Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
ShareChat investor Shunwei Capital raises $1.21 bn in new funds
Chinese venture capital firm Shunwei Capital, which has invested in Indian startups such as ShareChat, Vokal and myUpchar, has...
Finance
RBI tweaks norms to help NBFCs refinance debt
The Reserve Bank of India (RBI) said late on Friday it would allow banks to partially stand-in as guarantors for ......
Finance
ITI group's debut venture capital fund marks first close
The Investment Trust of India (ITI), a financial services group backed by Sun Pharmaceutical Industries Ltd director Sudhir Valia,...
Finance
PNB posts third straight quarterly loss on fraud-related provisions
Punjab National Bank (PNB) reported a third straight quarterly loss on Friday as it set aside more money to account ......
Economy
Why PM Modi wants to increase control over the RBI
An incendiary speech by a top Reserve Bank of India (RBI) official last Friday blew the lid off an increasingly ......
Finance
How IFC spun $200 mn from financial services portfolio before market downturn
International Finance Corporation (IFC), the private-sector investment arm of the World Bank, partially sold stakes in four Indian...
Finance
Norwest Venture Partners leads Series D investment in Veritas Finance
Multi-stage private investment firm Norwest Venture Partners has led a Series D investment of Rs 200 crore (around $27 million...
Finance
Exclusive: SBI Funds to raise new corpus for stressed assets
SBI Funds Management Pvt. Ltd, the asset management arm of State Bank of India, is raising capital for a new ......
Finance
India jumps to 77th spot on World Bank's Ease of Doing Business list
Long known for its bureaucracy, India has made major strides in improving prospects for businesses in the country, the World ......
Finance
IL&FS board outlines revival plans, rolls out austerity measures
The new board of Infrastructure Leasing and Financial Services Ltd (IL&FS), led by Kotak Mahindra Bank chief executive Uday...
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