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

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Capital raised from primary markets in FY22 will surpass previous fiscal: Kotak i-banking CEO

Finance

31 May, 2021

Capital raised from primary markets in FY22 will surpass previous fiscal: Kotak i-banking CEO

Since January this year, as many as 18 Indian firms have hit the public markets to raise close to Rs ......

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Weekly Deals Wrap: Total value plunges from peak but Tata arrests the fall

Finance

28 May, 2021

Weekly Deals Wrap: Total value plunges from peak but Tata arrests the fall

Dealmaking during the last week of May plunged more than half in value from the dizzying heights of the previous ......

Hindustan Construction Company board okays resolution plan to reduce debt

Finance

28 May, 2021

Hindustan Construction Company board okays resolution plan to reduce debt

The board of Hindustan Construction Company Ltd (HCC) has approved a debt resolution plan of the firm in a bid ......

State-run Canara Bank to raise up to $1.2 bn via debt, equity

Finance

28 May, 2021

State-run Canara Bank to raise up to $1.2 bn via debt, equity

State-run Canara Bank said on Friday it will raise up to Rs 9,000 crore ($1.2 billion) in debt and equity ......

Jio moves bankruptcy tribunal for audit reports on Reliance Infratel, parent

Finance

28 May, 2021

Jio moves bankruptcy tribunal for audit reports on Reliance Infratel, parent

Reliance Jio Infocomm has moved the bankruptcy tribunal for forensic audit reports on tower firm Reliance Infratel and parent...

Northern Arc Capital, others invest debt money in Shriram Transport Finance

Finance

28 May, 2021

Northern Arc Capital, others invest debt money in Shriram Transport Finance

Commercial vehicle financier Shriram Transport Finance Company Ltd has raised Rs 350 crore ($48.3 million) in debt funding from...

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Aditya Birla ARC buys distressed debt of a coal-fired power plant in Chhattisgarh

Finance

27 May, 2021

Aditya Birla ARC buys distressed debt of a coal-fired power plant in Chhattisgarh

Aditya Birla Asset Reconstruction Company (ARC) has snapped up debt worth Rs 2,500 crore (about $344 million) of a firm ......

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JM Financial Asset Reconstruction Company to exit another hotel asset

Finance

26 May, 2021

JM Financial Asset Reconstruction Company to exit another hotel asset

JM Financial Asset Reconstruction Company (ARC) is set to exit another hotel asset as the bankruptcy tribunal has okayed an ......

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Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?

Finance

26 May, 2021

Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?

The bankruptcy tribunal’s move last Thursday directing lenders of Dewan Housing Finance Corporation (DHFL) to consider a...

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In Charts: How the Alternative Investment Funds regime has shape-shifted this year

Finance

25 May, 2021

In Charts: How the Alternative Investment Funds regime has shape-shifted this year

The ministry of finance and the capital markets regulator Securities Exchange Board of India (SEBI) have both proposed multiple...

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