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

Carlyle eyes first close of Asia PE fund at over $4 bn

Finance

21 September, 2017

Carlyle eyes first close of Asia PE fund at over $4 bn

Carlyle Group is targeting the first closing of a new Asia buyout fund within the next couple of months at ......

IC Legal, Universal Legal merge to create pan-India law firm

Finance

21 September, 2017

IC Legal, Universal Legal merge to create pan-India law firm

Mumbai-based IC Legal Advocates & Solicitors and Bangalore-headquartered Universal Legal Attorneys at Law have decided to merge their practices to ......

Govt considering steps to revive economy, says finance minister Jaitley

Finance

20 September, 2017

Govt considering steps to revive economy, says finance minister Jaitley

India is considering ways to revive its slowdown-hit economy and will unveil the “necessary” steps once Prime Minister Narendra Modi ......

Impact investor Incofin backs financial services startup Save Solutions

Finance

20 September, 2017

Impact investor Incofin backs financial services startup Save Solutions

Gaya-based financial services firm Save Solutions Pvt. Ltd has raised $6 million (around Rs 38.5 crore) in a Series A ......

CPPIB, GIC among anchor investors betting on SBI Life's $1.3 bn IPO

Finance

20 September, 2017

CPPIB, GIC among anchor investors betting on SBI Life's $1.3 bn IPO

SBI Life Insurance Company Ltd has raised Rs 2,226 crore ($346 million) from anchor investors including Canada Pension Plan Investment ......

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Former Avigo MD slashes target size of new PIPE fund, makes first close

Finance

19 September, 2017

Former Avigo MD slashes target size of new PIPE fund, makes first close

Blue Lotus Capital has made the first close of its new public market- focussed private equity fund with commitment of ......

Higher M&A fee helps I-bank Jefferies double Q3 profit

Finance

19 September, 2017

Higher M&A fee helps I-bank Jefferies double Q3 profit

US investment bank Jefferies Group LLC's third-quarter profit more than doubled as it earned more from advising on debt and ......

Madison India raises fourth PE fund; former Providian CEO joins as operating partner

Finance

19 September, 2017

Madison India raises fourth PE fund; former Providian CEO joins as operating partner

Private equity firm Madison India Capital Advisors Pvt. Ltd has achieved the final close of its fourth fund, Madison India ......

Fairfax-backed ICICI Lombard's $886 mn IPO covered three times on final day

Finance

19 September, 2017

Fairfax-backed ICICI Lombard's $886 mn IPO covered three times on final day

The initial public offering of ICICI Lombard General Insurance Co., India’s largest non-life insurer in the private sector, was subscribed ......

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How much did India's highest paid bankers pocket in FY17?

Finance

19 September, 2017

How much did India's highest paid bankers pocket in FY17?

The chief financial officer of India’s fifth-largest private-sector bank continued to hog the limelight in terms of the pay package ......

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