Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Norway's $1 tn sovereign fund faces a decision on backing private cos
Jobs, taxes and schools will be top of Norwegian voters' minds when they go to the polls on Sept. 11, ......
Finance
PE-backed Magma Fincorp to acquire JV partner's stake in tractor finance biz
Non-banking financial company Magma Fincorp Ltd has received an approval from its board to acquire the 26% stake held by ......
Finance
Microlenders Margdarshak, Swarna Pragati raise debt funding
Lucknow-based microfinance institution Margdarshak Financial Services Ltd has raised Rs 20 crore ($3 million) in debt funding from Japan ASEAN ......
Finance
Primary market rides on liquidity with record IPO filings worth $6 bn this month
August 2017 has emerged as a month of big-ticket IPO filings and a busy period for equity merchant bankers that ......
Finance
Sensex closes flat after banking stocks fall; Infosys gains
Indian shares ended nearly flat on Thursday paring early gains due to a decline in banking shares, while a surge ......
Finance
Cigna to hike stake in insurance JV with TTK Group
Mumbai-based Cigna TTK Health Insurance Company Ltd has filed an application with the Insurance Regulatory and Development Authority to increase ......
Finance
Larger issue size, better pricing make this bull run unique: Kotak's Jayasankar
The last two years have seen some good-quality companies tap the primary market and deliver strong returns. In the current ......
Finance
Govt's fund infusion into lenders facing defaults 'moral hazard', says Fitch
The government risks creating "moral hazard" by injecting funds into state-run lenders such as IDBI Bank Ltd which are at ......
Finance
IIFL Special Opportunities Fund picks up 2.6% in Reliance Mutual Fund
IIFL Special Opportunities Fund has bought a 2.59% stake in Reliance Nippon Life Asset Management Ltd (RNAM) for $60 million ......
Finance
IDBI Bank seeks bankers to sell non-core businesses
State-owned IDBI Bank has sought representations from investment banks to sell most of its non-core businesses, three people aware of ......