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

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 ......

RBL Bank ups stake in Swadhaar FinServe to 100%

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 ......

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

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

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 ......

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

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 ......

State insurance firms seek bids from consultants for merger

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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Mid-market segment will see lot of packaged M&As: I-banker Mahesh Singhi

Finance

27 June, 2018

Mid-market segment will see lot of packaged M&As: I-banker Mahesh Singhi

Over the past two decades investment banking firm Singhi Advisors has advised on multiple cross-border transactions, deals involving family owned ......

Generali to increase stake in insurance JVs with Future Group

Finance

27 June, 2018

Generali to increase stake in insurance JVs with Future Group

Italian insurer Generali Group is set to increase its stake in two insurance joint ventures with the Kishore Biyani-led Future ......

Emerging markets PE firm Abraaj's founder faces arrest in UAE for bounced cheque

Finance

26 June, 2018

Emerging markets PE firm Abraaj's founder faces arrest in UAE for bounced cheque

Authorities in the United Arab Emirates have issued arrest warrants for the founder of private equity firm Abraaj and another ......

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Kedaara, Helion to part-exit microlender Spandana Sphoorty via IPO

Finance

26 June, 2018

Kedaara, Helion to part-exit microlender Spandana Sphoorty via IPO

Microfinance lender Spandana Sphoorty Financial Ltd has filed its draft prospectus with Securities and Exchange Board of India...

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