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

Iron Pillar marks final close of debut mid-stage tech VC fund

Finance

05 October, 2018

Iron Pillar marks final close of debut mid-stage tech VC fund

Venture capital firm Iron Pillar, which provides growth capital to mid-stage tech companies in India, has marked the final close...

RBI springs surprise by keeping repo rate unchanged, rupee tumbles to record low

Economy

05 October, 2018

RBI springs surprise by keeping repo rate unchanged, rupee tumbles to record low

The Reserve Bank of India held its policy rate unchanged, surprising most analysts who had expected a rate increase to ......

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Valuation in food, consumer segments high: Prestellar Ventures' Rabindra Shrestha

Finance

05 October, 2018

Valuation in food, consumer segments high: Prestellar Ventures' Rabindra Shrestha

Singapore-based $100-million private equity fund Prestellar Ventures, which largely focusses on the South Asian region, struck its debut India deal ......

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Fund Scan: TPG puts pedal to the metal as it rewrites India playbook

Finance

05 October, 2018

Fund Scan: TPG puts pedal to the metal as it rewrites India playbook

In late 2010, a few years before stressed assets and private equity investors’ interest in debt-laden companies started...

How Chanda Kochhar and other outgoing bank CEOs fared during their tenures

Finance

04 October, 2018

How Chanda Kochhar and other outgoing bank CEOs fared during their tenures

There’s an undeniable churn in the leadership of India's biggest private-sector banks. Chanda Kochhar’s rather...

Piramal's Khushru Jijina on housing market, growing demand for debt and more

Finance

04 October, 2018

Piramal's Khushru Jijina on housing market, growing demand for debt and more

India’s real estate industry has been going through a slowdown for the past few years, though there have been pockets ......

Chanda Kochhar quits ICICI Bank, Sandeep Bakhshi new CEO

Finance

04 October, 2018

Chanda Kochhar quits ICICI Bank, Sandeep Bakhshi new CEO

ICICI Bank Ltd said on Thursday it has appointed Sandeep Bakhshi as Chief Executive Officer to replace Chanda Kochhar, who ......

India services activity drops to four-month low in September

Economy

04 October, 2018

India services activity drops to four-month low in September

Activity in India's dominant services sector eased to a four-month low in September on dwindling demand, while intensifying...

Blume Ventures hits first close of third VC fund, raises half of targeted corpus

Finance

04 October, 2018

Blume Ventures hits first close of third VC fund, raises half of targeted corpus

Blume Ventures said on Thursday it has marked the first close of its third fund, joining a list of venture ......

Alteria Capital marks second close of debut venture debt fund

Finance

04 October, 2018

Alteria Capital marks second close of debut venture debt fund

Venture debt firm Alteria Capital has hit the second close of its debut fund at Rs 625 crore ($85 million) ......

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