Finance

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

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Why RBI nixing UV ARC's plan to buy Aircel is bad news for all stressed assets

Finance

28 August, 2020

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 ......

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Finance

28 August, 2020

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

28 August, 2020

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

27 August, 2020

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 ......

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Finance

27 August, 2020

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

27 August, 2020

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 ......

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Finance

26 August, 2020

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 ......

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Finance

26 August, 2020

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

26 August, 2020

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...

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Finance

25 August, 2020

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...

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