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Finance

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

Jefferies appoints former CLSA chief as Asia chairman

Finance

15 July, 2019

Jefferies appoints former CLSA chief as Asia chairman

The US-based investment bank Jefferies Group LLC has appointed Jonathan Slone, the former chief executive officer of capital markets...

Allahabad Bank reports $259 mn alleged fraud by Bhushan Power & Steel

Finance

15 July, 2019

Allahabad Bank reports $259 mn alleged fraud by Bhushan Power & Steel

India's Allahabad Bank on Saturday became the second Indian state-owned bank to report a major alleged fraud by bankrupt steelmaker...

Dewan Housing Finance says facing substantial stress, may not survive

Finance

15 July, 2019

Dewan Housing Finance says facing substantial stress, may not survive

One of India’s biggest housing finance companies, Dewan Housing Finance Corp Ltd (DHFL), warned on Saturday that its financial...

Temasek looks to step up India investment pace

Finance

11 July, 2019

Temasek looks to step up India investment pace

Singapore state investor Temasek Holdings plans to enhance its exposure to India in coming years, as it seeks to tap ......

Religare to sell NBFC, housing finance unit to TCG; shares jump

Finance

11 July, 2019

Religare to sell NBFC, housing finance unit to TCG; shares jump

Religare Enterprises Ltd, a diversified financial services group, has entered into a binding term sheet to sell its small and...

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Fund Scan: Warburg Pincus and the art of alliances

Finance

11 July, 2019

Fund Scan: Warburg Pincus and the art of alliances

In the middle of 2006, as Israel and Lebanon engaged in a war, Yogesh Mahansaria was fighting a battle of ......

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ARA Law ropes in new co-head of PE-VC practice from K Law

Finance

10 July, 2019

ARA Law ropes in new co-head of PE-VC practice from K Law

Full-service corporate law firm ARA Law has hired a new co-head for its private equity and venture capital practice from ......

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Motilal Oswal Home Finance's top exec set to quit firm

Finance

10 July, 2019

Motilal Oswal Home Finance's top exec set to quit firm

A top executive of a housing finance company owned by Motilal Oswal Financial Services Ltd is set to quit the ......

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FirstRand Bank India to expand team, add mezzanine debt vertical

Finance

10 July, 2019

FirstRand Bank India to expand team, add mezzanine debt vertical

FirstRand Bank India is looking at balance sheet mezzanine funding to complement its investment banking business and expand its...

IFC offers $150 mn in debt funding to RBL Bank

Finance

10 July, 2019

IFC offers $150 mn in debt funding to RBL Bank

International Finance Corporation will provide $150 million (Rs 1,028 crore) in the form of a five-year senior loan to private-sector...

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