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

GDP growth may nudge up to 7% this year: Economic Survey

Economy

04 July, 2019

GDP growth may nudge up to 7% this year: Economic Survey

India’s economy is likely to grow at 7% in 2019-20, the government’s latest Economic Survey has estimated. The...

TPG raises nearly $14 bn for global buyout, healthcare funds

Finance

03 July, 2019

TPG raises nearly $14 bn for global buyout, healthcare funds

Private equity firm TPG has raised a little less than $14 billion for its flagship global buyout fund and a ......

RBI may soon get power to regulate housing finance companies

Finance

03 July, 2019

RBI may soon get power to regulate housing finance companies

The Indian government will soon give the nation's central bank power to regulate housing finance companies (HFCs), which will...

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AMP Capital rejigs India strategy to scout for larger deals, expands sector focus

Finance

03 July, 2019

AMP Capital rejigs India strategy to scout for larger deals, expands sector focus

Infrastructure-focused investment manager AMP Capital has pivoted its strategy in India to look for larger deals and in more sectors...

UST Global's former chief exec Sajan Pillai to float venture capital fund

Finance

03 July, 2019

UST Global's former chief exec Sajan Pillai to float venture capital fund

Sajan Pillai, former CEO of IT company UST Global, said he plans to launch a venture capital fund to invest ......

GIC, Temasek set for muted returns on impact of trade war, slower growth

Finance

03 July, 2019

GIC, Temasek set for muted returns on impact of trade war, slower growth

Singapore sovereign wealth fund GIC Pte Ltd said it is now more cautious about the investing environment than it was ......

Wilful defaults in India cross $21 bn in 2018-19

Finance

02 July, 2019

Wilful defaults in India cross $21 bn in 2018-19

India’s state-owned banks had classified 1.50 trillion rupees ($21.76 billion) worth of loans as “wilful defaults”...

Multi-family office Waterfield hires Citi banker as managing director

Finance

02 July, 2019

Multi-family office Waterfield hires Citi banker as managing director

Multi-family office and boutique advisory firm Waterfield Advisors has appointed former Citibank banker Ruchi Sankhe as its managing...

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Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?

Finance

02 July, 2019

Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?

As finance minister Nirmala Sitharaman gives final touches to her first budget speech later this week, she’d be doing so...

Facing heat, Moody's India arm ICRA sends managing director on indefinite leave

Finance

02 July, 2019

Facing heat, Moody's India arm ICRA sends managing director on indefinite leave

The board of ratings agency ICRA has asked managing director and chief executive Naresh Takkar to go on indefinite leave ......

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