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

Bank of America seals its biggest distressed asset deal in India

Finance

20 March, 2019

Bank of America seals its biggest distressed asset deal in India

Bank of America has sealed its biggest deal in India's stressed assets segment, with the investment banking giant buying bad...

Temasek names Dilhan Pillay new CEO of investment arm

Finance

19 March, 2019

Temasek names Dilhan Pillay new CEO of investment arm

Singapore state firm Temasek Holdings Pte Ltd has appointed Dilhan Pillay Sandrasegara as the chief executive officer of its wholly...

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Oman India Joint Investment Fund to pick up stake in IPO-bound firm

Finance

19 March, 2019

Oman India Joint Investment Fund to pick up stake in IPO-bound firm

Mid-market private equity firm Oman India Joint Investment Fund (OIJIF) has inked a second consecutive deal in the financial services...

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ARCs, stressed asset investors look for deals as banks auction $3.6 bn of bad loans

Finance

19 March, 2019

ARCs, stressed asset investors look for deals as banks auction $3.6 bn of bad loans

Asset reconstruction companies (ARCs) and other investors may pursue distressed assets more actively in coming weeks as banks...

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Evolvence India Fund eyes milestone for new vehicle, tweaks strategy

Finance

19 March, 2019

Evolvence India Fund eyes milestone for new vehicle, tweaks strategy

Evolvence India Fund has hit the road for its third India-focussed private equity fund-of-funds and co-investment platform, a...

Leo Puri to head Northern Arc Capital board

Finance

18 March, 2019

Leo Puri to head Northern Arc Capital board

Leo Puri, former managing director of UTI Asset Management Company (or UTI Mutual Fund), has joined the board of Chennai-based...

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Anshu Jain-backed InCred Finance explores sale of housing finance unit

Finance

18 March, 2019

Anshu Jain-backed InCred Finance explores sale of housing finance unit

Non-banking financial company InCred Finance is in talks with private equity firms and strategic investors to offload its housing...

RCom calls off asset sale to Reliance Jio, settles dues with Ericsson

Finance

18 March, 2019

RCom calls off asset sale to Reliance Jio, settles dues with Ericsson

Swedish telecom equipment maker Ericsson has received 4.62 billion rupees ($67.42 million) from Indian telecoms firm Reliance...

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Fund Scan: Is TVS Capital's ‘designed for India' strategy working wonders?

Finance

18 March, 2019

Fund Scan: Is TVS Capital's ‘designed for India' strategy working wonders?

In his first outing after floating TVS Capital Funds Ltd in 2007, Gopal Srinivasan secured commitments from as many as ......

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Triodos' Dirk Elsen on emerging markets game plan, India microfinance bets and more

Finance

18 March, 2019

Triodos' Dirk Elsen on emerging markets game plan, India microfinance bets and more

Triodos Investment Management, the fund management unit of Dutch lender Triodos Bank, has been making impact investments for 25 years ......

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