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

Reliance Nippon Life Asset Management gets SEBI nod for IPO

Finance

10 October, 2017

Reliance Nippon Life Asset Management gets SEBI nod for IPO

India's third-largest mutual fund manager Reliance Nippon Life Asset Management (RNAM), operated by Anil Ambani-led Reliance Group, has received the ......

Indian banks' bad loans touch record $146 bn

Finance

10 October, 2017

Indian banks' bad loans touch record $146 bn

Indian banks’ sour loans hit a record 9.5 trillion rupees ($145.56 billion) at the end of June, unpublished data shows, ......

PE-backed MAS Financial's IPO covered 128 times; IEX nears halfway mark on day 2

Finance

10 October, 2017

PE-backed MAS Financial's IPO covered 128 times; IEX nears halfway mark on day 2

The initial public offering of MAS Financial Services Ltd received bids for 128 times the shares on sale thanks to ......

Reliance General Insurance files for IPO

Finance

09 October, 2017

Reliance General Insurance files for IPO

Anil Ambani-controlled Reliance Group on Monday filed a draft proposal with the Securities and Exchange Board of India to list ......

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Impact investor Dia Vikas Capital backs Satya MicroCapital

Finance

09 October, 2017

Impact investor Dia Vikas Capital backs Satya MicroCapital

Non-banking financial company Satya MicroCapital Ltd has raised its first round of institutional funding from impact investor Dia Vikas Capital ......

PE-backed MAS Financial's IPO covered nearly five times on second day

Finance

09 October, 2017

PE-backed MAS Financial's IPO covered nearly five times on second day

The initial public offering of Ahmedabad-based non-banking financial company MAS Financial Services Ltd continued to see strong demand on the ......

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IFC ups India exposure with highest net addition in FY17

Finance

09 October, 2017

IFC ups India exposure with highest net addition in FY17

International Finance Corporation increased its investment commitments to India by 12% in the year through June 2017, as it backed ......

IvyCap Ventures to float $76 mn venture debt fund

Finance

09 October, 2017

IvyCap Ventures to float $76 mn venture debt fund

Venture capital firm IvyCap Ventures Advisors Pvt. Ltd plans to launch a venture debt fund with a target corpus of ......

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How Veritas Legal is making a mark as a boutique transaction advisory law firm

Finance

09 October, 2017

How Veritas Legal is making a mark as a boutique transaction advisory law firm

Abhijit Joshi doesn’t remember the first of countless merger and acquisition deals he has advised on during his two-and-a-half-decade long ......

Temasek-backed VC firm Vertex closes third fund for India, SE Asia

Finance

09 October, 2017

Temasek-backed VC firm Vertex closes third fund for India, SE Asia

Vertex Ventures Southeast Asia and India, an early stage venture capital firm backed by Singapore's Temasek Holdings, has surpassed the ......

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