Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Fairfax to acquire 51% in Catholic Syrian Bank
Canadian billionaire Prem Watsa’s Fairfax India Holdings Corporation is acquiring a 51% stake in Kerala-based Catholic......
Finance
PNB case only a fraction of $10 bn 'loan frauds' at Indian banks in last 5 years
Investors may have been shocked when one of India's biggest banks disclosed a $1.77 billion fraud by billionaire jeweller Nirav ......
Finance
IFC may come as LP in IndoSpace Logistics Parks' third fund
The International Finance Corporation has proposed to invest in the third fund launched by Mumbai-based industrial real estate investor IndoSpace ......
Finance
Gaja Capital's Gopal Jain on deal pipeline, expanding investment mandate and more
Mid-market private equity firm Gaja Capital is currently investing out of its $240-million third fund. In a December 2017 interaction ......
Finance
IIFL fund picks up additional stake in National Stock Exchange
IIFL Asset Management Company Ltd has bought an additional stake in the National Stock Exchange (NSE) through its fund that ......
Finance
Peek at key regulatory measures that boosted the Indian PE/VC industry
Finance minister Arun Jaitley had little to offer to the alternative investment fund industry, but for a brief mention in ......
Finance
India's trade deficit widens to $16.30 bn in January
India’s trade deficit widened to $16.30 billion in January from $14.88 billion in the previous month, government data showed on ......
Finance
PNB says it can recover from India's largest-ever loan fraud as shares slide
Punjab National Bank, India’s second-largest state-run lender, said on Thursday it has the capability and capacity to recover after uncovering ......
Finance
Cinema Capital Venture Fund investors seek SEBI, govt probe into alleged fraud
A group of investors has accused the Cinema Capital Venture Fund (CCVF), India’s first and largest venture fund to invest ......
Finance
India's WPI inflation cools to 2.84% in January
India’s annual wholesale price inflation eased in January for the second straight month after touching an eight-month high in November, ......