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

CreditAccess Grameen IPO crosses one-third mark on second day

Finance

09 August, 2018

CreditAccess Grameen IPO crosses one-third mark on second day

The initial public offering (IPO) of CreditAccess Grameen Ltd crossed the one-third mark on the second day of the issue ......

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IL&FS PE to fold Euronext-listed real estate investment platform

Finance

09 August, 2018

IL&FS PE to fold Euronext-listed real estate investment platform

IL&FS Investment Managers is set to bring the curtains down on one of its key real estate investment vehicles, as ......

Franklin Templeton Investments floats alternative investment fund

Finance

08 August, 2018

Franklin Templeton Investments floats alternative investment fund

Franklin Templeton Mutual Fund has launched an alternative investment fund (AIF), India’s eighth-largest asset management...

IIFL AMC appoints DSP BlackRock's Anup Maheshwari as joint CEO and CIO

Finance

31 July, 2018

IIFL AMC appoints DSP BlackRock's Anup Maheshwari as joint CEO and CIO

IIFL Asset Management Company (AMC) said on Tuesday it has hired DSP BlackRock Investment Managers’ Anup Maheshwari as joint...

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How a glut of India deals offers a glimpse into TPG's strategy

Finance

24 July, 2018

How a glut of India deals offers a glimpse into TPG's strategy

Until last week, US-based private equity firm TPG’s bets on India-related businesses had never crossed $300 million. Last...

Bahrain private equity firm Investcorp hunts for deals in India, China

Finance

08 August, 2018

Bahrain private equity firm Investcorp hunts for deals in India, China

Investcorp is exploring investment opportunities in China, India and Saudi Arabia, its co-chief executive said on Wednesday. The...

CreditAccess Grameen's IPO crosses one-fourth mark on first day

Finance

08 August, 2018

CreditAccess Grameen's IPO crosses one-fourth mark on first day

Microlender CreditAccess Grameen Ltd has raised Rs 339.4 crore ($49.5 million) from anchor investors including a local alternative investment fund ......

PNB plans asset sales to revive fortunes after second straight quarterly loss

Finance

07 August, 2018

PNB plans asset sales to revive fortunes after second straight quarterly loss

India's Punjab National Bank reported a second straight quarterly loss on Tuesday as it earmarked more funds to cover a ......

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PE firm Advent eyeing best-ever India returns as ASK Investment files for IPO

Finance

07 August, 2018

PE firm Advent eyeing best-ever India returns as ASK Investment files for IPO

US-headquartered private equity firm Advent International is poised to score its best-ever returns from an Indian portfolio firm...

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Fund Scan: For Lightbox, ‘less is more' is a mantra to live by

Finance

07 August, 2018

Fund Scan: For Lightbox, ‘less is more' is a mantra to live by

Four years and $100 million. Presented with those numbers, most venture capital firms would likely have spread their bets and...

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