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Finance

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

PNB MetLife India Insurance gets SEBI nod to float IPO

Finance

05 November, 2018

PNB MetLife India Insurance gets SEBI nod to float IPO

PNB MetLife India Insurance Co. Ltd, which is among India’s top 10 life insurers by market share, has received regulatory...

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US-based emerging markets investor raising fund to make India bets

Finance

05 November, 2018

US-based emerging markets investor raising fund to make India bets

An emerging markets investment firm, which bets on Latin American companies, is raising a fund to invest in India and ......

SoftBank Q2 profit soars 78% on Flipkart stake sale, Oyo valuation gain

Finance

05 November, 2018

SoftBank Q2 profit soars 78% on Flipkart stake sale, Oyo valuation gain

SoftBank Group Corp’s profit for the quarter through September jumped 78%, helped by gains from the sale of its stake ......

Aavishkaar to raise $300 mn for Southeast Asia investments

Finance

05 November, 2018

Aavishkaar to raise $300 mn for Southeast Asia investments

Impact investment firm Aavishkaar Venture Management Services Ltd is planning to raise $300 million (Rs 2,100 crore) to invest...

India October services output growth quickens to three-month high

Economy

05 November, 2018

India October services output growth quickens to three-month high

Activity in India’s dominant services sector increased at its fastest pace in three months in October, driven by a strong...

ShareChat investor Shunwei Capital raises $1.21 bn in new funds

Finance

05 November, 2018

ShareChat investor Shunwei Capital raises $1.21 bn in new funds

Chinese venture capital firm Shunwei Capital, which has invested in Indian startups such as ShareChat, Vokal and myUpchar, has...

RBI tweaks norms to help NBFCs refinance debt

Finance

02 November, 2018

RBI tweaks norms to help NBFCs refinance debt

The Reserve Bank of India (RBI) said late on Friday it would allow banks to partially stand-in as guarantors for ......

ITI group's debut venture capital fund marks first close

Finance

02 November, 2018

ITI group's debut venture capital fund marks first close

The Investment Trust of India (ITI), a financial services group backed by Sun Pharmaceutical Industries Ltd director Sudhir Valia,...

PNB posts third straight quarterly loss on fraud-related provisions

Finance

02 November, 2018

PNB posts third straight quarterly loss on fraud-related provisions

Punjab National Bank (PNB) reported a third straight quarterly loss on Friday as it set aside more money to account ......

Why PM Modi wants to increase control over the RBI

Economy

02 November, 2018

Why PM Modi wants to increase control over the RBI

An incendiary speech by a top Reserve Bank of India (RBI) official last Friday blew the lid off an increasingly ......

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