Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Punjab National Bank fraud swells by $145 mn more
The Punjab National Bank has told police that it has uncovered additional exposure of about 9.42 billion rupees ($145.2 million) ......
Finance
Former Actis director floats SME fund
A former executive at emerging markets private equity firm Actis Advisors Pvt Limited has floated a fund to invest in ......
Finance
How real is India Inc's earnings growth revival story?
Of the three narratives supporting the stratospheric rise of the stock market indices in India—liquidity, economic reforms and green shoots ......
Finance
Pridhvi Asset Reconstruction in talks to raise funds
Pridhvi Asset Reconstruction and Securitization Company Ltd is considering a partnership with a strategic investor to expand its stressed assets ......
Finance
Abraaj Capital set to cut jobs; CFO & partner Ashish Dave quit months ago
The chief financial officer of Dubai-based Abraaj Holdings told Reuters he had left the embattled private equity company.Two other senior ......
Finance
Multiples PE's Renuka Ramnath on why investors need a flexible strategy for India
Renuka Ramnath, founder of private equity firm Multiples Alternate Asset Management, says limited Partners are a lot more open about ......
Finance
Andhra Bank shares slump to 15-year low on fraud probe
Shares in the state-run Andhra Bank, already hurt by an industry-wide spillover of a huge scam in another lender, fell ......
Finance
Bigger stakes, fewer startups is Blume Ventures' mantra for third fund
Early-stage investor Blume Ventures is planning to tweak its investment strategy as it prepares to hit the road for its ......
Finance
Norway's $1 tn wealth fund may blacklist more companies for high emissions
The ethics watchdog for Norway’s $1-trillion sovereign wealth may blacklist more companies that produce too much greenhouse gas by scrutinizing ......
Finance
StanChart reaches provisional pact to sell real estate unit to Actis
Standard Chartered has reached a provisional agreement to sell its real estate investment unit to private equity firm Actis, the ......