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

India joins global consensus framework to tax multinational firms

Finance

02 July, 2021

India joins global consensus framework to tax multinational firms

India has joined a global consensus framework deal to tax multinational companies, the government said on Friday, an effort backed...

Edelweiss Group to exit insurance broking business by selling stake to US JV partner

Finance

02 July, 2021

Edelweiss Group to exit insurance broking business by selling stake to US JV partner

Edelweiss Group, a financial services entity, on Friday said it will exit its insurance broking business with the divestment of...

Poonawalla group-backed Magma Fincorp gets new CFO

Finance

02 July, 2021

Poonawalla group-backed Magma Fincorp gets new CFO

Adar Poonawalla group firm-controlled Magma Fincorp Ltd has appointed former Aditya Birla Finance executive Sanjay Miranka as...

Asia M&A bonanza fuelled by Southeast Asia, private equity deals

Finance

02 July, 2021

Asia M&A bonanza fuelled by Southeast Asia, private equity deals

Asian merger and acquisition activity surged to its second-highest level ever for a first half as Southeast Asian and private-equity...

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M&A deal volumes spike but IPOs fetch better value

Finance

01 July, 2021

M&A deal volumes spike but IPOs fetch better value

Despite the pandemic, M&A deal volumes spiked in the first half of this year as compared to the same period ......

Vivriti Group's asset manager marks final close of maiden debt fund

Finance

01 July, 2021

Vivriti Group's asset manager marks final close of maiden debt fund

Vivriti Asset Management on Thursday said it has made the final close of its maiden debt fund with commitments worth ......

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CDC partially exits IIFL Finance, US-based The Capital Group joins cap table

Finance

01 July, 2021

CDC partially exits IIFL Finance, US-based The Capital Group joins cap table

UK’s development finance institution CDC Group has sold a little less than a fourth of its holding in Nirmal Jain-promoted...

Dealmakers drown in deals in second-quarter M&A frenzy

Finance

01 July, 2021

Dealmakers drown in deals in second-quarter M&A frenzy

Global mergers and acquisitions (M&A) activity broke records for a second consecutive quarter this year as companies continued...

AIFs cheer SEBI move to introduce accredited investors

Finance

30 June, 2021

AIFs cheer SEBI move to introduce accredited investors

The Securities Exchange Board of India’s (SEBI) introduction of the concept of “accredited investors” is a boost...

HDFC takes 8.4% stake in Ansal Housing by invoking pledged shares

Finance

30 June, 2021

HDFC takes 8.4% stake in Ansal Housing by invoking pledged shares

India’s largest private mortgage financier Housing Development Finance Corporation (HDFC) has acquired an 8.42% stake in...

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