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Finance

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

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...

Bain Capital raises $4.65 bn for new Asia fund

Finance

20 December, 2018

Bain Capital raises $4.65 bn for new Asia fund

Global private equity firm Bain Capital LLC has closed its new Asia-focused fund at $4.65 billion, a person with direct ......

US Fed raises interest rates, hints at more hikes

Economy

20 December, 2018

US Fed raises interest rates, hints at more hikes

After weeks of market volatility and calls by President Donald Trump for the Federal Reserve to stop raising interest rates, ......

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Former Fairfax exec Harsha Raghavan floats maiden PE fund

Finance

19 December, 2018

Former Fairfax exec Harsha Raghavan floats maiden PE fund

Harsha Raghavan, who spearheaded Canadian investment giant Fairfax’s India private equity wing till early this year, has...

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