Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Japan's Dai-ichi Life picks up stake in Union Bank's mutual fund arm
Japanese life insurance firm Dai-ichi Life Holdings has ventured into the asset management business in India by acquiring 39.62% stake ......
Finance
Bharti Group exits Biyani's non-retail biz arm; Times Group ups stake
Billionaire Sunil Mittal-led Bharti Group, which had merged its retail business with Future Group three years ago, has exited the ......
Finance
IFC plans $150 mn debt investment in HDFC Bank's NBFC unit
International Finance Corporation (IFC), the private-sector investment arm of World Bank, is planning to make a senior debt investment of ......
Finance
CX Partners hits first close for new private equity fund
Homegrown private equity firm CX Partners has marked the first close of its second sector-agnostic fund while trimming its target ......
Finance
In Charts: How trading in corporate bonds has surged in recent years
Indian companies raised a lesser amount by issuing corporate bonds in the year through March due partly to rising yields ......
Finance
CBI files charges against jeweller Mehul Choksi in PNB fraud case
The Central Bureau of Investigation (CBI) has filed charges against five further people including jeweller Mehul Choksi as part of ......
Finance
How the $2-bn PNB fraud choked credit supply to small businesses
When a $2 billion dollar fraud at state-run Punjab National Bank rocked India two months ago, Chetan Hemani and other ......
Finance
How Pramod Bhasin and Vikram Gandhi minted money in Asha Impact's Varthana exit
Investment banker Vikram Gandhi and former chief executive officer of IT services major Genpact, Pramod Bhasin, struck a multi-bagger exit ......
Finance
India's trade deficit widens to $13.7 bn in April
India’s trade deficit slightly widened to $13.72 billion in April from $13.25 billion a year ago, government data showed on ......
Finance
Northern Arc Investment raising up to $38 mn in sixth debt fund
Asset management firm Northern Arc Investment Managers Pvt. Ltd aims to raise as much as Rs 250 crore ($38 million) for ......
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