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Finance

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

India needs to look beyond what rating agencies think: Raghuram Rajan

Economy

06 August, 2020

India needs to look beyond what rating agencies think: Raghuram Rajan

Former Reserve Bank of India governor Raghuram Rajan said on Thursday that overly focusing on what sovereign rating agencies think...

RBI holds interest rates amid rising inflation

Economy

06 August, 2020

RBI holds interest rates amid rising inflation

India’s central bank kept interest rates on hold on Thursday, amid a recent rise in retail consumer prices and said ......

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Not right to drag all distressed companies into insolvency: SBI MD

Finance

06 August, 2020

Not right to drag all distressed companies into insolvency: SBI MD

Indian banks and financial regulators should look for solutions outside the bankruptcy law to deal with stressed assets that will...

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CDC's direct investments in India triple even as LP commitments fall

Finance

05 August, 2020

CDC's direct investments in India triple even as LP commitments fall

UK-based development finance institution CDC Group Plc’s direct investment portfolio in India grew three times in 2019 as...

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Morgan Stanley's maiden India infrastructure fund hits final close

Finance

05 August, 2020

Morgan Stanley's maiden India infrastructure fund hits final close

An India-focused infrastructure investment fund managed by global financial services giant Morgan Stanley has marked its final...

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Inditrade bulks up financial products distribution with acquisition of VC investor arm

Finance

05 August, 2020

Inditrade bulks up financial products distribution with acquisition of VC investor arm

Brokerage firm Inditrade Capital Ltd has acquired a subsidiary of a Singapore-based venture capital fund to boost its third-party...

India's services activity contracts for fifth straight month in July

Economy

05 August, 2020

India's services activity contracts for fifth straight month in July

India’s dominant services industry, a key driver of economic growth, shrank for a fifth straight month in July as restraining...

US agency guarantees IndusInd debt funding for housing finance firm Aviom

Finance

05 August, 2020

US agency guarantees IndusInd debt funding for housing finance firm Aviom

The United States International Development Finance Corporation (USIDFC) has guaranteed a $5 million (Rs 37 crore) debt financing...

Sequoia hires Gojek exec as operating partner; July Ventures names managing partners

Finance

04 August, 2020

Sequoia hires Gojek exec as operating partner; July Ventures names managing partners

Sequoia Capital India has tapped into its Indonesian portfolio company Gojek to fill in the role of an operating partner. Ajey...

KKR beats estimates with flat second-quarter earnings

Finance

04 August, 2020

KKR beats estimates with flat second-quarter earnings

U.S. private equity firm KKR & Co Inc said on Tuesday that its second-quarter distributable earnings were flat year-on-year,...

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