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

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 ......

India's trade deficit widens to highest level in over 5 years

Finance

13 July, 2018

India's trade deficit widens to highest level in over 5 years

India's trade deficit widened to its highest in more than five years in June, the trade ministry said on Friday, ......

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Stepping up direct investments in India, says Temasek

Finance

12 July, 2018

Stepping up direct investments in India, says Temasek

Singapore state investment firm Temasek Holdings Pte Ltd. is increasing its direct bets on Indian companies, buoyed by the long-term ......

SRI Capital marks first close of debut India-US tech VC fund

Finance

12 July, 2018

SRI Capital marks first close of debut India-US tech VC fund

Seed-stage investor SRI Capital has marked the first close of its debut venture capital fund at $40 million (Rs 274 ......

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Creador nears first close of fourth fund after raising bulk of corpus

Finance

12 July, 2018

Creador nears first close of fourth fund after raising bulk of corpus

South- and Southeast-Asia-focused private equity firm Creador has raised a bulk of capital for its fourth fund and will likely ......

BlackRock hits first close of global energy fund at $1.5 bn

Finance

11 July, 2018

BlackRock hits first close of global energy fund at $1.5 bn

BlackRock Inc. is planning to raise $3.5 billion for investments in energy infrastructure in what is poised to be its ......

Microlender Sambandh gets equity funding from Singapore investor

Finance

11 July, 2018

Microlender Sambandh gets equity funding from Singapore investor

Sambandh Finserve Pvt. Ltd has raised $2.5 million (Rs 17.2 crore) in equity funding from Singapore-based Base of Pyramid Asia ......

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