Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Economy
India's services activity grew robustly in Nov; price pressures intensify
Activity in India's dominant services sector continued to grow at a robust pace last month supported by a strong recovery...
Finance
Star Health raises lower than targeted amount in IPO amid weak demand
The initial public offering (IPO) of Star Health & Allied Insurance Co Ltd sailed through on the final day, after ......
Finance
SBI puts Rs 4,000 cr loan exposure in KSK Mahanadi up for sale
State Bank of India, the country’s largest public sector lender, has put loans worth Rs 4101.87 crore ($547 million) in...
Finance
Westbridge Capital-backed Star Health to cut OFS size amid weak demand for IPO
The initial public offering of Star Health and Allied Insurance Co Ltd will cut its offer for sale (sale of ......
Finance
Slice backer 8i Ventures launches second VC fund of $50mn
Early-stage venture capital firm 8i Ventures, which has backed company such as the recently turned fintech unicorn Slice and specialty...
Finance
Fairfax made its first partial exit from IIFL, sitting on below-benchmark returns
Canadian billionaire Prem Watsa’s Fairfax has made a partial exit from non-banking financial company (NBFC) IIFL Finance. The...
Finance
Open backer Unicorn India Ventures raises bulk of second fund, adds global LPs
Unicorn India Ventures, backer of companies such as neo-banking startup Open, micro-lending startup SmartCoin and robotics firm...
Economy
India Nov trade deficit at record $23.27 billion
India posted a record merchandise trade deficit of $23.27 billion in November compared with $10.19 billion a year ago, preliminary...
Finance
Indian shares edge higher on auto, pharma boost; Omicron woes cap gains
Indian shares opened marginally higher on Thursday, as gains in autos, pharma and energy were capped by fears about the ......
Finance
Japan's Sumitomo Mitsui Financial buys 74.9% stake in Fullerton India Credit
Japan’s Sumitomo Mitsui Financial Group (SMFG) has bought 74.9% stake in non-bank lender Fullerton India...