Finance

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

Finance

18 July, 2019

Allahabad Bank reports SEL Manufacturing's $100 mn fraud

Allahabad Bank Ltd on Wednesday reported a 6.89 billion rupees ($100.1 million) fraud related to textile company SEL Manufacturing...

• Reuters

Finance

18 July, 2019

SoftBank's Masayoshi Son says Japan lacks investment opportunities, lagging in AI race

SoftBank Group Corp founder and Chief Executive Masayoshi Son said on Thursday that there is a dearth of investment opportunities...

• Reuters

Finance

18 July, 2019

CARE Ratings sends CEO Rajesh Mokashi on leave pending inquiry

India's CARE Ratings Ltd has sent Managing Director and Chief Executive Officer Rajesh Mokashi on leave until further notice,...

• Reuters

Finance

17 July, 2019

Punjab & Sind Bank reports fraud in Bhushan Power account

India’s Punjab & Sind Bank (PSB) said on Wednesday it has reported a 2.38 billion rupee ($34.58 million) fraud to ......

• Reuters

Finance

17 July, 2019

Warburg Pincus co-CEO Joseph Landy to step down

Joseph Landy, the co-chief executive officer of Warburg Pincus, is stepping down from the private equity firm, a media report...

• Ranjani Raghavan

Finance

17 July, 2019

Vishal Mega Mart backer Partners Group's assets climb 9% in Jan-June

Switzerland-based investment firm Partners Group raised €7.4 billion from investors in the first half of 2019, pushing its...

• Bruhadeeswaran R

Finance

17 July, 2019

Govt plan to issue foreign currency bonds faces opposition from RSS wing

An influential Hindu nationalist group close to Prime Minister Narendra Modi’s ruling party has demanded his government...

• Reuters

Finance

17 July, 2019

Angel investor Sanjay Mehta floats venture capital firm

Sanjay Mehta, an entrepreneur-turned-angel investor, has floated a venture capital firm to invest in early-stage startups in India...

• Joseph Rai

Finance

17 July, 2019

Dutch development bank FMO plans debt investment in Aye Finance

FMO, the Netherlands’ development finance company, plans to make a debt investment of $18.2 million (Rs 125 crore) in Indian...

• Bruhadeeswaran R

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Finance

16 July, 2019

IIFL Asset Management tweaks original plan for new credit fund

IIFL Asset Management Ltd has tweaked the size of its latest debt fund to exercise caution in the light of ......

• Ranjani Raghavan