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Finance

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

Strong domestic demand lifts November services growth to 4-month high

Economy

05 December, 2018

Strong domestic demand lifts November services growth to 4-month high

Business activity in India’s dominant services sector expanded in November at the quickest pace in four months, lifted by...

Axis Capital CEO Dharmesh Mehta resigns

Finance

04 December, 2018

Axis Capital CEO Dharmesh Mehta resigns

Dharmesh Mehta has resigned as the managing director and chief executive officer of Axis Capital. The investment banking firm...

Warburg Pincus strikes maiden MFI deal with bet on Fusion Microfinance

Finance

04 December, 2018

Warburg Pincus strikes maiden MFI deal with bet on Fusion Microfinance

Private equity firm Warburg Pincus is investing Rs 520 crore (around $75 million at current exchange rates) in Delhi-headquartered...

KKR makes two senior hires in bid to scale up India credit ops

Finance

04 December, 2018

KKR makes two senior hires in bid to scale up India credit ops

Global alternative investment firm KKR & Co LP has appointed two senior-level executives to grow its India credit business. The...

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Canada's PSP Investments to step up India play, eyes local PE funds

Finance

04 December, 2018

Canada's PSP Investments to step up India play, eyes local PE funds

Public Sector Pension Investment (PSP Investments), one of Canada’s largest pension funds with more than $153 billion in...

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Former Destimoney executive floats NBFC

Finance

04 December, 2018

Former Destimoney executive floats NBFC

A former top executive at retail financial services firm Destimoney Enterprises Ltd has set up a non-banking financial company...

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Anand Rathi Wealth's proposal to go public hits a snag

Finance

03 December, 2018

Anand Rathi Wealth's proposal to go public hits a snag

Financial services company Anand Rathi Group’s plan to list its wealth management arm has hit a temporary roadblock. The...

Microlenders' gross loan portfolio surges 58% in July-September: MFIN report

Finance

03 December, 2018

Microlenders' gross loan portfolio surges 58% in July-September: MFIN report

The gross loan portfolio of non-banking financial companies-microfinance institutions (NBFC-MFIs) rose to Rs 59,514 crore in the...

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DEG India's Kunal Makkar on financing first-time fund managers, ESG norms & more

Finance

03 December, 2018

DEG India's Kunal Makkar on financing first-time fund managers, ESG norms & more

It’s been nearly two decades since German development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG) first started investing in India. ......

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Exclusive: Equity research firm TrustLine to launch alternative investment fund

Finance

03 December, 2018

Exclusive: Equity research firm TrustLine to launch alternative investment fund

TrustLine Holdings Pvt. Ltd, a Chennai-based firm offering equity research and portfolio management services (PMS), will soon...

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