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Finance

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

SAIF Partners-backed Aye Finance raises $8 mn via debt securitisation

Finance

31 July, 2019

SAIF Partners-backed Aye Finance raises $8 mn via debt securitisation

Non-banking financial company Aye Finance Pvt. Ltd has raised Rs 55 crore ($8 million at current exchange rates) from Maharashtra-based...

Fiscal deficit crosses 61% of budgeted target in first three months of 2019-20

Finance

31 July, 2019

Fiscal deficit crosses 61% of budgeted target in first three months of 2019-20

India’s fiscal deficit in the three months ending in June stood at 4.32 trillion rupees ($62.80 billion), or 61.4% of ......

Carlyle to give shareholders a vote in switch to corporation

Finance

31 July, 2019

Carlyle to give shareholders a vote in switch to corporation

Carlyle Group LP emulated its peers on Wednesday with plans to convert from a publicly traded partnership into a corporation,...

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Top CLSA India investment executive resigns

Finance

31 July, 2019

Top CLSA India investment executive resigns

A top investment manager from CLSA Capital Partners, an asset management business of CLSA, has quit the company, according to...

RBI eases external commercial borrowing norms for companies, NBFCs

Finance

31 July, 2019

RBI eases external commercial borrowing norms for companies, NBFCs

The Reserve Bank of India on Tuesday relaxed norms on end-use of funds raised via external commercial borrowings, making it ......

SoftBank to pump second Vision Fund with proceeds from the first

Finance

30 July, 2019

SoftBank to pump second Vision Fund with proceeds from the first

SoftBank Group Corp plans to use proceeds from its first Vision Fund to bankroll the $38 billion it has committed ......

Dubai regulator imposes $315 mn fine on two Abraaj firms

Finance

30 July, 2019

Dubai regulator imposes $315 mn fine on two Abraaj firms

The Dubai Financial Services Authority (DFSA) said on Tuesday it had fined two entities of private equity firm Abraaj $315 ......

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Zerodha founders hire senior global banker to head new private investment fund

Finance

30 July, 2019

Zerodha founders hire senior global banker to head new private investment fund

Discount brokerage Zerodha has hired a senior international banker and investment adviser as it prepares to float its new alternative...

IFC-backed Angel Broking gets IPO approval after settling case with SEBI

Finance

29 July, 2019

IFC-backed Angel Broking gets IPO approval after settling case with SEBI

Stock, commodity and currency broking services company Angel Broking Ltd has received regulatory approval to float an initial...

Higher taxes may trigger fund flight, warns former RBI governor Bimal Jalan

Finance

29 July, 2019

Higher taxes may trigger fund flight, warns former RBI governor Bimal Jalan

A former Reserve Bank of India (RBI) governor, Bimal Jalan, has warned that the higher income taxes the government introduced...

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