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

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Mrs. Bector's picks bankers for IPO, ​to file draft papers next month

Finance

26 July, 2018

Mrs. Bector's picks bankers for IPO, ​to file draft papers next month

Biscuit maker Mrs. Bector’s Food Specialties Ltd has hired merchant bankers to help take it public, a person familiar with...

BlackSoil Capital raises $17 mn in Series C round

Finance

26 July, 2018

BlackSoil Capital raises $17 mn in Series C round

Mumbai-based BlackSoil Capital Pvt. Ltd has raised $17 million (Rs 117 crore) from existing investors in a Series C round, ......

HDFC Asset Management IPO fully covered on first day

Finance

25 July, 2018

HDFC Asset Management IPO fully covered on first day

The initial public offering of HDFC Asset Management Co Ltd was fully subscribed on the first day of the issue ......

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Venture ecosystem moving towards cautiously bullish environment: Stellaris' Goyal

Finance

25 July, 2018

Venture ecosystem moving towards cautiously bullish environment: Stellaris' Goyal

Stellaris Venture Partners, which was started by former Helion Ventures investment professionals Ritesh Banglani, Rahul Chowdhri and Alok Goyal, has ......

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Fusion Microfinance scouts for acquisitions to speed up expansion

Finance

23 July, 2018

Fusion Microfinance scouts for acquisitions to speed up expansion

Delhi-headquartered Fusion Microfinance Pvt. Ltd is scouting for acquisitions to expand presence in new regions, its co-founder...

Over 20 Indian banks sign pact for faster bad-loan resolution

Finance

23 July, 2018

Over 20 Indian banks sign pact for faster bad-loan resolution

More than 20 Indian lenders on Monday signed a pact aimed at faster resolution of bad loans, officials said, while ......

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NSR's Saxena, others float blank cheque firm for India M&A

Finance

23 July, 2018

NSR's Saxena, others float blank cheque firm for India M&A

Parag Saxena, a co-founder of Asia-focussed private equity firm New Silk Route (NSR), has floated a blank cheque firm ......

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In Charts: How to read GIC's shifting investment strategy

Finance

20 July, 2018

In Charts: How to read GIC's shifting investment strategy

Singapore’s GIC Pte Ltd, one of the most active sovereign wealth funds in India among its global peers, has gone ......

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How NBFCs are making hay while banks wilt under bad loans

Finance

20 July, 2018

How NBFCs are making hay while banks wilt under bad loans

Adversities often throw up new opportunities, provided someone is smart enough to realise it. India’s non-banking financial companies (NBFCs) capitalising ......

Rupee touches record low of 69.12 against US dollar

Finance

20 July, 2018

Rupee touches record low of 69.12 against US dollar

The Indian rupee hit a record low of 69.13 per dollar in early trade on Friday, tracking weakness in the ......

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