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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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Budget 2019: Why India needs a more meaningful disinvestment strategy

Finance

26 June, 2019

Budget 2019: Why India needs a more meaningful disinvestment strategy

Days after Prime Minister Narendra Modi assumed office for a second five-year term, the government’s policy think-tank Niti...

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OPIC invests in Aspada-backed regional hospital chain

Finance

26 June, 2019

OPIC invests in Aspada-backed regional hospital chain

The Overseas Private Investment Corporation (OPIC), a development finance institution of the US government, is investing in a...

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ARC Scan: Has Arcil been able to capitalise on its first-mover advantage?

Finance

26 June, 2019

ARC Scan: Has Arcil been able to capitalise on its first-mover advantage?

There is more than a hint of schadenfreude in the asset reconstruction business. So even as the problem of bad ......

Troubled mortgage lender Dewan Housing again misses debt payments

Finance

26 June, 2019

Troubled mortgage lender Dewan Housing again misses debt payments

Indian mortgage lender Dewan Housing Finance Corp Ltd (DHFL) said it had only been able to make a 40 percent ......

RBI panel suggests floating $720 mn stressed asset fund for small businesses

Finance

25 June, 2019

RBI panel suggests floating $720 mn stressed asset fund for small businesses

A Reserve Bank of India (RBI) committee has suggested a Rs 5,000 crore (about $720 million at current exchange rate) ......

TPG, Piramal Enterprises look to exit Shriram Capital

Finance

25 June, 2019

TPG, Piramal Enterprises look to exit Shriram Capital

Private equity firm TPG Capital and billionaire Ajay Piramal-led Piramal Enterprises Ltd are looking to exit Shriram Capital Ltd,...

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KKR to expand India real estate playbook as sector ‘bottoms out'

Finance

25 June, 2019

KKR to expand India real estate playbook as sector ‘bottoms out'

Alternative asset manager KKR, which operates private equity and non-banking finance arms in India, is looking to grow its real...

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Nalanda Capital clocks benchmark returns from Mindtree stake sale to L&T

Finance

24 June, 2019

Nalanda Capital clocks benchmark returns from Mindtree stake sale to L&T

Nalanda Capital, an India-focussed private equity-style investor in public equities (PIPE), has sold its entire stake in software...

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Motilal Oswal PE eyes exit from asset financing firm

Finance

24 June, 2019

Motilal Oswal PE eyes exit from asset financing firm

Motilal Oswal Private Equity Investment Advisors Pvt. Ltd is looking to exit its four-year-old investment in an asset financing...

RBI deputy governor Viral Acharya resigns six months before term ends

Finance

24 June, 2019

RBI deputy governor Viral Acharya resigns six months before term ends

Reserve Bank of India Deputy Governor Viral Acharya has resigned six months before the scheduled end of his term in ......

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