Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Economy
India's April-Aug fiscal deficit at 94.7% of full-year target
India reported on Tuesday a fiscal deficit of 5.9 trillion rupees ($81.4 billion) for April-August, or 94.7 percent of the ......
Finance
Why affordable housing hasn't really gained traction
Affordable housing has proven to be uneconomical and most action has centered on ‘economic housing’ targeting middle-class population. What more ......
Finance
Anand Rathi Wealth files for $58 mn IPO
Financial services major Anand Rathi Group has filed a draft prospectus to list its wealth management arm through an initial ......
Finance
Top IDFC Bank exec resigns to join i-banking firm
A senior equity capital market executive at Mumbai-listed IDFC Bank has resigned to join one of India’s top investment banking...
Finance
TPG in talks to take over Abraaj's $1 bn healthcare fund
Actis has been picked as the preferred bidder for the management rights of Abraaj's Africa funds, sources familiar with the...
Finance
PremjiInvest, ADIA among anchor investors as Aavas Financiers IPO makes slow start
Aavas Financiers Ltd has raised Rs 520 crore ($71.3 million) by selling shares to a bunch of anchor investors, including ......
Finance
Swiss investor leads Series C funding round in Ummeed Housing Finance
Delhi-based Ummeed Housing Finance Pvt. Ltd has raised Rs 60 crore ($8.3 million) from Zurich-headquartered LGT Impact and Rs...
Finance
IIFL Wealth to buy former employee's fintech startup Altiore
IIFL Wealth Management Ltd, a unit of financial services company IIFL Holdings, has announced in a stock-exchange filing that...
Finance
Top IDBI Capital exec quits to join private-sector bank
A top executive at IDBI Capital Markets & Securities Ltd has quit to join a Mumbai-based bank, in the latest ......
Finance
Unicorn India Ventures ropes in Federal Bank as anchor LP for maiden debt fund
Mumbai-based venture capital firm Unicorn India Ventures announced on Monday that private-sector lender Federal Bank will be the...