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Finance

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

Max Financial and Axis Bank agree to tweak insurance deal as regulator turns up heat

Finance

24 July, 2020

Max Financial and Axis Bank agree to tweak insurance deal as regulator turns up heat

Max Financial Services and Axis Bank have agreed to make changes to the value-creation options in their proposed life insurance...

Banks' bad debt to jump amid COVID-19 pandemic: RBI report

Finance

24 July, 2020

Banks' bad debt to jump amid COVID-19 pandemic: RBI report

The impact of the COVID-19 pandemic is likely to push up the gross non-performing assets in the Indian banking system ......

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Will step up dealmaking pace, eyeing agri-tech and gaming: BlackSoil co-founder

Finance

24 July, 2020

Will step up dealmaking pace, eyeing agri-tech and gaming: BlackSoil co-founder

Non-banking financial company BlackSoil Capital Pvt. Ltd is looking to step up its pace of investment after a cautious period ......

Blackstone Q2 distributable earnings drop as asset sales slow

Finance

24 July, 2020

Blackstone Q2 distributable earnings drop as asset sales slow

Blackstone Group Inc, the world's largest alternative asset manager, said on Thursday its distributable earnings fell 23%...

Govt tightens import rules for bidders from China, other neighbours

Economy

24 July, 2020

Govt tightens import rules for bidders from China, other neighbours

India on Thursday said bidders from bordering countries eyeing government contracts would need prior registration and security...

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Areion Asset Management gets early commitment for $64 mn stressed assets fund

Finance

23 July, 2020

Areion Asset Management gets early commitment for $64 mn stressed assets fund

Areion Asset Management Pvt. Ltd has received investor commitments for a fifth of its distressed assets vehicle’s second...

NFRA bans former Deloitte partner over IL&FS unit audit

Finance

23 July, 2020

NFRA bans former Deloitte partner over IL&FS unit audit

India’s National Financial Regulatory Authority (NFRA) on Wednesday imposed a seven-year audit ban on a former partner of...

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Majority investor takes management control of Indian School Finance

Finance

22 July, 2020

Majority investor takes management control of Indian School Finance

Majority investor Gray Matters Capital has taken over the management of Indian School Finance Company Pvt. Ltd after top executives...

Lee to be sole Carlyle CEO as Youngkin steps down

Finance

21 July, 2020

Lee to be sole Carlyle CEO as Youngkin steps down

Carlyle Group Inc said on Tuesday that Glenn Youngkin will step down as co-chief executive to dedicate himself to public ......

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Warburg Pincus-backed SBI General Insurance gets new CEO

Finance

21 July, 2020

Warburg Pincus-backed SBI General Insurance gets new CEO

SBI General Insurance Company Ltd, which counts private equity firm Warburg Pincus as an investor, has elevated its deputy chief...

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