Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
HDFC Life seeks $9 bn valuation via IPO
India’s third-largest private sector life insurer HDFC Standard Life Insurance Co is seeking a Rs 58,260.22 crore ($8.96 billion) valuation ......
Finance
Reliance Nippon Life Asset Management IPO subscribed 7.5 times on second day
Reliance Nippon Life Asset Management Co Ltd’s initial public offering—the first by an Indian mutual fund manager—was covered 7.5 times ......
Finance
Sensex, Nifty hit record closing highs on bank recapitalisation hopes
Indian shares marked record closing highs for a second consecutive session on Thursday after a finance ministry official said the ......
Finance
IDFC Alternatives may see management buyout
Financial services firm IDFC Ltd is looking to sell its alternative investment business housed under IDFC Alternatives Ltd, two people ......
Finance
BSE, Ebix to set up insurance distribution network in India
The Bombay Stock Exchange has joined hands with US-based insurance exchange Ebix Inc to form a joint venture to build ......
Finance
Why digital lenders must have unit profitability on mind from day one
The fin-tech sector in India has gained a lot of traction in recent years with many players emerging in payments, ......
Finance
Alteria Capital gets SEBI nod for $154 mn venture debt fund
Alteria Capital Advisors LLP, founded by former top executives at venture debt provider InnoVen Capital India Pvt. Ltd, has received ......
Finance
LGT Venture to launch India-focussed fund
LGT Venture Philanthropy, an impact investing firm founded by LGT Group and the Princely House of Liechtenstein, plans to launch ......
Finance
Goldman Sachs to ramp up private equity bets to offset trading slump
Goldman Sachs Group Inc is ramping up its private-equity investments and going after smaller, high-growth targets as part of a ......
Finance
Reliance Mutual Fund IPO covered nearly five times on first day
Reliance Nippon Life Asset Management Co Ltd’s initial public offering—the first by an Indian mutual fund manager—was covered nearly five ......
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