Finance

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

Finance

31 October, 2018

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...

• Ranjani Raghavan

Finance

31 October, 2018

TPG Growth leads $42 mn investment round in Ess Kay Fincorp

TPG Growth has led a $42 million (Rs 311 crore) funding round in non-banking finance company Ess Kay Fincorp Ltd. Existing...

• Keshav Sunkara

Finance

31 October, 2018

NIIF to buy IDFC's infra fund biz in maiden control deal

India’s National Investment and Infrastructure Fund (NIIF) has agreed to acquire a majority stake in non-bank lender IDFC...

• Ranjani Raghavan

Economy

31 October, 2018

Govt says RBI autonomy 'essential' amid reports that governor Urjit Patel may resign

Positive SentimentsThe rift between India’s central bank and the government has widened and could lead to the Reserve Bank...

• Reuters

Finance

30 October, 2018

Govt considers outright sale of IL&FS to resolve crisis: Report

Government is examining a complete sale of debt-laden Infrastructure Leasing and Financial Service Ltd (IL&FS), as one of...

• Reuters

Economy

30 October, 2018

Finance minister Jaitley slams RBI as rift between govt, central bank deepens

India’s finance minister Arun Jaitley criticised the Reserve Bank of India (RBI) for failing to prevent lending excess in...

• Reuters

Finance

29 October, 2018

HDFC Bank gets RBI nod to retain Aditya Puri as CEO for two more years

The Reserve Bank of India has allowed HDFC Bank managing director and CEO Aditya Puri to remain at the helm ......

• TEAM VCC

Finance

26 October, 2018

SEBI suggests easier listing rules for startups

The Securities and Exchange Board of India has proposed to ease its regulations for startups to go public, relaxing several ......

• TEAM VCC

Premium

Finance

26 October, 2018

How Alaska oil wealth fund's India exposure changed in FY18

The oil wealth fund of the US state of Alaska gave India the cold shoulder in the year through June, ......

• Ranjani RaghavanKeshav Sunkara

Finance

26 October, 2018

HDFC Bank to buy Axis Bank stake in NSDL for $22 mn

HDFC Bank, India’s largest private-sector bank by assets, will buy a 4.95% stake in National Securities Depository Ltd (NSDL)...

• Ankit Doshi