Finance

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

Punjab National Bank fraud swells by $145 mn more

Finance

13 March, 2018

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) ......

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Finance

13 March, 2018

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 ......

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Finance

13 March, 2018

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 ......

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Finance

13 March, 2018

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

12 March, 2018

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

12 March, 2018

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

12 March, 2018

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 ......

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Finance

12 March, 2018

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

09 March, 2018

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

09 March, 2018

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 ......

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