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

IFC looks to invest $150 mn in Aditya Birla Finance via green bonds

Finance

17 January, 2018

IFC looks to invest $150 mn in Aditya Birla Finance via green bonds

International Finance Corporation, the private-sector investment arm of the World Bank, is looking to invest up to $150 million (Rs ......

Budget 2018: Fiscal slippage, spectre of inflation loom large on economy

Finance

17 January, 2018

Budget 2018: Fiscal slippage, spectre of inflation loom large on economy

Finance minister Arun Jaitley will be presenting India’s first post-GST Budget – his fifth and the current dispensation’s last full ......

Sensex soars past 35,000 for the first time

Finance

17 January, 2018

Sensex soars past 35,000 for the first time

India’s benchmark BSE Sensex breached the 35,000 mark for the first time on Wednesday, as banks rallied after the government ......

Private investments, PE exits jump in 2017; M&As fall: VCCEdge report

Finance

17 January, 2018

Private investments, PE exits jump in 2017; M&As fall: VCCEdge report

Private equity and venture capital investors pumped a record amount of money into India in 2017 but they backed fewer ......

ADB commits $50 mn to True North's large India PE fund

Finance

16 January, 2018

ADB commits $50 mn to True North's large India PE fund

Asian Development Bank (ADB) said on Tuesday that it is backing mid-market Indian private equity firm True North (formerly India ......

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GSK Velu-backed Stakeboat Capital marks first close of debut PE fund

Finance

16 January, 2018

GSK Velu-backed Stakeboat Capital marks first close of debut PE fund

Stakeboat Capital, a private equity firm backed by serial healthcare entrepreneur GSK Velu, has marked the first close of its ......

Trade deficit at three-year high as crude, gold imports weigh

Finance

15 January, 2018

Trade deficit at three-year high as crude, gold imports weigh

India’s December trade deficit widened to its highest in more than three years as higher import bills for gold and ......

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Indian bank in race for Deutsche Bank's local retail and wealth biz

Finance

15 January, 2018

Indian bank in race for Deutsche Bank's local retail and wealth biz

An Indian lender is in talks to acquire the retail and wealth management business of Germany’s Deutsche Bank, two people ......

pi Ventures marks second close of debut fund at $25 mn

Finance

15 January, 2018

pi Ventures marks second close of debut fund at $25 mn

Early-stage venture capital firm pi Ventures has marked the second close of its debut fund at $25 million (Rs 160 ......

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Avendus hedge fund crosses $500-mn mark as asset management biz grows

Finance

15 January, 2018

Avendus hedge fund crosses $500-mn mark as asset management biz grows

KKR-backed diversified financial services firm Avendus Group’s hedge fund has touched Rs 3,300 crore ($520 million) in assets under management ......

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