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