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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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Insurance in focus as dealmaking perks up in financial services sector in April-June

Finance

01 August, 2019

Insurance in focus as dealmaking perks up in financial services sector in April-June

India’s banking, financial services and insurance (BFSI) sector recorded two big mergers in the last two quarters that jacked...

Dutch development bank FMO plans $42 mn investment in Aavishkaar Venture

Finance

01 August, 2019

Dutch development bank FMO plans $42 mn investment in Aavishkaar Venture

FMO, the Netherlands’ development finance company, plans to make an investment of $42 million (about Rs 290 crore at current...

US Fed lowers interest rates for first time since 2008

Finance

01 August, 2019

US Fed lowers interest rates for first time since 2008

The Federal Reserve cut interest rates on Wednesday for the first time since 2008, citing concerns about the global economy ......

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Café Coffee Day parent's PE investors stare at losses as stock slumps

Finance

01 August, 2019

Café Coffee Day parent's PE investors stare at losses as stock slumps

The private equity investors of Coffee Day Enterprises Ltd, the parent of coffee retail chain Café Coffee Day, are staring...

Motilal Oswal Financial co-founder Raamdeo Agrawal to take up non-executive role

Finance

31 July, 2019

Motilal Oswal Financial co-founder Raamdeo Agrawal to take up non-executive role

Raamdeo Agrawal, the co-founder of Motilal Oswal Financial Services Ltd, is taking up a non-executive role. Agrawal is currently...

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CPPIB weighs debt deals, other products for India in investment push

Finance

31 July, 2019

CPPIB weighs debt deals, other products for India in investment push

Canada Pension Plan Investment Board (CPPIB) plans to enter new asset classes including debt in India, as it looks to ......

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How much will Kedaara, Helion make from partial exit in Spandana Sphoorty's IPO?

Finance

31 July, 2019

How much will Kedaara, Helion make from partial exit in Spandana Sphoorty's IPO?

Homegrown private equity firm Kedaara Capital will walk away with a bountiful harvest by selling a small part of its ......

SAIF Partners-backed Aye Finance raises $8 mn via debt securitisation

Finance

31 July, 2019

SAIF Partners-backed Aye Finance raises $8 mn via debt securitisation

Non-banking financial company Aye Finance Pvt. Ltd has raised Rs 55 crore ($8 million at current exchange rates) from Maharashtra-based...

Fiscal deficit crosses 61% of budgeted target in first three months of 2019-20

Finance

31 July, 2019

Fiscal deficit crosses 61% of budgeted target in first three months of 2019-20

India’s fiscal deficit in the three months ending in June stood at 4.32 trillion rupees ($62.80 billion), or 61.4% of ......

Carlyle to give shareholders a vote in switch to corporation

Finance

31 July, 2019

Carlyle to give shareholders a vote in switch to corporation

Carlyle Group LP emulated its peers on Wednesday with plans to convert from a publicly traded partnership into a corporation,...

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