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

India IPO activity picks in Q3FY23: Report

Finance

13 February, 2023

India IPO activity picks in Q3FY23: Report

Initial public offering (IPO) momentum in India picked up in the last quarter compared to the world, with the domestic ......

Arka Investment marks first close of maiden credit fund

Finance

13 February, 2023

Arka Investment marks first close of maiden credit fund

Mid-market focused Arka Investment Advisory has announced the first close of its Rs 250 crore debt fund after receiving commitments ......

IdeaForge files for IPO; Celesta, Qualcomm, Exim plan partial exit

Finance

13 February, 2023

IdeaForge files for IPO; Celesta, Qualcomm, Exim plan partial exit

Drone maker ideaForge has filed its draft red-herring prospectus (DRHP) with capital market regulator Securities and ......

Adani Group cuts revenue growth target, capex

Finance

13 February, 2023

Adani Group cuts revenue growth target, capex

The Adani Group has halved its revenue growth target and aims to scale down fresh capital expenditure, days after US-......

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TR Capital plans NAV financing deals in India

Finance

13 February, 2023

TR Capital plans NAV financing deals in India

Secondaries private equity (PE) firm TR Capital is evaluating NAV financing deals in India to lend to other funds ......

Delhivery widens losses; revenue drops in Q3

Finance

10 February, 2023

Delhivery widens losses; revenue drops in Q3

Logistics company Delhivery widened its losses along with a drop in its revenue in the last quarter amid a challenging ......

Alibaba sells entire stake in Paytm, MS buys it partially

Finance

10 February, 2023

Alibaba sells entire stake in Paytm, MS buys it partially

Chinese conglomerate Alibaba has sold its entire 3.4% stake in One97 Communications-owned Paytm worth Rs 1,377 crore via......

Info Edge reports a Q3 loss due to one-off expense

Finance

10 February, 2023

Info Edge reports a Q3 loss due to one-off expense

Listed Internet company Info Edge on Friday announced a consolidated net loss of Rs 116.5 crore for Q3FY23 versus a ......

PB Fintech's net loss narrows in Q3, says on track to be profitable this FY

Finance

10 February, 2023

PB Fintech's net loss narrows in Q3, says on track to be profitable this FY

PB Fintech-owned Policybazaar reported a significant contraction in its Q3FY23 net loss to Rs 87.3 crore against Rs 298 ......

Kotak Mahindra to buy microfinance lender Sonata Finance for $65 mn

Finance

10 February, 2023

Kotak Mahindra to buy microfinance lender Sonata Finance for $65 mn

Kotak Mahindra Bank said on Friday it would acquire Sonata Finance Pvt Ltd for 5.37 billion rupees ($65.04 million) in ......

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