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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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How bonus shares, buybacks and dividends by PSUs are propping up govt's coffers

Finance

18 January, 2019

How bonus shares, buybacks and dividends by PSUs are propping up govt's coffers

From 2009-10 to 2013-14, when the Manmohan Singh-led United Progressive Alliance (UPA) was in the saddle, only one state-run company...

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How IIFL Finance is strengthening its capital base

Finance

18 January, 2019

How IIFL Finance is strengthening its capital base

IIFL Finance Ltd plans to add more fixed-income instruments and long-term borrowings to its debt capital,...

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KKR sets the stage to float large India credit fund

Finance

17 January, 2019

KKR sets the stage to float large India credit fund

Global alternative asset manager KKR is gearing up to launch a large credit fund  to take advantage of the growing ......

SAIF Partners-backed Aye Finance raises $10 mn in debt funding

Finance

17 January, 2019

SAIF Partners-backed Aye Finance raises $10 mn in debt funding

Non-banking finance company Aye Finance Pvt. Ltd said on Thursday it has raised $10 million (Rs 71 crore) in debt ......

Edelweiss' private-credit fund raises $1.3 bn for investment in stressed assets

Finance

17 January, 2019

Edelweiss' private-credit fund raises $1.3 bn for investment in stressed assets

Edelweiss Alternative Asset Advisors Ltd, a unit of Edelweiss Financial Services Ltd, has raised Rs 9,200 crore ($1.3 billion)...

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Samara Capital gears up to float new investment vehicle

Finance

17 January, 2019

Samara Capital gears up to float new investment vehicle

Mid-market private equity firm Samara Capital, which stepped on the gas last year with a number of deals in sectors ......

SBI puts its entire loan exposure to debt-laden Essar Steel on the block

Finance

16 January, 2019

SBI puts its entire loan exposure to debt-laden Essar Steel on the block

State Bank of India (SBI) has put its entire loan exposure to debt-laden Essar Steel Ltd worth Rs 15,431 crore ......

Former PepsiCo CEO Indra Nooyi in the running to become World Bank chief

Finance

16 January, 2019

Former PepsiCo CEO Indra Nooyi in the running to become World Bank chief

The White House is considering former PepsiCo Inc (PEP.O) Chief Executive Indra Nooyi, Treasury Department official David Malpass...

India's trade deficit narrows to 10-month low in December

Economy

15 January, 2019

India's trade deficit narrows to 10-month low in December

India's trade deficit narrowed to $13.08 billion in December, the lowest in 10 months, due to a fall in gold ......

Investcorp, Coller Capital form $1 bn European private equity fund

Finance

14 January, 2019

Investcorp, Coller Capital form $1 bn European private equity fund

Bahrain-based alternative investment manager Investcorp INVB.BH said on Monday it was forming a $1 billion European private equity...

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