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

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Blackstone-owned Aadhar Housing's CEO on pandemic's impact on business and more

Finance

20 July, 2020

Blackstone-owned Aadhar Housing's CEO on pandemic's impact on business and more

In February 2019, Blackstone Group, the world’s largest private equity firm, inked a pact to acquire Aadhar Housing Finance Ltd. ......

L&T to wind up West Asian wealth management unit after InCred deal collapses

Finance

17 July, 2020

L&T to wind up West Asian wealth management unit after InCred deal collapses

L&T Finance Holdings Ltd said on Friday it will wind up its West Asian wealth management unit after a planned ......

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Dutch investor FMO tops up bet on Indian SME lender

Finance

17 July, 2020

Dutch investor FMO tops up bet on Indian SME lender

FMO, the development finance institution of the Netherlands, is providing additional financing to an Indian fintech lender that...

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Former L Catterton Asia head gears up to float consumer fund

People

17 July, 2020

Former L Catterton Asia head gears up to float consumer fund

Eleven years ago, at the height of the global financial crisis, Ravi Thakran raised $650 million for the first fund ......

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Entrepreneur First fund hits final close, to back 4th cohort of Indian startups

Finance

17 July, 2020

Entrepreneur First fund hits final close, to back 4th cohort of Indian startups

Entrepreneur First, a London-based organisation that helps individuals build companies from scratch and entered India last year,...

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Wipro Ventures managing partners on investing during pandemic and more

Finance

17 July, 2020

Wipro Ventures managing partners on investing during pandemic and more

Wipro Ventures, the investment arm of IT services major Wipro Ltd, launched its second fund of $150 million earlier this ......

State Bank of India veteran to take over as SBI Card CEO

Finance

16 July, 2020

State Bank of India veteran to take over as SBI Card CEO

SBI Cards & Payments Services Ltd has appointed Ashwini Kumar Tewari as its managing director and chief executive officer,...

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Kotak Investment's $1 bn special situations fund seals second deal

Finance

16 July, 2020

Kotak Investment's $1 bn special situations fund seals second deal

An alternative assets fund of Kotak Investment Advisors Ltd, a wholly owned unit of Kotak Mahindra Bank, has struck its ......

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As RIL's net debt turns zero, a look at companies carrying heavy loan burden

Finance

16 July, 2020

As RIL's net debt turns zero, a look at companies carrying heavy loan burden

India Inc.’s gargantuan debt problem is unlikely to be solved anytime soon as almost a fifth of the 500 most ......

Why it may be time for RBI to pause its rate-cutting cycle

Economy

16 July, 2020

Why it may be time for RBI to pause its rate-cutting cycle

With India's economic growth sputtering, the Reserve Bank of India was expected to maintain a rate-cutting cycle, but an uptick...

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