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

Oil more than 2% higher on a weaker dollar

Finance

18 July, 2022

Oil more than 2% higher on a weaker dollar

Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies that offset concerns about recession ......

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Sanjay Nayar's maiden tech fund marks first close at $100 mn

TMT

18 July, 2022

Sanjay Nayar's maiden tech fund marks first close at $100 mn

Sorin Investments, a tech fund co-founded by private equity veteran Sanjay Nayar and Angad Banga of Hong Kong-based Caravel group,...

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M&A deal value in financial services hits record high in Jan-June

Finance

18 July, 2022

M&A deal value in financial services hits record high in Jan-June

Mergers and acquisitions (M&As) deal value in the financial services sector broke all records in the first six months of ......

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Deals Digest: Companies rack up $405 mn this week; OneCard, 5ire join unicorn race

Finance

15 July, 2022

Deals Digest: Companies rack up $405 mn this week; OneCard, 5ire join unicorn race

Companies raised $405 million in venture capital (VC) and private equity (PE) funding this week, a significant jump from last...

Yes Bank selects JC Flowers as highest bidder to buy $6 bn bad loans

Finance

15 July, 2022

Yes Bank selects JC Flowers as highest bidder to buy $6 bn bad loans

Yes Bank Ltd's board has chosen JC Flowers Asset Reconstruction Co (JCF ARC) as the highest bidder to become the ......

Gojo & Co.-backed Satya MicroCapital to foray into housing finance

Finance

14 July, 2022

Gojo & Co.-backed Satya MicroCapital to foray into housing finance

Satya MicroCapital, backed by Japanese impact investor Gojo & Company Inc, has announced its entry into affordable housing...

Y Combinator, Khosla Ventures back fintech startup Swadesh

Finance

14 July, 2022

Y Combinator, Khosla Ventures back fintech startup Swadesh

Cross-border fintech platform Swadesh Digital Pvt. Ltd on Thursday said it has secured a pre-seed funding of $2.25 million (around...

Markets continue to end lower as fall in PSU banks and IT weigh on sentiment

Finance

14 July, 2022

Markets continue to end lower as fall in PSU banks and IT weigh on sentiment

Shares closed lower for a fourth straight session as public sector banks and information technology companies fell on Thursday,...

Indices fail to sustain opening gains, end at 1-week low

Finance

13 July, 2022

Indices fail to sustain opening gains, end at 1-week low

Markets gave up early gains to hit a one-week low on Wednesday as banks fell ahead of US inflation data ......

Oil prices take a breather after sharp fall on Tuesday

Finance

13 July, 2022

Oil prices take a breather after sharp fall on Tuesday

Oil edged up on Wednesday, a day after prices fell through $100 a barrel for the first time since April, ......

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