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

Fairfax to acquire 51% in Catholic Syrian Bank

Finance

19 February, 2018

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......

PNB case only a fraction of $10 bn 'loan frauds' at Indian banks in last 5 years

Finance

16 February, 2018

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 ......

IFC may come as LP in IndoSpace Logistics Parks' third fund

Finance

16 February, 2018

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 ......

Gaja Capital's Gopal Jain on deal pipeline, expanding investment mandate and more

Finance

16 February, 2018

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 ......

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IIFL fund picks up additional stake in National Stock Exchange

Finance

15 February, 2018

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 ......

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​Peek at key regulatory measures that boosted the Indian PE/VC industry

Finance

15 February, 2018

​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 ......

India's trade deficit widens to $16.30 bn in January

Finance

15 February, 2018

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 ......

PNB says it can recover from India's largest-ever loan fraud as shares slide

Finance

15 February, 2018

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 ......

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Cinema Capital Venture Fund investors seek SEBI, govt probe into alleged fraud

Finance

15 February, 2018

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 ......

India's WPI inflation cools to 2.84% in January

Finance

15 February, 2018

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, ......

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