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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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Flashback 2018: Inside the Indian economy's year of extremes

Economy

24 December, 2018

Flashback 2018: Inside the Indian economy's year of extremes

For the Indian economy, the year gone by was defined by extremes. The stock markets rose to record highs by the ......

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UTI Capital strikes back-to-back deals from maiden private debt fund

Finance

21 December, 2018

UTI Capital strikes back-to-back deals from maiden private debt fund

The alternative investment arm of UTI Asset Management Company Ltd has inked the fourth deal from its maiden debt fund ......

GIP plans to raise India-focussed fund next year

Finance

21 December, 2018

GIP plans to raise India-focussed fund next year

US-based infrastructure investor Global Infrastructure Partners will raise an India-focussed fund early next year, a top company...

Asia records second-best year for M&As as India booms with $126 bn in deals

Finance

21 December, 2018

Asia records second-best year for M&As as India booms with $126 bn in deals

Asia Pacific M&A volumes clocked their second-highest level on record this year and dealmakers are optimistic the momentum...

IL&FS starts process to sell private equity, education units

Finance

20 December, 2018

IL&FS starts process to sell private equity, education units

Infrastructure Leasing and Financial Services Ltd (IL&FS) said on Thursday it is seeking bids to sell its alternative investment...

PE-backed Aavas Financiers raises $29 mn from CDC via masala bonds

Finance

20 December, 2018

PE-backed Aavas Financiers raises $29 mn from CDC via masala bonds

Home-loan company Aavas Financiers Ltd has raised Rs 200 crore ($28.7 million) from UK government-owned development financial...

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Ascent Capital hits the road for new fund after nine-year gap

Finance

20 December, 2018

Ascent Capital hits the road for new fund after nine-year gap

Homegrown private equity firm Ascent Capital has kicked off the process of raising capital for a fourth fund nearly a ......

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Multiples PE scraps stressed assets investment programme

Finance

20 December, 2018

Multiples PE scraps stressed assets investment programme

Renuka Ramnath-led private equity firm Multiples Alternate Asset Management has shut down its stressed assets investment division...

State-run banks recover bad loans worth over $8 bn in April-September quarter

Finance

20 December, 2018

State-run banks recover bad loans worth over $8 bn in April-September quarter

Indian state-run banks recovered 607.3 billion rupees ($8.69 billion) of outstanding bad loans in the April-September period,...

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In Charts: How govt's VC fund for socially backward groups fared since 2015 launch

Finance

20 December, 2018

In Charts: How govt's VC fund for socially backward groups fared since 2015 launch

In January 2015, the Indian government floated a venture capital fund to back entrepreneurs from the Scheduled Castes. The move...

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