Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
How True North's long bet on Meru is deep underwater as M&M takes the wheel
Private equity investor True North is staring at a potential haircut in one of its oldest remaining portfolio companies, Meru...
Finance
IRDA waives lock-in period for Fairfax's stake in ICICI Lombard
India’s insurance regulator has paved the way for Canadian firm Fairfax Financial Holdings Ltd to exit its almost two-decade-long...
Finance
State Bank of India looks to exit financial services company
State Bank of India (SBI), the country's largest lender, has started a process to exit its six-year-old investment in a ......
Finance
IFC plans to invest in Chiratae's new venture capital fund
International Finance Corporation (IFC) plans to invest $20 million (around Rs 144 crore) in Chiratae Ventures' new fund,...
Finance
RBI panel favours allowing foreign portfolio investors to directly buy bad loans
A task force set up by India’s central bank on Tuesday recommended a slew of measures for developing a secondary ......
Finance
Former True North executive floats B2B-focussed VC fund
Siddharth Dhondiyal, a former managing director at homegrown private equity firm True North, has launched a venture capital firm...
Finance
KKR harvests more from India insurance firm with benchmark returns
KKR & Co. has recorded benchmark returns by selling more stake in an Indian insurer in what has been the ......
Finance
Swiss investor responsAbility invests more in Indian microlender
Swiss impact investor responsAbility Investments has pumped more money in a New Delhi-based microlender, the Indian company’s...
Finance
Fairfax-backed IIFL Finance raises funding from another Canadian firm
Non-banking financial company IIFL Finance Ltd, which counts billionaire Prem Watsa's Fairfax Financial as an investor, has...
Finance
Fairfax to invest $5 bn more in Indian companies in next five years: Prem Watsa
Prem Watsa, the billionaire chairman of Fairfax Financial Holdings Ltd, has proposed to invest a further $5 billion (approximately...
