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Finance

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

Stocks close at record high, Nifty nears 10,000

Finance

24 July, 2017

Stocks close at record high, Nifty nears 10,000

The NSE Nifty ended at a record closing high on Monday, coming within striking distance of breaching the 10,000 mark ......

Carlyle to buy 26% in State Bank of India's credit card ventures

Finance

21 July, 2017

Carlyle to buy 26% in State Bank of India's credit card ventures

Global private equity firm Carlyle Group will acquire a 26% stake in State Bank of India’s two credit card joint ......

India planning to change financial year to Jan-Dec, says finance minister Jaitley

Finance

21 July, 2017

India planning to change financial year to Jan-Dec, says finance minister Jaitley

Finance Minister Arun Jaitley on Friday told lawmakers that the government is considering to change the country's financial year to ......

Newgen Software plans IPO; Zee may buy BTVi; Finland's Taleeri eyeing solar assets

Finance

21 July, 2017

Newgen Software plans IPO; Zee may buy BTVi; Finland's Taleeri eyeing solar assets

Delhi-based Newgen Software Technologies Ltd plans to float an initial public offering and is likely to file a draft red ......

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How PE portfolio was worst performer for CalPERS despite double-digit return

Finance

20 July, 2017

How PE portfolio was worst performer for CalPERS despite double-digit return

The California Public Employees’ Retirement System (CalPERS), a key investor in several global and Indian private equity funds, posted a ......

Annapurna Microfinance raises fresh funds from Bamboo Capital, others

Finance

20 July, 2017

Annapurna Microfinance raises fresh funds from Bamboo Capital, others

Bhubaneswar-based non-banking finance company Annapurna Microfinance Pvt. Ltd has raised Rs 61 crore ($9.5 million) from Bamboo Capital Partners and ......

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Why buyers of stressed assets must brace for a long-drawn-out process

Finance

20 July, 2017

Why buyers of stressed assets must brace for a long-drawn-out process

In early May, the government empowered the Reserve Bank of India to direct lenders to start bankruptcy proceedings against large ......

KPMG takes over M&A and risk advisory practice of BMR Advisors

Finance

20 July, 2017

KPMG takes over M&A and risk advisory practice of BMR Advisors

Audit and consulting firm KPMG said on Thursday it will combine the transaction and risk advisory practice of BMR Advisors ......

Piramal Enterprises forms joint venture with Bain for asset reconstruction biz

Finance

20 July, 2017

Piramal Enterprises forms joint venture with Bain for asset reconstruction biz

Piramal Enterprises Ltd said on Thursday it has entered into a joint venture agreement with Bain Capital Credit India Investments ......

IFC invests $20 mn in mortgage lender Aavas Financiers

Finance

20 July, 2017

IFC invests $20 mn in mortgage lender Aavas Financiers

International Finance Corporation has invested Rs 130 crore ($20 million) in Jaipur-based Aavas Financiers Ltd to extend housing loans to ......

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