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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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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 ......

Former Twitter Asia head Shailesh Rao to lead TPG Growth, Rise Fund in India

Finance

05 September, 2018

Former Twitter Asia head Shailesh Rao to lead TPG Growth, Rise Fund in India

US-based buyout firm TPG Capital has named Shailesh Rao as the India and Southeast Asia head of its mid-market and ......

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SAIF Partners adds to PIPE portfolio by betting on financial services firm

Finance

04 September, 2018

SAIF Partners adds to PIPE portfolio by betting on financial services firm

Venture capital and growth-equity investment firm SAIF Partners has picked up a stake in a financial services company to mark...

India finance ministry tries to calm investors as SEBI rule changes spook markets

Finance

04 September, 2018

India finance ministry tries to calm investors as SEBI rule changes spook markets

Overseas investors of Indian origin are allowed to buy up to 5 percent in any security under current regulations, India's...

Are NBFCs benefiting from Indian banks' bad-loan problems?

Finance

04 September, 2018

Are NBFCs benefiting from Indian banks' bad-loan problems?

Riddled with scams and weighed down by toxic loans, most large banks are shying from lending directly to customers. Instead, ......

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