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

ADIA to invest Rs 655 cr in Aditya Birla Health Insurance for 10% stake

Finance

12 August, 2022

ADIA to invest Rs 655 cr in Aditya Birla Health Insurance for 10% stake

The boards of directors of Aditya Birla Capital Ltd and Aditya Birla Health Insurance Co. Ltd (ABHI) on Friday approved ......

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Cactus Venture Partners raises $44 mn in 1st close of debut fund

Finance

11 August, 2022

Cactus Venture Partners raises $44 mn in 1st close of debut fund

Mumbai-based venture capital firm Cactus Venture Partners (CVP) has raised ₹350 crore (around $44 million) in the ......

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WazirX-Binance spat may reduce trading options for users

Finance

12 August, 2022

WazirX-Binance spat may reduce trading options for users

The continuing spat between crypto exchanges WazirX and Binance could reduce the number of crypto tokens the company ......

Indian shares hit four-month high; inflation data eyed

Finance

11 August, 2022

Indian shares hit four-month high; inflation data eyed

Indian shares closed at four-month highs on Thursday, led by gains in technology and bank stocks, after a softer-than-......

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Micelio Fund aims to make first EV financing startup bet

Finance

11 August, 2022

Micelio Fund aims to make first EV financing startup bet

Micelio Fund, a clean mobility-focused venture capital fund, aims to make its first bet in an electric vehicle (EV) ......

Credit Suisse steps up $440 million legal dispute with SoftBank-FT

Finance

11 August, 2022

Credit Suisse steps up $440 million legal dispute with SoftBank-FT

Swiss lender Credit Suisse Group AG sought permission from an English court last week to initiate formal legal ......

SoftBank to mop up $34 bn from partial stake sale in Alibaba

Finance

10 August, 2022

SoftBank to mop up $34 bn from partial stake sale in Alibaba

SoftBank Group Corp said on Wednesday it would book a gain of $34.1 billion by cutting its stake in Alibaba ......

PolicyBazaar's Q1 net loss widens but revenue doubles

Finance

10 August, 2022

PolicyBazaar's Q1 net loss widens but revenue doubles

Online insurance aggregator PolicyBazaar, operated by PB Fintech Ltd, reported a wider net loss of Rs 204.3 crore for ......

Rupee gaining ground against the dollar ahead of key inflation data

Finance

10 August, 2022

Rupee gaining ground against the dollar ahead of key inflation data

The rupee extended its gains versus the US currency on Wednesday, inching above the 79.50 mark on dollar inflows. The......

TPG quarterly earnings more than triple on fee growth, asset sales

Finance

09 August, 2022

TPG quarterly earnings more than triple on fee growth, asset sales

TPG Inc said on Tuesday its second-quarter after-tax distributable earnings more than tripled, owing to strong growth in......

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