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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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Bain Capital scores modest returns from $265 mn India exit move

Finance

15 June, 2023

Bain Capital scores modest returns from $265 mn India exit move

US-based Bain Capital, which has been one of the less aggressive among the bulge-bracket global private equity peers ......

Goldman Sachs cutting more than 30 Asia investment banking jobs

Finance

15 June, 2023

Goldman Sachs cutting more than 30 Asia investment banking jobs

Goldman Sachs Group is cutting more than 30 banking jobs in Asia, two sources with knowledge of the matter said, ......

Sensex, Nifty advance on back of gains in metal, FMCG stocks

Finance

14 June, 2023

Sensex, Nifty advance on back of gains in metal, FMCG stocks

Shares advanced for the third consecutive session on Wednesday, aided by a rise in metal stocks on expectations of ......

Zurich Insurance Group in talks for stake in Kotak's general insurance arm

Finance

14 June, 2023

Zurich Insurance Group in talks for stake in Kotak's general insurance arm

Zurich Insurance Group is in talks to buy up to 51% of India's Kotak General Insurance, two sources with direct ......

CarDekho's vehicle financing arm hires Aye Finance executive as CFO

Finance

14 June, 2023

CarDekho's vehicle financing arm hires Aye Finance executive as CFO

Initial public offering (IPO)-bound CarDekho Group’s vehicle financing platform Rupyy on Wednesday said it has ......

SEBI may not raise shareholding limit for MFs post HDFC-HDFC Bank merger

Finance

14 June, 2023

SEBI may not raise shareholding limit for MFs post HDFC-HDFC Bank merger

India’s markets regulator is unlikely to give special exemption to mutual funds if they breach the norms for maximum ......

Sensex, Nifty end higher ahead of FOMC outcome

Finance

13 June, 2023

Sensex, Nifty end higher ahead of FOMC outcome

Shares closed higher on Tuesday as cooling inflation helped lift stocks across sectors, while broader risk sentiment ......

C4D makes partial exit with Aviom's $30 mn round

Finance

13 June, 2023

C4D makes partial exit with Aviom's $30 mn round

Micro-mortgage lender Aviom India Housing Finance on Tuesday said it has raised $30 million in its Series D equity ......

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Quadria gets bigger cheque from another returning LP for new fund

Finance

13 June, 2023

Quadria gets bigger cheque from another returning LP for new fund

MediBuddy-backer Quadria Capital, which has invested in healthcare firms across South and Southeast Asia and is ......

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BanyanTree hires new MD as Abhishek Poddar quits

Finance

13 June, 2023

BanyanTree hires new MD as Abhishek Poddar quits

BanyanTree Growth Capital, a private equity firm that focuses on the mid-market segment, has appointed a former ......

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