Finance

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

Muted trade on Dalal Street; losses in metals, energy offset by gains in auto, FMCG stocks

Finance

10 May, 2022

Muted trade on Dalal Street; losses in metals, energy offset by gains in auto, FMCG stocks

Markets are subdued in early trade on Tuesday, with losses in metal and energy stocks countering gains in automobile and ......

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Finance

09 May, 2022

Senior McKinsey exec Hrishikesh Parandekar joins Mumbai-based asset manager

Senior McKinsey consultant and former Ambit Holdings CEO, Hrishikesh Parandekar has joined Mumbai-based alternate asset manager...

Finance

09 May, 2022

Markets end in the red; rupee at record low, crosses 77.50/$ mark

Markets fell and the rupee hit an all-time low Monday, weighed down by global economic growth worries due to tightening ......

Finance

09 May, 2022

Paytm grants new 3.9 mn employee stock options

One97 Communications Ltd, which owns digital payments firm Paytm, has granted 3.9 million new employee stock options (Esops) to...

Finance

09 May, 2022

Gemba Capital to announce closure of maiden fund, likely touch $13 mn mark

Micro venture fund Gemba Capital Monday announced the initial closing of its maiden $10 million fund (around Rs 75 crore), ......

Finance

09 May, 2022

Market starts week on a weak note, Rupee hits record low

Indian shares extended losses and the rupee fell to an all-time low on Monday, after broader Asian stocks declined on ......

Finance

09 May, 2022

9Unicorns marks fifth close of its first fund at $100 mn

Venture fund 9Unicorns, set up by incubator and accelerator Venture Catalysts, announced the fifth closure of its maiden $100...

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Finance

09 May, 2022

Mid-stage investor Fundamentum plans bets on Web3, EV from new fund

Fundamentum Partnership, floated by Infosys co-founder Nandan Nilekani and Helion Ventures co-founder Sanjeev Aggarwal, is...

Finance

06 May, 2022

Investors jittery after surprise rate hike, markets see worst week in 5 months

The markets closed over 1% lower Friday and registered their worst week since November, as investors fretted that fast-paced interest...

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Finance

06 May, 2022

Companies raise $677 mn this week; neobank Open turns unicorn

Indian startups raised $677 million (Rs 5,205 crore) from venture capital and private equity entities this week compared to $766...

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