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

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Grameen Koota aims to double loan book before potential listing of sponsor

Finance

30 June, 2017

Grameen Koota aims to double loan book before potential listing of sponsor

Bengaluru-based microfinance firm Grameen Koota Financial Services Pvt. Ltd (GKFSPL), which operates as Grameen Koota, is expecting to more than ......

CDSL gains 75% on debut day after blockbuster IPO

Finance

30 June, 2017

CDSL gains 75% on debut day after blockbuster IPO

Central Depository Services Ltd (CDSL) made a strong debut on the stock markets on Friday with its shares soaring 75% ......

PremjiInvest to buy 2.2% stake in Aditya Birla Capital for $109 mn

Finance

29 June, 2017

PremjiInvest to buy 2.2% stake in Aditya Birla Capital for $109 mn

PremjiInvest, the family investment arm of Wipro Ltd chairman Azim Premji, has agreed to buy a 2.2% stake in Aditya ......

PE-backed AU Small Finance Bank's IPO sails through on second day

Finance

29 June, 2017

PE-backed AU Small Finance Bank's IPO sails through on second day

The initial public offering (IPO) of private equity-backed AU Small Finance Bank Ltd was fully subscribed on day two on ......

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Why PE-backed firms are chasing legal eagles

Finance

29 June, 2017

Why PE-backed firms are chasing legal eagles

SoftBank Group and Sequoia Capital-backed Oravel Stays Pvt. Ltd, which operates budget hotel marketplace OYO Rooms, got its first general ......

WEH Ventures marks first close of maiden early-stage VC fund

Finance

29 June, 2017

WEH Ventures marks first close of maiden early-stage VC fund

Early-stage venture capital firm WEH Ventures has marked the first close of its Rs 40 crore ($6.18 million) fund, its ......

CRISIL acquires Canara Bank's stake in rival CARE Ratings

Finance

29 June, 2017

CRISIL acquires Canara Bank's stake in rival CARE Ratings

Ratings firm CRISIL Ltd, majority owned by S&P Global Inc, has acquired state-run Canara Bank’s 8.9% stake in smaller rival ......

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Govt seeks deadline extension for public holding norms in state-run firms

Finance

29 June, 2017

Govt seeks deadline extension for public holding norms in state-run firms

The finance ministry is in talks with the Securities and Exchange Board of India (SEBI) to extend the August 2017 ......

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DMI Finance floats stressed assets fund

Finance

28 June, 2017

DMI Finance floats stressed assets fund

Non-banking financial company DMI Finance Pvt. Ltd is entering the stressed assets space with a Rs 1,000-crore ($155 million) fund, ......

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Impact investor Menterra's debut India VC fund oversubscribed

Finance

28 June, 2017

Impact investor Menterra's debut India VC fund oversubscribed

Early-stage impact investor Menterra Venture Advisors Pvt. Ltd has marked the final close of its debut fund at Rs 50 ......

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