Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
India's trade deficit widens to $13.7 bn in April
India’s trade deficit slightly widened to $13.72 billion in April from $13.25 billion a year ago, government data showed on ......
Finance
Northern Arc Investment raising up to $38 mn in sixth debt fund
Asset management firm Northern Arc Investment Managers Pvt. Ltd aims to raise as much as Rs 250 crore ($38 million) for ......
Finance
Inventus set for first close of India-only VC fund
Early-stage investment firm Inventus Capital Partners, which invests in Indian and US startups and had spliced up its latest fund ......
Finance
Punjab National Bank posts $2 bn loss for Jan-March on Nirav Modi scam
Punjab National Bank, the fourth-biggest Indian lender by assets, posted a $1.98 billion fourth-quarter net loss after being hit by ......
Finance
IIM Ahmedabad incubator hits first close of Bharat Inclusion Seed Fund
The incubation centre at the Indian Institute of Management, Ahmedabad, has launched a $25 million (Rs 169 crore) initiative to ......
Finance
Essel Group to acquire majority stake in LKP Finance
Media baron Subhash Chandra’s Essel Group has agreed to acquire a majority stake in Mumbai-listed non-bank lender LKP Finance Ltd.Dakshin ......
Finance
AION-controlled Clix Capital hires bankers to raise growth capital
Clix Capital Services Pvt. Ltd, a non-bank lender majority owned by private equity firm AION Capital Partners Ltd, plans to ......
Finance
Govt seeks ouster of Allahabad Bank CEO, two PNB execs over Nirav Modi fraud case
India is taking steps to oust three bank executives, its banking secretary said on Monday, after police issued a list ......
Finance
True North to pick up 26% stake in Federal Bank's NBFC
Homegrown private equity firm True North is set to acquire 26% stake in Fedbank Financial Services Ltd (Fedfina), a non-banking ......
Finance
Everstone-backed IndoStar Capital's IPO sails through on final day
Everstone Capital-backed non-banking financial company IndoStar Capital Finance Ltd saw a strong turnout for its initial public offering (IPO) in ......
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