Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Why RBI nixing UV ARC's plan to buy Aircel is bad news for all stressed assets
The resolution of distressed assets under the Insolvency and Bankruptcy Code (IBC) has hit a big stumbling block with the ......
Finance
Ed-tech sector has a huge valuation mismatch: Equanimity's Sehgal
Mumbai-based venture capital firm Equanimity Investments made the final close of its debut fund with an oversubscription last month. The ......
Economy
India's recession-hit economy unlikely to recover before 2021
India’s deepest recession on record will linger through the rest of this year and begin to lift only in early ......
Finance
PAG to buy 51% stake in Edelweiss Wealth Management for $300 mn
Hong Kong private equity firm PAG has struck its second India related transaction as it inks an agreement to pick ......
Finance
Shriram Transport parent nominates PE exec ousted from board
Shriram Transport Finance Corporation (STFC) and its promoters have nominated for re-induction as a director an executive of private...
Economy
Economy more resilient now vs global financial crisis, says RBI Governor
The Indian economy remains much stronger amid the coronavirus pandemic than it was during the global financial crisis over a ......
Finance
Sequoia Capital floats annex funds for India, other markets
Sequoia Capital, which raised a record corpus for its new India and Southeast Asia fund last month, has floated annex ......
Finance
Oman India PE fund hits final close of second fund after long slog
Mid-market private equity firm Oman India Joint Investment Fund (OIJIF) has made a final close of its second fund, more ......
Finance
No funds available: Depositors at PMC Bank survive on loans, charity
In February, 82-year-old Kishan Lal appealed to India's finance minister for help, saying in a Twitter message he was ready...
Finance
SBI gets new head to wrestle down bad loans worth $17.5 bn
India’s largest lender State Bank of India (SBI) has appointed a new managing director (MD) to manage down gross non-performing...
