Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Blackstone raising at least $3 bn in first Asia private equity fund
Blackstone Group LP is seeking to raise up to $3 billion in its first Pan-Asia buyout fund for investments in ......
Finance
Sumitomo Mitsui Trust Bank exits Reliance Capital
Japan’s Sumitomo Mitsui Trust Bank Ltd on Wednesday sold its entire stake in Anil Ambani-controlled Reliance Capital Ltd, exiting its ......
Finance
Banks face $37 bn hit from top 50 stressed assets, says CRISIL
Indian banks may have to write off 60 percent of the value of bad loans from their 50 large stressed ......
Finance
PE-backed firm in advanced talks for Religare's housing finance arm
Religare Enterprises Ltd has received interest for its housing finance arm from a potential buyer that is backed by a ......
Finance
How bets on Uber and other unicorns hurt mutual fund giant Fidelity
Fidelity's bets on unicorn companies, the rare private firm or startup that grows in value to at least $1 billion, ......
Finance
KKR files for bankruptcy against Amtek Global; Blackstone buys Carnival property
Private equity giant KKR has initiated bankruptcy proceedings against the Singaporean subsidiary of debt-laden auto component manufacturer Amtek Auto Ltd, ......
Finance
Sumitomo Mitsui Trust Bank to exit Reliance Capital
Japan’s Sumitomo Mitsui Trust Bank Ltd will sell its entire stake in Anil Ambani-controlled Reliance Capital Ltd, exiting its two-year-old ......
Finance
Essel Finance arm to acquire part of Intec Capital's loan portfolio
Essel Finance Business Loans Ltd, the non-banking finance arm of Essel Finance Ltd, said on Tuesday it plans to acquire ......
Finance
P&C Legal rebrands as Jerome Merchant + Partners
Sajan PoovayyaMumbai-based boutique M&A, corporate finance and real estate advisory firm P&C Legal has rebranded as Jerome Merchant + ......
Finance
Banks need $2.8 bn extra provisioning for bankruptcy cases, says India Ratings
Indian banks taking 12 of the country's largest defaulters to bankruptcy court under a central bank directive, will need to ......
