Finance

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

Mahindra Logistics' IPO covered eight times; NIA issue little changed on day 2

Finance

02 November, 2017

Mahindra Logistics' IPO covered eight times; NIA issue little changed on day 2

The initial public offering of Kedaara Capital-backed Mahindra Logistics Ltd saw good turnout on the final day, while that of ......

Finance

02 November, 2017

Former Karvy exec's NBFC Prest Loans raises fresh capital

Non-banking financial company Prest Loans has raised Rs 3.7 crore ($570,000) capital to expand operations and strengthen its technology platform, ......

Finance

01 November, 2017

Carlyle marks first close of biggest-ever Asia fund

US-based private equity giant Carlyle Group, which invests in both growth and buyout deals in India out of its Asia ......

Finance

01 November, 2017

Finance minister Arun Jaitley to head panel to oversee state bank consolidation

India has set up a panel headed by Finance Minister Arun Jaitley to evaluate proposals for mergers among state-run banks, ......

Finance

01 November, 2017

Industrial real estate investor IndoSpace hits first close of third fund

Mumbai-based industrial real estate investor IndoSpace has marked the first close of its third fund at $300 million (about Rs ......

Finance

01 November, 2017

New India Assurance's $1.5 bn IPO, Mahindra Logistics offer sail through

The initial public offerings of state-owned insurer New India Assurance Co. Ltd and Mahindra Logistics Ltd were fully covered on ......

Finance

01 November, 2017

Sensex, Nifty climb to fresh record highs

Indian shares rose around 1 percent to fresh highs on Wednesday, tracking a rally in broader Asia on the back ......

Finance

01 November, 2017

Centrum Group acquires FirstRand Bank's India microfinance business

Financial services group Centrum Group has started its lending operations through the acquisition of Mumbai-based FirstRand Bank Ltd’s microfinance business ......

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Finance

01 November, 2017

Multiples PE returns principal to LPs in debut fund

Multiples Alternate Asset Management Pvt. Ltd has returned the principal amount from its first private equity fund to its limited...

Finance

01 November, 2017

India factory output growth slows in October as GST hurts

Indian factory activity barely expanded in October as new orders fell, a survey showed on Wednesday, as price rises following ......

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