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

Indian companies lead earnings downgrades in Asia as slowdown bites

Finance

09 September, 2019

Indian companies lead earnings downgrades in Asia as slowdown bites

India led Asia’s earnings downgrades over the past month with analysts expecting more troubles this year due to a consumption...

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SAIF Partners fully exits private-sector lender with weak returns

Finance

09 September, 2019

SAIF Partners fully exits private-sector lender with weak returns

SAIF Partners has fully exited its six-year-old investment in a private-sector bank with poor returns—a rare case of below-par...

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Investment bank Lazard downsizing India operations

Finance

09 September, 2019

Investment bank Lazard downsizing India operations

New York-listed investment bank Lazard Ltd is said to be scaling down its India operations and laying off executives, VCCircle...

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Singapore fintech firm oCap invests in Chennai NBFC for India expansion

Finance

09 September, 2019

Singapore fintech firm oCap invests in Chennai NBFC for India expansion

Singapore-based fintech firm oCap Management Pte Ltd has picked up a minority stake in a Chennai-based non-banking financial company...

Investopad founders float Good Capital fund to make early-stage bets

Finance

09 September, 2019

Investopad founders float Good Capital fund to make early-stage bets

Early-stage investment firm Good Capital said it has launched its debut fund of $25 million (Rs 178.7 crore) and has ......

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Banks' exposure to NBFCs slowly rising: IIFL Finance CEO Sumit Bali

Finance

09 September, 2019

Banks' exposure to NBFCs slowly rising: IIFL Finance CEO Sumit Bali

A year after non-banking finance companies (NBFC) plunged into a liquidity crisis that made investors risk-averse, many firms are looking ......

S&R Associates promotes two lawyers to partnership

Finance

07 September, 2019

S&R Associates promotes two lawyers to partnership

Delhi-based law firm S&R Associates has appointed two new partners from within its ranks. Prachi Goel and Shivaji Bhattacharya...

RBI bars Equitas Small Finance Bank from opening new branches, caps CEO pay

Finance

06 September, 2019

RBI bars Equitas Small Finance Bank from opening new branches, caps CEO pay

The Reserve Bank of India has barred Equitas Small Finance Bank from opening new branches after the lender failed to ......

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Aim to grow premium income at 30%, consolidate operations: Star Health's S Prakash

Finance

06 September, 2019

Aim to grow premium income at 30%, consolidate operations: Star Health's S Prakash

In August last year, a consortium of investors that included private equity firms WestBridge Capital and Madison Capital as well ......

UBS to revamp investment bank in bid to lift flagging earnings

Finance

06 September, 2019

UBS to revamp investment bank in bid to lift flagging earnings

Switzerland's UBS plans another shake-up of its investment banking arm to help boost earnings and curb costs after tough market...

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