Finance

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

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Company Watch: Can PE-backed Veritas Finance lift profitability, asset quality?

Finance

25 August, 2020

Company Watch: Can PE-backed Veritas Finance lift profitability, asset quality?

Veritas Finance Pvt. Ltd was founded in 2015 to finance the “missing middle”.  This target segment, located...

Economy

25 August, 2020

Govt consumption key to demand growth in economy: RBI report

Indian government spending will support the economy during the pandemic, but private consumption will be needed to drive any economic ......

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Finance

25 August, 2020

Indian School Finance hires new CEO in turnaround effort

Indian School Finance Company Pvt. Ltd (ISFC) has appointed a new managing director and chief executive and also raised fresh...

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Finance

24 August, 2020

Who voted out TPG's Bhatia from Shriram Transport Finance board?

In a relatively rare case of shareholder activism in India, one of the longest-serving board members of a finance firm ......

Finance

24 August, 2020

Axis Bank cuts stake purchase in Max Life Insurance

Private-sector lender Axis Bank will buy a smaller stake than previously planned in Max Life Insurance Company Ltd in an ......

Finance

24 August, 2020

Non-bank lender BlackSoil raises more debt capital

Mumbai-based non-banking financial company BlackSoil Capital Pvt. Ltd said Monday it has raised Rs 25 crore ($3.35 million) by...

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Finance

24 August, 2020

Dubai-based family office launches India-focussed early-stage fund

A Dubai-based family office has floated an early-stage investment fund which will be managed by investment banking firm Candle Partners...

Finance

22 August, 2020

ICICI Lombard to acquire Bharti AXA General Insurance

ICICI Lombard General Insurance Company Ltd has agreed to acquire Bharti AXA General Insurance Company Ltd via an all-stock transaction...

Finance

21 August, 2020

Prashant Khemka's White Oak to acquire India's smallest mutual fund

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

Finance

21 August, 2020

CDC to make LP bet on Chiratae Ventures' new fund

CDC Group Plc, the UK-based development finance institution, said Friday it has committed $10 million (around Rs 75 crore) to...

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