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Finance

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

Walmart gets $1 bn tax bill for shifting PhonePe headquarters to India: Report

Consumer

04 January, 2023

Walmart gets $1 bn tax bill for shifting PhonePe headquarters to India: Report

Walmart Inc and other PhonePe shareholders will have to pay nearly $1 billion in tax after the digital payments company ......

Nexus Ventures eyes $700 mn fund to bet on India, US tech startups

Finance

04 January, 2023

Nexus Ventures eyes $700 mn fund to bet on India, US tech startups

India's Nexus Venture Partners is in advanced talks to raise a $700 million fund, the second-biggest such pool to be......

NARCL highest bidder for stressed Srei entities

Finance

04 January, 2023

NARCL highest bidder for stressed Srei entities

The government-backed National Asset Reconstruction Company Ltd has taken lead in taking over two stressed entities of ......

Education financier Varthana raises $7 mn from MicroVest

Finance

04 January, 2023

Education financier Varthana raises $7 mn from MicroVest

Bengaluru-based school finance company Thirumeni Finance Pvt. Ltd, which operates under the Varthana brand, has raised $......

Financials drag markets 1% lower ahead of Fed minutes

Finance

04 January, 2023

Financials drag markets 1% lower ahead of Fed minutes

Shares fell about 1% on Wednesday, with financials and metals leading a broad-based retreat as investors fret over the ......

Silver Consumer concludes equity issue to Plutus, India Inflection

Consumer

04 January, 2023

Silver Consumer concludes equity issue to Plutus, India Inflection

Rajkot-based Silver Consumer Electricals Pvt. Ltd has concluded issuing 20% stake to Plutus Wealth Management LLP and ......

Relief from oil prices helps rupee inch up, outlook remains weak

Finance

04 January, 2023

Relief from oil prices helps rupee inch up, outlook remains weak

The rupee was trading marginally higher against the dollar on Wednesday tracking an overnight slide in oil prices. ......

Markets drop, led by metal firms, ahead of Fed minutes

Finance

04 January, 2023

Markets drop, led by metal firms, ahead of Fed minutes

Shares declined on Wednesday, with metal stocks leading a broad-based retreat as investors fret over the rising Covid-19......

Markets set for weak open ahead of Fed minutes

Finance

04 January, 2023

Markets set for weak open ahead of Fed minutes

Indian shares were set for a muted open on Wednesday ahead of the Federal Reserve's release of minutes from its ......

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Religare Enterprises plans QIP after paying unit's settlement sum

Finance

04 January, 2023

Religare Enterprises plans QIP after paying unit's settlement sum

Rashmi Saluja, chairperson of Religare Enterprises Ltd (REL) said the company intends to raise up to ₹800 crore ......

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