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

Bharat Hotels, PE-backed Spandana Spoorthy get SEBI nod to float IPO

Finance

17 October, 2018

Bharat Hotels, PE-backed Spandana Spoorthy get SEBI nod to float IPO

Private equity investors-backed microfinance lender Spandana Spoorthy Financial Ltd and Bharat Hotels, which owns and operates...

Sequoia Capital to split India investment team into venture and growth

Finance

17 October, 2018

Sequoia Capital to split India investment team into venture and growth

Sequoia Capital India, which has lost some top-level executives over the past few months, is splitting its investment team into...

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BanyanTree Capital loses senior executives

Finance

17 October, 2018

BanyanTree Capital loses senior executives

Mid-market private equity firm BanyanTree Capital, which is raising its third India-focussed fund, has lost three executives in...

IIFL Wealth to acquire south India-focussed wealth management firm for $35 mn

Finance

16 October, 2018

IIFL Wealth to acquire south India-focussed wealth management firm for $35 mn

IIFL Wealth Management Ltd, a unit of financial services company IIFL Holdings, will acquire 100% stake in Chennai-based wealth...

IIFL's PE fund to invest in former Can Fin Homes CEO's new housing finance firm

Finance

16 October, 2018

IIFL's PE fund to invest in former Can Fin Homes CEO's new housing finance firm

IIFL Asset Management Ltd,  a unit of financial services firm IIFL Holdings, is investing Rs 100 crore ($13.6 million) in...

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India Alternatives, IIFL pre-IPO fund back financial services company

Finance

15 October, 2018

India Alternatives, IIFL pre-IPO fund back financial services company

Private equity firm India Alternatives Investment Advisors Ltd and IIFL Asset Management Pvt. Ltd have invested in a financial...

India's trade deficit hits lowest level in five months

Economy

15 October, 2018

India's trade deficit hits lowest level in five months

India's September trade deficit hit its lowest level in five months at $13.98 billion, the trade ministry said in a ......

Saudi Arabia's ICD shelves $1 bn fund with IL&FS PE

Finance

15 October, 2018

Saudi Arabia's ICD shelves $1 bn fund with IL&FS PE

The Saudi-based Islamic Corporation for the Development of the Private Sector (ICD) said on Monday it had halted plans for ......

KKR looks to buy assets from Indian NBFCs

Finance

12 October, 2018

KKR looks to buy assets from Indian NBFCs

U.S. private equity firm KKR & Co Inc is seeking to buy assets from Indian non-banking finance firms as it ......

India's retail inflation rises to 3.77% in Sept; industrial output up 4.3% in July

Economy

12 October, 2018

India's retail inflation rises to 3.77% in Sept; industrial output up 4.3% in July

India's retail inflation rate slightly picked up to 3.77 percent in September, government data showed on Friday, driven...

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