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Finance

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

Fairfax-backed ICICI Lombard gets regulatory nod for IPO

Finance

05 September, 2017

Fairfax-backed ICICI Lombard gets regulatory nod for IPO

ICICI Lombard General Insurance Co Ltd, which counts Canadian investment firm Fairfax Financial Holdings Ltd as its joint venture partner, ......

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UTI AMC firms up game plan for maiden private debt fund

Finance

05 September, 2017

UTI AMC firms up game plan for maiden private debt fund

UTI Asset Management Co. Ltd has readied its strategy to invest out of its maiden private debt fund, as it ......

Droom founder Sandeep Aggarwal backs VC firm Lionbird Ventures

Finance

05 September, 2017

Droom founder Sandeep Aggarwal backs VC firm Lionbird Ventures

Sandeep Aggarwal, who founded e-commerce company ShopClues and used automobiles marketplace Droom, has invested in Tel Aviv- and Chicago-based venture ......

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Mohandas Pai-backed 3one4 Capital nears final close of second VC fund

Finance

05 September, 2017

Mohandas Pai-backed 3one4 Capital nears final close of second VC fund

Early-stage venture capital firm 3one4 Capital is in the late stages of closing its second fund after surpassing the target ......

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How much returns will VC firms clock from BharatMatrimony's IPO?

Finance

04 September, 2017

How much returns will VC firms clock from BharatMatrimony's IPO?

Venture capital firms backing Matrimony.com Ltd are likely to walk away with sub-par to moderate returns as the online matchmaking ......

Singapore's DBS gets RBI nod to set up subsidiary for banking ops

Finance

04 September, 2017

Singapore's DBS gets RBI nod to set up subsidiary for banking ops

Singapore’s biggest lender DBS Group Holdings  has won the Reserve Bank of India’s approval to provide banking services in the ......

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Legasis Partners hires former Khaitan & Co partner

Finance

01 September, 2017

Legasis Partners hires former Khaitan & Co partner

Upendra JoshiA former partner of Mumbai-based law firm Khaitan & Co is joining Legasis Partners Advocates & Solicitors as ......

Baring PE Asia arm raising $85 mn via overseas bond issue against Hexaware stake

Finance

01 September, 2017

Baring PE Asia arm raising $85 mn via overseas bond issue against Hexaware stake

Alternative asset management firm Baring Private Equity Asia—which owns a majority stake in Mumbai-based Hexaware Technologies through HT Global IT ......

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In Charts: How microfinance industry performed in April-June quarter

Finance

01 September, 2017

In Charts: How microfinance industry performed in April-June quarter

India’ microfinance institutions (MFIs) have shown small signs of recovery in the first quarter of the fiscal year that began ......

PremjiInvest-backed Aditya Birla Capital slips 5% on trading debut

Finance

01 September, 2017

PremjiInvest-backed Aditya Birla Capital slips 5% on trading debut

Aditya Birla Capital Ltd made a weak debut on stock exchanges on Friday with its shares falling 5% from the ......

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