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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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Northern Arc Capital's ops chief on moving to a platform strategy and more

Finance

16 October, 2020

Northern Arc Capital's ops chief on moving to a platform strategy and more

Non-banking financial company (NBFC) Northern Arc Capital is one of the few players that offer diverse financing solutions to corporates ......

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Indiabulls pulls out more from OakNorth but gains get clipped from peak valuation

Finance

16 October, 2020

Indiabulls pulls out more from OakNorth but gains get clipped from peak valuation

Indiabulls Housing Finance Ltd has raised Rs 220 crore ($30 million) by selling shares of UK-based OakNorth Bank Ltd’s parent,...

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Top executive quits Multiples PE to float own venture

Finance

16 October, 2020

Top executive quits Multiples PE to float own venture

A top executive at Multiples Alternate Asset Management Pvt. Ltd has left the homegrown private equity firm after a decade-long...

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Value lens: Suryoday, Equitas eye float but market may cheer only one SFB's swim

Finance

16 October, 2020

Value lens: Suryoday, Equitas eye float but market may cheer only one SFB's swim

Suryoday Small Finance Bank is priced significantly higher than its peers while Equitas SFB seems to suffer from a steep ......

GST shortfall: Central govt to borrow $15 bn to give to states

Economy

16 October, 2020

GST shortfall: Central govt to borrow $15 bn to give to states

India's federal government said it plans to borrow 1.1 trillion rupees in tranches to compensate states for tax losses due...

PwC India appoints head of deals practice as new chairman

Finance

15 October, 2020

PwC India appoints head of deals practice as new chairman

PricewaterhouseCoopers (PwC) India has appointed Sanjeev Krishan, who is the head of the firm’s deals practice, as its chairman. Krishan...

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Equitas Small Finance Bank seeks over $500 mn valuation via IPO

Finance

15 October, 2020

Equitas Small Finance Bank seeks over $500 mn valuation via IPO

Equitas Small Finance Bank Ltd, a unit of Equitas Holdings Ltd, is seeking a valuation Rs 3,756 crore ($512 million ......

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Has World Bank arm IFC's exposure to India peaked out?

Finance

15 October, 2020

Has World Bank arm IFC's exposure to India peaked out?

International Finance Corporation’s exposure to India dropped during the year through June 2020 even though the South Asian...

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TVS Capital makes comeback to Mumbai-based lender after five years

Finance

14 October, 2020

TVS Capital makes comeback to Mumbai-based lender after five years

Homegrown private equity firm TVS Capital Funds has come back to a Mumbai-based private-sector bank after five years....

Paytm founder doubles investment in Roots Ventures' debut fund

Finance

14 October, 2020

Paytm founder doubles investment in Roots Ventures' debut fund

Paytm founder Vijay Shekhar Sharma has doubled his investment in the debut fund of alternative asset management firm Roots Ventures. Japan...

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