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

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How True North's long bet on Meru is deep underwater as M&M takes the wheel

Finance

04 September, 2019

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...

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Finance

04 September, 2019

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...

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Finance

04 September, 2019

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

04 September, 2019

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

04 September, 2019

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 ......

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Finance

04 September, 2019

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...

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Finance

03 September, 2019

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 ......

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Finance

03 September, 2019

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...

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Finance

03 September, 2019

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

03 September, 2019

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...

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