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

GIC bets more on Bandhan Bank as Temasek joins in

Finance

04 August, 2020

GIC bets more on Bandhan Bank as Temasek joins in

Singapore sovereign wealth fund GIC Pte Ltd has increased its stake in Bandhan Bank while its sister concern Temasek Holdings...

Sashidhar Jagdishan to replace Aditya Puri as HDFC Bank chief

Finance

04 August, 2020

Sashidhar Jagdishan to replace Aditya Puri as HDFC Bank chief

The Reserve Bank of India has approved the appointment of Sashidhar Jagdishan as managing director and CEO of HDFC Bank ......

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Warburg Pincus on track for its single-biggest multibagger from India bet

Finance

31 July, 2020

Warburg Pincus on track for its single-biggest multibagger from India bet

Warburg Pincus, which has had a string of successes in India, is set to generate its highest returns in terms ......

India's fiscal deficit hits 83.2% of annual goal in April-June period

Economy

31 July, 2020

India's fiscal deficit hits 83.2% of annual goal in April-June period

India's fiscal deficit in the three months to end June stood at 6.62 trillion rupees ($88.52 billion), or 83.2% of ......

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Beenext's Teruhide Sato on investing during pandemic, valuations and more

Finance

31 July, 2020

Beenext's Teruhide Sato on investing during pandemic, valuations and more

Singapore-based venture capital firm Beenext has invested in more than 70 Indian startups over the past five years. These include ......

Carlyle's second-quarter earnings fall less than expected

Finance

30 July, 2020

Carlyle's second-quarter earnings fall less than expected

Carlyle Group Inc reported a smaller-than-expected 7% on-year drop in second-quarter distributable earnings on Thursday, as profits...

Former Innov8 exec to head Oyo founder-backed VC firm Aroa Ventures

Finance

30 July, 2020

Former Innov8 exec to head Oyo founder-backed VC firm Aroa Ventures

Ritesh Agarwal, the founder of SoftBank Vision Fund-backed Oyo Hotels and Homes, has floated a venture-stage investment vehicle...

IFC launches $4 bn medical supply financing platform for developing countries

Finance

30 July, 2020

IFC launches $4 bn medical supply financing platform for developing countries

The World Bank Group's private sector arm said on Wednesday it was launching a $4 billion financing platform aimed at ......

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In Charts: How the woes of India's banking sector and economy may worsen

Finance

29 July, 2020

In Charts: How the woes of India's banking sector and economy may worsen

Last week, the Reserve Bank of India unveiled the results of the latest “stress test” that it conducts periodically...

India's gloomy outlook darkens, recovery path in doubt: Poll

Economy

29 July, 2020

India's gloomy outlook darkens, recovery path in doubt: Poll

The outlook for India's reeling economy has worsened again as business activity slows and COVID-19 infections soar, and will...

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