Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
HDFC Asset Management files for IPO
HDFC Asset Management Company Ltd, the mutual fund arm of mortgage lender Housing Development Finance Corp, filed for an initial ......
Finance
ChrysCapital strikes another exit from financials portfolio
Homegrown private equity firm ChrysCapital Investment Advisors India Pvt. Ltd has scored its second exit in as many months, pulling ......
Finance
Bandhan Bank IPO covered nearly half on day 1; Temasek, ADIA among anchors
Bandhan Bank Ltd’s initial public offering (IPO) approached the halfway mark on the first day on Thursday led by institutional ......
Finance
PNB branch at centre of Nirav Modi scam detects new fraud
India’s Punjab National Bank (PNB) has detected another small fraud at a Mumbai branch which is at the centre of ......
Finance
ICICI Securities seeks $2.6 bn valuation via IPO
ICICI Securities Ltd, the stock broking arm of ICICI Bank Ltd, is seeking a valuation of as much as Rs ......
Finance
What is keeping investors away from buying into stressed assets?
Indian banks are grappling with stressed assets worth nearly $150 billion. The enactment of the Bankruptcy and Insolvency Code and ......
Finance
World Bank will lend more to India with focus on infra
The World Bank plans to raise lending to India by about $1 billion every year for the next five years ......
Finance
WPI inflation cools for third straight month
India's annual wholesale price inflation eased in February for the third straight month after touching an eight-month high in November, ......
Finance
HDFC to pare 4% stake in mutual fund arm via IPO
Housing Development Finance Corporation Ltd, India’s largest mortgage lender, will divest a 4% stake in its mutual fund arm through ......
Finance
ICICI Venture-backed KIMS Hospitals, road builder Patel Infra get SEBI nod for IPO
Super-speciality hospital chain Krishna Institute of Medical Sciences Ltd (KIMS) and road construction company Patel Infrastructure Ltd have received regulatory ......