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Finance

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

Govt set to inject $1.65 bn into fraud-hit PNB, four other banks

Finance

18 July, 2018

Govt set to inject $1.65 bn into fraud-hit PNB, four other banks

India's government will inject a total 113.36 billion rupees ($1.65 billion) in five state-run banks, including fraud-hit Punjab National Bank, ......

HDFC Asset Management seeks $3.4 bn valuation in IPO

Finance

17 July, 2018

HDFC Asset Management seeks $3.4 bn valuation in IPO

Mutual fund company HDFC Asset Management Co Ltd is seeking a valuation of as much as Rs 23,161 crore ($3.4 ......

How can fintech startups meet the payments needs of rural India?

Finance

17 July, 2018

How can fintech startups meet the payments needs of rural India?

A large part of India’s population still doesn’t have access to banking services despite the government's efforts to boost financial ......

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Meet the domestic investment banks leading India's IPO charge

Finance

17 July, 2018

Meet the domestic investment banks leading India's IPO charge

Domestic investment banks continue to spearhead efforts by Indian companies to go public, with the country’s primary market on the ......

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Why taking over IDBI Bank may be a bad deal for LIC

Finance

16 July, 2018

Why taking over IDBI Bank may be a bad deal for LIC

When all else fails, complicate matters. Aaron Allston, the American science fiction author best known for Star Wars novels, is ......

Blume Ventures ties up with two US firms for startup accelerator, funding platform

Finance

16 July, 2018

Blume Ventures ties up with two US firms for startup accelerator, funding platform

Early-stage venture capital firm Blume Ventures has teamed up with two US-based funds to launch an accelerator-cum-fund platform to invest ......

LIC board approves taking majority stake in IDBI Bank

Finance

16 July, 2018

LIC board approves taking majority stake in IDBI Bank

The Life Insurance Corporation of India's board has approved raising its stake in state-run IDBI Bank to 51 percent, Economic ......

Dubai PE firm Abraaj's founder gets court breather, to settle $300 mn loan

Finance

16 July, 2018

Dubai PE firm Abraaj's founder gets court breather, to settle $300 mn loan

A United Arab Emirates court on Sunday dismissed a criminal case against the founder of private equity firm Abraaj, Arif ......

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How much IFC made by partially exiting AU Small Finance Bank

Finance

13 July, 2018

How much IFC made by partially exiting AU Small Finance Bank

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, has harvested stellar returns by...

TA Associates invests in mutual fund distributor Prudent Corporate

Finance

13 July, 2018

TA Associates invests in mutual fund distributor Prudent Corporate

US-based private equity investor TA Associates said it has bought a minority stake in Prudent Corporate Advisory Services Ltd, an ......

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