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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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Former Clix Capital executive gets funding for SME-focussed NBFC

Finance

13 November, 2018

Former Clix Capital executive gets funding for SME-focussed NBFC

A former executive at AION Capital-backed Clix Capital Services Pvt. Ltd has joined as the head of a non-banking finance ......

IndiaNivesh marks first close for turnaround  fund

Finance

13 November, 2018

IndiaNivesh marks first close for turnaround fund

Homegrown private investment firm IndiaNivesh has marked the first close for its maiden turnaround fund, top executives said. The...

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State Bank of India gears up for IPO of PE-backed general insurance unit

Finance

13 November, 2018

State Bank of India gears up for IPO of PE-backed general insurance unit

State Bank of India (SBI) is preparing to list its general insurance arm on stock exchanges next fiscal year and ......

IL&FS to explore sale of two financial services assets

Finance

12 November, 2018

IL&FS to explore sale of two financial services assets

Debt-laden Infrastructure Leasing and Financial Service (IL&FS) has initiated steps to explore the sale of certain assets,...

India's retail inflation eases to 3.3% in Oct; industrial output up 4.5% in Sept

Finance

12 November, 2018

India's retail inflation eases to 3.3% in Oct; industrial output up 4.5% in Sept

India's retail inflation rate eased to 3.31 percent in October from a year earlier, government data showed on Monday, helped...

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US stressed assets firm picks up stake in ARCIL as sovereign wealth fund exits

Finance

12 November, 2018

US stressed assets firm picks up stake in ARCIL as sovereign wealth fund exits

Asset Reconstruction Company (India) Ltd (ARCIL) announced on Monday that it will sell an unspecified stake to Avenue Capital,...

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Rabo Equity to raise new fund, appoints new managing director

Finance

12 November, 2018

Rabo Equity to raise new fund, appoints new managing director

Homegrown private equity firm Rabo Equity Advisors Pvt. Ltd, which invests in the food and agriculture sectors, plans to launch...

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Valuation the biggest challenge for investing in India: Proparco's Philippe Serres

Finance

12 November, 2018

Valuation the biggest challenge for investing in India: Proparco's Philippe Serres

Proparco SA, the private-sector financing arm of French development finance institution Agence Francaise de Development, has committed around half-a-billion dollars ......

India to sell 'enemy shares' to bridge revenue shortfall

Economy

09 November, 2018

India to sell 'enemy shares' to bridge revenue shortfall

India’s government said it will sell stocks worth millions of dollars seized from people who moved to Pakistan following...

US Fed leaves rates unchanged but on track for further tightening

Economy

09 November, 2018

US Fed leaves rates unchanged but on track for further tightening

The U.S. Federal Reserve held interest rates steady on Thursday but remained on track to keep gradually tightening borrowing costs,...

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