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Finance

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

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...

In angel tax assessment, shift focus from companies to investors

Finance

29 January, 2019

In angel tax assessment, shift focus from companies to investors

While the jury is still out on whether the 16 January notification of the Department of Industrial Policy and Promotion ......

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KKR to beef up infra, stressed assets teams in India

Finance

29 January, 2019

KKR to beef up infra, stressed assets teams in India

Global alternative assets manager KKR & Co. is beefing up its infrastructure and stressed assets teams in India as it ......

Oaktree invests $194 mn to buy Dewan Housing Finance's loans

Finance

29 January, 2019

Oaktree invests $194 mn to buy Dewan Housing Finance's loans

Global alternative investment management firm Oaktree Capital Management LP has invested Rs 1,375 crore ($194 million) to buy...

Former Tata execs, Quantum Advisors team up to float $1 bn ESG fund

Finance

28 January, 2019

Former Tata execs, Quantum Advisors team up to float $1 bn ESG fund

Six industry veterans and asset management company Quantum Advisors have tied up to float a $1 billion (Rs 7,114 crore) ......

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Running out of patience, more banks are putting bad loans on the block

Finance

28 January, 2019

Running out of patience, more banks are putting bad loans on the block

Lenders including India’s largest bank are opting to sell their loan exposures to companies facing insolvency even as the...

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KKR's Sanjay Nayar on outlook for 2019 and why it is betting big on credit biz

Finance

28 January, 2019

KKR's Sanjay Nayar on outlook for 2019 and why it is betting big on credit biz

In November 2008, KKR & Co. hired Sanjay Nayar to set up and head its India operations, which formally began ......

SC deals blow to Ruias, other promoters seeking to regain control of insolvent firms

Finance

25 January, 2019

SC deals blow to Ruias, other promoters seeking to regain control of insolvent firms

The Supreme Court on Friday upheld the two-year-old Insolvency and Bankruptcy Code (IBC) in its entirety, thereby continuing to...

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Ahead of polls, does Modi govt have room to offer sops to large firms, investors?

Economy

25 January, 2019

Ahead of polls, does Modi govt have room to offer sops to large firms, investors?

In February 2015, finance minister Arun Jaitley had said in the second budget of the Narendra Modi government that the ......

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Ola investor Falcon Edge Capital floats India fund

Finance

25 January, 2019

Ola investor Falcon Edge Capital floats India fund

Falcon Edge Capital, a New York-based hedge fund that has invested in cab-hailing firm Ola and online classifieds firm Quikr,...

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