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Finance

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

Edelweiss' private-credit fund raises $1.3 bn for investment in stressed assets

Finance

17 January, 2019

Edelweiss' private-credit fund raises $1.3 bn for investment in stressed assets

Edelweiss Alternative Asset Advisors Ltd, a unit of Edelweiss Financial Services Ltd, has raised Rs 9,200 crore ($1.3 billion)...

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Samara Capital gears up to float new investment vehicle

Finance

17 January, 2019

Samara Capital gears up to float new investment vehicle

Mid-market private equity firm Samara Capital, which stepped on the gas last year with a number of deals in sectors ......

SBI puts its entire loan exposure to debt-laden Essar Steel on the block

Finance

16 January, 2019

SBI puts its entire loan exposure to debt-laden Essar Steel on the block

State Bank of India (SBI) has put its entire loan exposure to debt-laden Essar Steel Ltd worth Rs 15,431 crore ......

Former PepsiCo CEO Indra Nooyi in the running to become World Bank chief

Finance

16 January, 2019

Former PepsiCo CEO Indra Nooyi in the running to become World Bank chief

The White House is considering former PepsiCo Inc (PEP.O) Chief Executive Indra Nooyi, Treasury Department official David Malpass...

India's trade deficit narrows to 10-month low in December

Economy

15 January, 2019

India's trade deficit narrows to 10-month low in December

India's trade deficit narrowed to $13.08 billion in December, the lowest in 10 months, due to a fall in gold ......

Investcorp, Coller Capital form $1 bn European private equity fund

Finance

14 January, 2019

Investcorp, Coller Capital form $1 bn European private equity fund

Bahrain-based alternative investment manager Investcorp INVB.BH said on Monday it was forming a $1 billion European private equity...

DMI Finance raises $230 mn to grow retail lending

Finance

14 January, 2019

DMI Finance raises $230 mn to grow retail lending

Non-banking financial company DMI Finance Pvt. Ltd has raised $230 million (Rs 1,600 crore) in equity capital from majority investor...

India's retail inflation drops to 2.19% in December; WPI inflation at eight-month low

Economy

14 January, 2019

India's retail inflation drops to 2.19% in December; WPI inflation at eight-month low

India's annual wholesale price inflation eased to an eight month low of 3.80 percent in December, helped by a smaller ......

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Why DFIs are doubling down on exposure to India-focussed PE, VC funds

Finance

14 January, 2019

Why DFIs are doubling down on exposure to India-focussed PE, VC funds

At a time when pension funds and other categories of foreign institutional investors seem more intent on direct investments instead...

Retired SC judge should monitor all IL&FS asset sale proceedings: NCLAT

Finance

11 January, 2019

Retired SC judge should monitor all IL&FS asset sale proceedings: NCLAT

The National Company Law Appellate Tribunal (NCLAT) on Friday recommended that all future proceedings pertaining to the transfer...

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