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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 strikes another profitable exit with partial stake sale in Equitas

Finance

20 August, 2018

IFC strikes another profitable exit with partial stake sale in Equitas

International Finance Corporation (IFC), the World Bank’s private-sector investment arm, has walked away with above-benchmark...

WestBridge consortium to acquire PE-backed insurer Star Health

Finance

18 August, 2018

WestBridge consortium to acquire PE-backed insurer Star Health

A consortium of private equity firms WestBridge Capital, Madison Capital and stock market investor Rakesh Jhunjhunwala has agreed...

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Apax bets on another Indian home finance company

Finance

17 August, 2018

Apax bets on another Indian home finance company

Global private equity firm Apax Partners, which had gone slow for two years in sewing deals in the country but ......

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Anand Rathi Group set to take wealth management unit public

Finance

16 August, 2018

Anand Rathi Group set to take wealth management unit public

Financial services major Anand Rathi Group is looking to take its wealth management arm public in the current financial year ......

Matrix Partners raises $300 mn for third India fund

Finance

16 August, 2018

Matrix Partners raises $300 mn for third India fund

Multi-stage investment firm Matrix Partners has raised $300 million (Rs 2,100 crore) for its third India-dedicated fund. The...

Will Project Sashakt help expedite resolution of stressed assets?

Finance

16 August, 2018

Will Project Sashakt help expedite resolution of stressed assets?

About two dozen Indian banks have signed inter-creditor agreements as part of Project Sashakt, a five-pronged framework aimed at fast-tracking ......

India's trade deficit widens to five-year high in July

Economy

14 August, 2018

India's trade deficit widens to five-year high in July

India's trade deficit widened to a more than five year high of $18.02 billion in July, the trade ministry said ......

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PE funds taking on strategic buyers for control deals: DSK Legal's Kishanchandani

Finance

14 August, 2018

PE funds taking on strategic buyers for control deals: DSK Legal's Kishanchandani

Satish Kishanchandani, co-founding partner at DSK Legal, has been practicing law for almost three decades. He has spent over 16 ......

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With mountain of dry powder, private equity firm WestBridge tweaks its structure

Finance

14 August, 2018

With mountain of dry powder, private equity firm WestBridge tweaks its structure

WestBridge Capital Partners, which has so far been investing via an offshore evergreen fund, has formed a local investment vehicle,...

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Investor-cum-developer IREO on the block amid fraud allegations

Finance

14 August, 2018

Investor-cum-developer IREO on the block amid fraud allegations

A change of guard may be in the offing at IREO as the real estate investment firm considers the possibility ......

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