Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Bank stocks power Sensex to new record on $32 bn recapitalisation plan
Indian banking shares soared on Wednesday, sending indexes to record highs after the cabinet approved a $32 billion plan to ......
Finance
GIC Re drops on trading debut after $1.7 bn IPO
State-run General Insurance Corp of India (GIC Re) made a disappointing stock market debut on Wednesday with its shares listing ......
Finance
Ankur Capital targets bigger ticket size in seed-stage investing from new fund
Impact investor Ankur Capital aims to increase the ticket size of investments from its proposed new fund even though it ......
Finance
How long can the Indian stock markets sustain the bull run?
Equity markets have regained their sheen and become a preferred destination for investors of all categories in 2017 as benchmark ......
Finance
Reliance Mutual Fund raises $71 mn from ADIA, other anchor investors
Reliance Nippon Life Asset Management Co Ltd on Tuesday raised Rs 462.67 crore ($71.08 million) by selling shares to a ......
Finance
New India Assurance sets price band for up to $1.5 bn IPO
New India Assurance Co Ltd is targeting an IPO of up to $1.5 billion, as sources who have direct knowledge ......
Finance
Govt approves $32.4 bn to recapitalise state-run banks
The Indian government approved on Tuesday a state bank recapitalization plan of 2.11 trillion rupees ($32.43 billion) over the next ......
Finance
How Sundaram Asset Management is ramping up its alternative investment fund biz
In February, Chennai-based Sundaram Asset Management Company Ltd, which had thus far focussed on mutual funds and portfolio management services, ......
Finance
RBI's P2P lending norms: A step backward or forward?
Just when peer-to-peer lending in India was gaining traction, the Reserve Bank of India’s directions to govern the workings of ......
Finance
Company watch: WestBridge-backed Vistaar Financial overcomes note ban blues
There is little doubt that the government’s November 2016 decision to void old high-value notes crimped consumer spending, hurt businesses ......
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