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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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Former Lehman bankers float data centre fund for India, other emerging markets

Finance

21 October, 2020

Former Lehman bankers float data centre fund for India, other emerging markets

Two former investment bankers of Lehman Brothers and a former fund manager of private equity firm Sino-Arab Funds have joined...

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Two more senior execs quit Clix Capital ahead of merger with Lakshmi Vilas Bank

Finance

21 October, 2020

Two more senior execs quit Clix Capital ahead of merger with Lakshmi Vilas Bank

Two senior executives of Clix Capital have moved out just months after chief executive officer (CEO) Bhavesh Gupta quit, two ......

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Oman-India PE fund bets more on private-sector lender

Finance

20 October, 2020

Oman-India PE fund bets more on private-sector lender

Mid-market private equity firm Oman India Joint Investment Fund (OIJIF) has increased its stake in an Indian private-sector lender,...

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IndoStar continues to strengthen top deck, ropes in exec from HDFC Bank unit

Finance

20 October, 2020

IndoStar continues to strengthen top deck, ropes in exec from HDFC Bank unit

IndoStar Capital Finance Ltd, majority-owned by Canadian investor Brookfield Asset Management, has roped in a top executive from...

SAIF Partners rebrands as it marks final close of new fund, loses MD

Finance

20 October, 2020

SAIF Partners rebrands as it marks final close of new fund, loses MD

Venture capital and growth-equity investment firm SAIF Partners, which backs companies such as Paytm, Swiggy and ShareChat, said...

Equitas Small Finance Bank's IPO crosses one-third mark on first day

Finance

20 October, 2020

Equitas Small Finance Bank's IPO crosses one-third mark on first day

The initial public offering of Equitas Small Finance Bank, a unit of Equitas Holdings Ltd, crossed the one-third mark on ......

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Essar Capital hires Religare exec as senior MD

Finance

19 October, 2020

Essar Capital hires Religare exec as senior MD

The Ruia family-backed Essar Capital Ltd, the investment manager of Essar Global Fund Ltd, has appointed a former Religare Finvest...

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I-bank o3 Capital rethinks credit strategy on virus outbreak as top exec quits

Finance

19 October, 2020

I-bank o3 Capital rethinks credit strategy on virus outbreak as top exec quits

Mid-market investment banking firm o3 Capital Global Advisory Pvt. Ltd is re-evaluating its credit strategy as investors’...

Govt asks state-run firms to consider buybacks in move to bridge fiscal gap

Economy

19 October, 2020

Govt asks state-run firms to consider buybacks in move to bridge fiscal gap

India has asked at least eight state-run companies to consider share buybacks in the fiscal year that runs through March ......

Edelweiss amasses $900 mn for third structured credit fund

Finance

19 October, 2020

Edelweiss amasses $900 mn for third structured credit fund

Edelweiss Alternative Asset Advisors Ltd has raised Rs 6,600 crore ($900 million) for its third structured credit fund, the unit...

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