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Finance

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

Mitsubishi to invest $25 mn in Shriram's residential project

Finance

06 September, 2018

Mitsubishi to invest $25 mn in Shriram's residential project

South India-based developer Shriram Properties has joined hands with the investment arm of Japanese conglomerate Mitsubishi Corporation...

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Govt to invoke companies law to probe LLPs converted from shell firms

Finance

06 September, 2018

Govt to invoke companies law to probe LLPs converted from shell firms

The government will use a law meant for companies to scrutinise suspicious limited liability partnerships (LLPs) as part of a...

Temasek commits $400 mn to National Investment and Infrastructure Fund

Finance

06 September, 2018

Temasek commits $400 mn to National Investment and Infrastructure Fund

Singapore state investment firm Temasek Holdings has committed to invest up to $400 million (Rs 2,750 crore) in the Master ......

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SBI Caps' top investment banking exec resigns

Finance

06 September, 2018

SBI Caps' top investment banking exec resigns

A top investment banking executive at SBI Capital Markets Ltd, a unit of State Bank of India, has resigned barely ......

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IFC to sell nearly one-third stake in Angel Broking via IPO

Finance

05 September, 2018

IFC to sell nearly one-third stake in Angel Broking via IPO

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, will make a partial exit from Angel...

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Centrum hires Edelweiss veteran to bolster institutional equities, i-banking biz

Finance

05 September, 2018

Centrum hires Edelweiss veteran to bolster institutional equities, i-banking biz

Financial services company The Centrum Group, which counts private equity firm Everstone Capital among its investors, has appointed...

Centrum Financial Services to acquire L&T Finance's supply-chain lending biz

Finance

05 September, 2018

Centrum Financial Services to acquire L&T Finance's supply-chain lending biz

Centrum Financial Services Ltd is set to acquire the Rs 800 crore supply-chain lending business of L&T Finance Ltd, according...

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CLSA hires two execs to strengthen M&A and debt capital market advisory

Finance

05 September, 2018

CLSA hires two execs to strengthen M&A and debt capital market advisory

CLSA India Ltd, a capital market and investment group, is expanding into M&A (merger and acquisition) services and strengthening...

I Squared Capital raises $7 bn for new infrastructure fund

Finance

05 September, 2018

I Squared Capital raises $7 bn for new infrastructure fund

New York-based investment firm I Squared Capital has closed a new infrastructure fund at $7 billion, exceeding its initial target...

India's services growth slows in Aug on weaker demand, rising input prices

Economy

05 September, 2018

India's services growth slows in Aug on weaker demand, rising input prices

India’s dominant services sector expanded at a slower pace last month than in July as weaker demand and rising input ......

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