Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Karvy nears deal to sell NBFC unit
Financial services group Karvy is all set to wrap up the sale of its non-banking financial arm to a domestic ......
Finance
Fairfax-backed ICICI Lombard's IPO almost covered on day 2
The initial public offering of India’s largest private sector non-life insurer ICICI Lombard General Insurance Co was almost fully subscribed ......
Finance
Valuations of firms with efficient biz models to rise after GST: V Lakshmikumaran
Bureaucrat-turned-lawyer V Lakshmikumaran founded law firm Lakshmikumaran & Sridharan Attorneys in 1985 and has led it since then to make ......
Finance
With about $470 mn in pocket, Goldman Sachs nears exit from Analjit Singh's Max
Goldman Sachs has sold its remaining stake in Max Financial Services Ltd, which houses the group’s Max Life Insurance business, ......
Finance
Sanlam-backed stock brokerage SMC sets the ball rolling for US listing
Stock booking firm SMC Global Securities Ltd, which twice tried to float a public issue in India, has made a ......
Finance
Srei Equipment Finance hires merchant banks for IPO
Srei Equipment Finance Ltd, India’s largest equipment finance firm, has appointed merchant bankers as it readies to go public next ......
Finance
Fairfax-backed ICICI Lombard's IPO covered 27% on day 1
The initial public offering (IPO) of ICICI Lombard General Insurance Co., India’s largest private sector non-life insurer, crossed the one-fourth ......
Finance
Goldman Sachs to sell up to $110 mn stake in Max Financial
Goldman Sachs will sell shares worth up to $110 million in India’s Max Financial Services Ltd on Friday, according to ......
Finance
IL&FS tunes strategy for $550 mn stressed asset JV with Lone Star
The stressed assets fund floated by Infrastructure Leasing & Financial Services Ltd (IL&FS) and American private equity fund house Lone ......
Finance
Private equity fund-of-funds Asia Alternatives raises $1.8 bn
Asia Alternatives Management LLC, an independent Asian private equity fund-of-funds which has backed a few India-dedicated PE funds, has hit ......
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