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

Delays, poor data have pushed settlements outside IBC: Panellists at VCCircle event

Finance

30 January, 2019

Delays, poor data have pushed settlements outside IBC: Panellists at VCCircle event

The Insolvency Bankruptcy Code, 2016 (IBC) has helped improve processes but delays in resolution and less access to quality data...

Partnership model drives distressed assets opportunity: Panellists at VCCircle event

Finance

30 January, 2019

Partnership model drives distressed assets opportunity: Panellists at VCCircle event

A new crop of investors are emerging in the broader distressed assets segment that are catering to companies that are ......

India needs deeper bond market  to improve liquidity options: Centrum's Jaspal Bindra

Finance

30 January, 2019

India needs deeper bond market to improve liquidity options: Centrum's Jaspal Bindra

As resolution efforts via the Insolvency and Bankruptcy code gain traction, several global practices need to be adopted in India...

Investcorp to acquire IDFC Alternatives' PE, real estate fund businesses

Finance

30 January, 2019

Investcorp to acquire IDFC Alternatives' PE, real estate fund businesses

Global alternative investment manager Investcorp has acquired the private equity and real estate investment management businesses...

Bankruptcy law a success but execution snags remain: Panellists at VCCircle summit

Finance

30 January, 2019

Bankruptcy law a success but execution snags remain: Panellists at VCCircle summit

The Insolvency and Bankruptcy Code, 2016 has effectively tackled the menace of stressed assets in the country; however, unique...

Dewan Housing denies alleged misconduct, shares still slump

Finance

30 January, 2019

Dewan Housing denies alleged misconduct, shares still slump

Dewan Housing Finance Corp Ltd (DHFL) saw its shares fall more than 9 percent on Wednesday, as the Indian firm’s ......

CDC hires former StanChart exec to manage South Asia, Africa bets

Finance

30 January, 2019

CDC hires former StanChart exec to manage South Asia, Africa bets

The UK government-owned development financial institution CDC Group Plc has appointed Stephen Priestley as its managing director...

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Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO

Finance

30 January, 2019

Focusing on sale of NPAs rather than insolvency process: Dena Bank CEO

Dena Bank, one of the weakest public-sector lenders, has posted losses for three financial years in a row, and is ......

Premium
Falcon Edge in talks to invest in Indian SME lender

Finance

29 January, 2019

Falcon Edge in talks to invest in Indian SME lender

New York-based hedge fund Falcon Edge Capital is in discussions to invest in a Gurugram-based lender in a potential transaction...

Bank of India expects $360 mn from bankruptcy resolution in March quarter

Finance

29 January, 2019

Bank of India expects $360 mn from bankruptcy resolution in March quarter

Central government-owned Bank of India expects to recover around Rs 2,600 crore ($365.6 million) in the quarter ending March 2019...

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