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Finance

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

HDFC Asset Management files for IPO

Finance

15 March, 2018

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 ......

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ChrysCapital strikes another exit from financials portfolio

Finance

15 March, 2018

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 ......

Bandhan Bank IPO covered nearly half on day 1; Temasek, ADIA among anchors

Finance

15 March, 2018

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 ......

PNB branch at centre of Nirav Modi scam detects new fraud

Finance

15 March, 2018

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 ......

ICICI Securities seeks $2.6 bn valuation via IPO

Finance

14 March, 2018

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 ......

What is keeping investors away from buying into stressed assets?

Finance

14 March, 2018

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 ......

World Bank will lend more to India with focus on infra

Finance

14 March, 2018

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 ......

WPI inflation cools for third straight month

Finance

14 March, 2018

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, ......

HDFC to pare 4% stake in mutual fund arm via IPO

Finance

13 March, 2018

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 ......

ICICI Venture-backed KIMS Hospitals, road builder Patel Infra get SEBI nod for IPO

Finance

13 March, 2018

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 ......

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