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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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Milltrust International likely to increase India exposure for climate impact fund

Finance

16 September, 2020

Milltrust International likely to increase India exposure for climate impact fund

Milltrust International’s climate impact fund is likely to increase its India exposure as more companies make efforts to...

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Warburg pulls out over $100 mn from CAMS with strong returns ahead of IPO

Finance

16 September, 2020

Warburg pulls out over $100 mn from CAMS with strong returns ahead of IPO

Computer Age Management Services Ltd (CAMS), a technology-driven financial infrastructure and services provider to mutual funds...

KKR raises over $11 bn for fourth Asia fund

Finance

16 September, 2020

KKR raises over $11 bn for fourth Asia fund

Private equity powerhouse KKR & Co has raised over $11 billion after the first close of its fourth Asia-focused fund, ......

India's recovery not entrenched, will only be gradual: RBI chief

Economy

16 September, 2020

India's recovery not entrenched, will only be gradual: RBI chief

Some high frequency indicators are pointing towards stabilisation in economic activity in India but the recovery is still not...

Fraud-hit PMC Bank reaches out to major lenders for merger

Finance

16 September, 2020

Fraud-hit PMC Bank reaches out to major lenders for merger

India's fraud-hit PMC Bank has approached other banks over a possible merger even as its efforts to recover funds from ......

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Warburg Pincus to cut CAMS stake in pre-IPO deal as firm ups issue size

Finance

15 September, 2020

Warburg Pincus to cut CAMS stake in pre-IPO deal as firm ups issue size

Private equity giant Warburg Pincus, which is the promoter of Computer Age Management Services Ltd (CAMS), will sell nearly a...

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Sabre Partners expands new fund's corpus after commitment from US limited partner

Finance

15 September, 2020

Sabre Partners expands new fund's corpus after commitment from US limited partner

India-focussed mid-market private equity firm Sabre Partners has expanded the size of its new fund as it got a quarter ......

‘Developing Asia' to shrink for first time in nearly six decades: ADB

Economy

15 September, 2020

‘Developing Asia' to shrink for first time in nearly six decades: ADB

The coronavirus pandemic will cause economic output in "developing Asia" to shrink for the first time in nearly six...

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Former Goldman exec's White Oak Capital ropes in CEO from Motilal Oswal AMC

Finance

14 September, 2020

Former Goldman exec's White Oak Capital ropes in CEO from Motilal Oswal AMC

White Oak Capital Management, a boutique investment management and advisory firm set up by former Goldman Sachs executive Prashant...

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Manappuram-controlled Asirvad Microfinance to raise money from German impact investor

Finance

14 September, 2020

Manappuram-controlled Asirvad Microfinance to raise money from German impact investor

Asirvad Microfinance, majority owned by Manappuram Finance, will raise about Rs 220 crore (€25 million) in external commercial...

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