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Finance

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

Standard Life sells $452-mn stake in HDFC Life Insurance

Finance

14 August, 2019

Standard Life sells $452-mn stake in HDFC Life Insurance

Standard Life, the UK-based investment manager, on Wednesday sold shares worth Rs 3,225.49 crore ($452 million at current exchange...

Ontario Teachers' Pension Plan may open Mumbai office, increase India investments

Finance

14 August, 2019

Ontario Teachers' Pension Plan may open Mumbai office, increase India investments

Ontario Teachers' Pension Plan, one of the world's biggest pension funds, plans to hire "extensively" in Asia...

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Indian I-banking veteran to acquire IDFC's securities broking business

Finance

14 August, 2019

Indian I-banking veteran to acquire IDFC's securities broking business

A top investment banking professional has struck a deal to purchase the securities broking business of IDFC Ltd in a ......

July WPI inflation slows to more than two-year low as economy falters

Economy

14 August, 2019

July WPI inflation slows to more than two-year low as economy falters

India’s annual wholesale price inflation in July eased to a 25-month low of 1.08%, indicating manufacturers are losing their...

Edelweiss gets $125 mn from Kora Management, seeks more funding for advisory biz

Finance

14 August, 2019

Edelweiss gets $125 mn from Kora Management, seeks more funding for advisory biz

Financial services conglomerate Edelweiss Group said on Wednesday it is raising $125 million (Rs 875 crore) from US-based investment...

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SAIF Partners tastes rare lemon from partial sale in private-sector lender

Finance

14 August, 2019

SAIF Partners tastes rare lemon from partial sale in private-sector lender

Venture capital and growth-equity investment firm SAIF Partners, which has struck a series of profitable partial and complete...

StanChart eyes $100 bn private banking assets in growth push

Finance

14 August, 2019

StanChart eyes $100 bn private banking assets in growth push

Standard Chartered is targeting growing its private banking assets by 50% to about $100 billion in three to five years ......

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Shardul Shroff on the IBC's ‘tortuous process' and the dangers of oligopoly

Finance

13 August, 2019

Shardul Shroff on the IBC's ‘tortuous process' and the dangers of oligopoly

India’s three-year-old bankruptcy law still needs to be fine-tuned to attract financial investors and to prevent the concentration...

July retail inflation stays low enough to allow RBI a fifth rate cut

Economy

13 August, 2019

July retail inflation stays low enough to allow RBI a fifth rate cut

India's retail inflation rate eased slightly in July, staying below the central bank's 4% medium-term target for a 12th...

Sam Ghosh quits Bharti Enterprises, group names new head of financial services biz

People

13 August, 2019

Sam Ghosh quits Bharti Enterprises, group names new head of financial services biz

Bharti Enterprises Ltd has appointed former Max Life Insurance executive Rajesh Sud as its new managing director for financial...

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