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Finance

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

True North to pick up 17.4% stake in Federal Bank unit

Finance

15 November, 2018

True North to pick up 17.4% stake in Federal Bank unit

Homegrown private equity firm True North is set to pick up a 17.4% stake in Fedbank Financial Services Ltd (Fedfina) ......

Bain Capital Ventures raises $1 bn fund to back startups

Finance

15 November, 2018

Bain Capital Ventures raises $1 bn fund to back startups

Bain Capital Ventures, the venture capital division of the eponymous Boston-based investment firm, said it has raised a new $1...

Ashok Chawla resigns as YES Bank's part-time chairman

Finance

14 November, 2018

Ashok Chawla resigns as YES Bank's part-time chairman

YES Bank said on Wednesday Ashok Chawla has resigned as the non-executive part-time chairman with immediate effect. The private-sector...

IFC may back Phoenix for agri supply-chain investments in India, other regions

Consumer

14 November, 2018

IFC may back Phoenix for agri supply-chain investments in India, other regions

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, plans to provide up to $20 million...

Ageas to acquire 40% stake in Royal Sundaram General Insurance

Finance

14 November, 2018

Ageas to acquire 40% stake in Royal Sundaram General Insurance

Belgium’s Ageas Insurance has agreed to buy a 40% stake in Royal Sundaram General Insurance Co. Ltd for Rs 1,520 ......

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Adani Capital offers structured finance to construction materials firm

Finance

14 November, 2018

Adani Capital offers structured finance to construction materials firm

Adani Capital, the financial services arm of the diversified Adani Group, has invested in a company which makes building materials,...

China's ICBC Bank sets up $200-mn fund to invest in small Indian businesses

Finance

13 November, 2018

China's ICBC Bank sets up $200-mn fund to invest in small Indian businesses

China's biggest lender has set up a $200-million fund through which its local arm will invest in India's small- and ......

Capria's emerging markets $100 mn fund-of-funds marks first close

Finance

13 November, 2018

Capria's emerging markets $100 mn fund-of-funds marks first close

Global impact investment firm Capria said on Tuesday it has marked the first close of its $100-million emerging markets fund-of-funds...

IndusInd Bank calls off acquisition of IL&FS' securities services arm

Finance

13 November, 2018

IndusInd Bank calls off acquisition of IL&FS' securities services arm

Private-sector lender IndusInd Bank Ltd has terminated its agreement to acquire IL&FS Securities Services Ltd (ISSL) from...

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In Charts: How corporate tax collections grew during Modi regime

Finance

13 November, 2018

In Charts: How corporate tax collections grew during Modi regime

Between April and September this financial year, the government has collected Rs 2.44 trillion in corporate taxes, according to...

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