusion, Omkara Asset Reconstruction Pvt. Ltd is looking to go for ......

Finance

26 September, 2019

Watch: Why impact investor Omnivore plans to make more selective bets

Earlier this year, impact investment firm Omnivore marked the final close of its second fund at $97 million after surpassing ......

Finance

26 September, 2019

Axis Bank raises $1.76 bn via share sale to GIC, others; Bain Capital sits out

Axis Bank, India's third-largest private-sector lender, has raised Rs 12,500 crore ($1.76 billion) by selling shares to institutional...

Finance

25 September, 2019

Sachin Bansal buys Chaitanya Rural in biggest bet since leaving Flipkart

Flipkart co-founder Sachin Bansal has acquired Chaitanya Rural Intermediation Development Services Pvt. Ltd, striking his biggest...

Economy

25 September, 2019

Why PM Modi's corporate tax cut is unlikely to spur job bonanza

With one eye on flagging demand, businesses in India are likely to bank the government's $20.4 billion corporate tax windfall...

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Finance

25 September, 2019

Asia-Pacific family offices outperform global average but turning cautious

Family offices in Asia-Pacific, which includes India, generated more return on their investments than the global average but are...

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