Finance

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

Insurance regulator allows LIC to hike stake in IDBI Bank to 51%: Reports

Finance

29 June, 2018

Insurance regulator allows LIC to hike stake in IDBI Bank to 51%: Reports

India's insurance regulator has allowed the country's largest state-run insurer Life Insurance Corporation (LIC) to buy a stake of up ......

Finance

29 June, 2018

Fairfax India raises $550 mn in debt

Canadian billionaire Prem Watsa’s Fairfax India Holdings Corporation announced on Friday that it had raised $550 million (around Rs 3,700 ......

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Finance

28 June, 2018

PE firm Lighthouse increases stake in V2 Retail

Mid-market private equity firm Lighthouse Advisors India Pvt. Ltd has hiked its stake in listed retail chain V2 Retail Ltd.Delhi-based ......

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Finance

28 June, 2018

How Tata Group is streamlining its private equity biz

Tata Capital, the flagship financial services firm of the diversified Tata Group, is winding down its special situations fund as ......

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Finance

28 June, 2018

Peek at CDC's bets as a limited partner on India-related PE and VC firms

CDC Group Plc has backed more than 50 private equity and venture capital funds that invest in India since it ......

Finance

28 June, 2018

RBL Bank ups stake in Swadhaar FinServe to 100%

Private-sector lender RBL Bank Ltd has acquired the 39.52% stake it doesn’t already own in Mumbai-based financial products distribution unit ......

Finance

28 June, 2018

Fairfax-backed Go Digit to acquire ITI Reinsurance from Fortune Financial

India-born Canadian billionaire Prem Watsa-led Fairfax Financial Holdings Ltd has taken another step to establish its presence in the South ......

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Finance

28 June, 2018

How the frustration of buying stressed assets in India is deterring PE funds

In March, Dalmia Bharat Ltd and a joint fund of private equity firm Bain Capital and Piramal Enterprises Ltd won ......

Finance

28 June, 2018

Why rupee's drop below 69 to a dollar for first time will hurt India

On Thursday, the Indian rupee breached the psychologically significant mark of 69 to a US dollar for the first time ......

Finance

28 June, 2018

State insurance firms seek bids from consultants for merger

Three Indian state-owned non-life insurance companies, which the government plans to merge into a single company, sought interest on Thursday ......

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