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Finance

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

Zomato shareholder Alibaba to sell $193 mn stake through block trade

Finance

29 November, 2022

Zomato shareholder Alibaba to sell $193 mn stake through block trade

Alibaba Group Holding Ltd plans to sell a stake of about 3% in Indian food delivery firm Zomato Ltd worth ......

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Aye Finance eyes turnaround

Finance

30 November, 2022

Aye Finance eyes turnaround

Lending startup Aye Finance aims to post a net profit this financial year, rebounding from a loss last year, on ......

RBI to launch first pilot of retail digital rupee on 1 December

Finance

29 November, 2022

RBI to launch first pilot of retail digital rupee on 1 December

The Reserve Bank of India (RBI) on Tuesday announced a pilot for retail central bank digital currency (CBDC) on 1 ......

Oaktree, Hinduja and others bid for Reliance Cap; Advent stays away

Finance

29 November, 2022

Oaktree, Hinduja and others bid for Reliance Cap; Advent stays away

US private equity major Oaktree Capital, Hinduja Group and Ahmedabad-based Torrent - a consortium of Piramal and Cosmea ......

Crypto lender BlockFi files for bankruptcy, cites FTX exposure

Finance

29 November, 2022

Crypto lender BlockFi files for bankruptcy, cites FTX exposure

Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the latest industry ......

Digital disbursements up 3x in Q2: Report

Finance

29 November, 2022

Digital disbursements up 3x in Q2: Report

Disbursements by digital lending platforms more than tripled during Q2FY23 to Rs 14,016 crore, compared to Q2FY22, ......

No BharatPe without me: Grover, after senior management exits

Finance

29 November, 2022

No BharatPe without me: Grover, after senior management exits

Ashneer Grover, the former co-founder and managing director of BharatPe on 28 November took a fresh jibe after three ......

Yes Bank acquires 9.9% stake in JC Flowers, applies for additional stake buy

Finance

29 November, 2022

Yes Bank acquires 9.9% stake in JC Flowers, applies for additional stake buy

Yes Bank has initially acquired a 9.9% shareholding in JC Flowers ARC. The lender said that it plans to acquire ......

Adani closes in on NDTV's takeover as founder entity transfers shares

Finance

28 November, 2022

Adani closes in on NDTV's takeover as founder entity transfers shares

New Delhi Television Ltd (NDTV) said on Monday an entity backed by its founders had issued shares to a unit ......

Mankind Pharma acquires majority stake in Upakarma Ayurveda

Finance

28 November, 2022

Mankind Pharma acquires majority stake in Upakarma Ayurveda

Pharmaceuticals giant Mankind Pharma Ltd on Monday acquired a majority stake in Upakarma Ayurveda Pvt Ltd through one of......

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