Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
PE-backed microlender Spandana Sphoorty picks bankers for IPO
Spandana Sphoorty Financial Ltd, a microlender which counts private equity firm Kedaara Capital among its investors, has selected merchant banks ......
Finance
Balrampur Chini Mills buys into NBFC led by Enam's Akash Bhansali
Auxilo Finserve Pvt. Ltd, a non-banking financial company focussed on the education sector, has raised Rs 37.5 crore ($5.7 million) ......
Finance
National Stock Exchange valued at $6.5 bn as IFCI pares stake
Non-banking financial company IFCI Ltd has partially exited the National Stock Exchange in a transaction that values the bourse at ......
Finance
Are high valuations deterring global funds from investing in India?
Strong macro fundamentals notwithstanding, there is a widespread view among investors that valuations in India are inexplicably high. There is ......
Finance
Blackstone enters Indian stressed assets biz, buys stake in ARC
US private equity firm Blackstone Group LP has set its foot in India’s distressed asset space with a majority stake ......
Finance
Annapurna in talks with PEs to let early backers exit, fund growth
Bhubaneswar-based Annapurna Microfinance Pvt. Ltd is seeking to raise an institutional round to fund loan growth and provide an exit ......
Finance
TR Capital eyes portfolio secondaries deals with two PE firms
TR Capital Group, a Hong Kong-based private equity firm that specialises in secondaries deals, is looking to acquire the portfolios ......
Finance
US Fed raises interest rates, forecasts more hikes this year
The U.S. Federal Reserve raised interest rates on Wednesday and forecast at least two more hikes for 2018, highlighting its ......
Finance
Temasek, Norwegian wealth fund among ICICI Securities' anchor investors
ICICI Securities Ltd, the stock broking arm of ICICI Bank Ltd, has raised Rs 1,717 crore ($263 million) from a ......
Finance
Is startup funding in India really on the road to revival?
At least eight venture capital-backed companies in India have received cheques of $50 million or more so far this year, ......
