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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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IFCI, SIDBI exiting consulting firms to divest non-core assets

Finance

05 March, 2019

IFCI, SIDBI exiting consulting firms to divest non-core assets

State-run lenders IFCI Ltd and Small Industries Development Bank of India (SIDBI) have put their stakes in several consulting...

Trump plans to end India's preferential trade treatment

Economy

05 March, 2019

Trump plans to end India's preferential trade treatment

U.S. President Donald Trump said on Monday he intends to end India’s preferential trade treatment under a program that allows...

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Emkay Global hires head for investment banking division

Finance

04 March, 2019

Emkay Global hires head for investment banking division

Emkay Global Financial Services Ltd has appointed a head for its investment banking division, a person privy to the development...

Blackstone CEO Schwarzman remains PE industry's top earner for 2018

Finance

04 March, 2019

Blackstone CEO Schwarzman remains PE industry's top earner for 2018

Blackstone Group LP Chief Executive Stephen Schwarzman pocketed at least $567.8 million in 2018 dividends and compensation, making...

KKR poaches Asia investment banking chief of Goldman Sachs

Finance

04 March, 2019

KKR poaches Asia investment banking chief of Goldman Sachs

KKR & Co Inc has poached Kate Richdale, chair of Goldman Sachs Group Inc's investment bank in Asia ex-Japan, boosting...

India needs land, labour reform to boost manufacturing, says top adviser

Economy

04 March, 2019

India needs land, labour reform to boost manufacturing, says top adviser

India's next government will have to bring in land, labour and financial sector reforms to improve the productivity of the...

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Sixth Sense Ventures scores blockbuster returns in secondary deal

Finance

04 March, 2019

Sixth Sense Ventures scores blockbuster returns in secondary deal

Venture capital firm Sixth Sense Ventures has earned multi-bagger returns for a second time by selling the bulk of its ......

IFC proposes to invest in Signature Global's affordable housing project

Finance

04 March, 2019

IFC proposes to invest in Signature Global's affordable housing project

International Finance Corporation (IFC) has proposed to finance an affordable housing project of North India-based developer Signature...

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Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta

Finance

04 March, 2019

Putting onus on borrower is bankruptcy law's biggest plus point: PNB's Sunil Mehta

It has been a year since Punjab National Bank (PNB) revealed that two jewellery groups had swindled the state-run lender ......

Multiples PE set to get IFC's backing for $900-mn third fund

Finance

04 March, 2019

Multiples PE set to get IFC's backing for $900-mn third fund

Private equity firm Multiples Alternate Asset Management Pvt. Ltd (Multiples PE) is aiming to raise as much as Rs 6,530 ......

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