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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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Veteran equity capital market I-banker joins conglomerate

Finance

16 November, 2018

Veteran equity capital market I-banker joins conglomerate

A veteran investment banker has moved to join a diversified Indian conglomerate as the financial chief of its wholly-owned subsidiary. ...

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Company watch: PE-backed Radiant Cash battles thinning margins, regulatory woes

Finance

16 November, 2018

Company watch: PE-backed Radiant Cash battles thinning margins, regulatory woes

In April, the Reserve Bank of India notified norms for banks to employ cash management services companies. The norms added ......

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Top Edelweiss stressed assets executive quits to join corporate house

Finance

16 November, 2018

Top Edelweiss stressed assets executive quits to join corporate house

A senior executive from Edelweiss Alternative Asset Advisors Ltd has stepped down to join a Bengaluru-based family run group of...

RTP Global hires former Sistema Asia Fund exec Kirill Kozhevnikov

Finance

16 November, 2018

RTP Global hires former Sistema Asia Fund exec Kirill Kozhevnikov

Russian venture capital firm RTP Global, which was known as ru-Net until last month, has hired a former executive at ......

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GIC hikes stake in CPPIB-backed Kotak Mahindra Bank

Finance

15 November, 2018

GIC hikes stake in CPPIB-backed Kotak Mahindra Bank

Singapore’s sovereign wealth fund GIC has increased its shareholding in Kotak Mahindra Bank Ltd while Scottish investment...

True North to pick up 17.4% stake in Federal Bank unit

Finance

15 November, 2018

True North to pick up 17.4% stake in Federal Bank unit

Homegrown private equity firm True North is set to pick up a 17.4% stake in Fedbank Financial Services Ltd (Fedfina) ......

Bain Capital Ventures raises $1 bn fund to back startups

Finance

15 November, 2018

Bain Capital Ventures raises $1 bn fund to back startups

Bain Capital Ventures, the venture capital division of the eponymous Boston-based investment firm, said it has raised a new $1...

Ashok Chawla resigns as YES Bank's part-time chairman

Finance

14 November, 2018

Ashok Chawla resigns as YES Bank's part-time chairman

YES Bank said on Wednesday Ashok Chawla has resigned as the non-executive part-time chairman with immediate effect. The private-sector...

IFC may back Phoenix for agri supply-chain investments in India, other regions

Consumer

14 November, 2018

IFC may back Phoenix for agri supply-chain investments in India, other regions

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, plans to provide up to $20 million...

Ageas to acquire 40% stake in Royal Sundaram General Insurance

Finance

14 November, 2018

Ageas to acquire 40% stake in Royal Sundaram General Insurance

Belgium’s Ageas Insurance has agreed to buy a 40% stake in Royal Sundaram General Insurance Co. Ltd for Rs 1,520 ......

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