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Finance

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

Economic Survey takes a cue from Temasek to push disinvestment

Economy

31 January, 2020

Economic Survey takes a cue from Temasek to push disinvestment

The Indian government should weigh the possibility of creating a corporate entity akin to Singapore state investment firm Temasek...

Blackstone quarterly profit rises on asset sales, fee revenue

Finance

31 January, 2020

Blackstone quarterly profit rises on asset sales, fee revenue

Blackstone Group Inc, the world's largest alternative asset manager, said on Thursday fourth-quarter distributable earnings...

Bizongo investor Schroder Adveq raises nearly half of new Asia fund

Finance

30 January, 2020

Bizongo investor Schroder Adveq raises nearly half of new Asia fund

Swiss hedge fund Schroder Adveq has raised nearly half of the amount it seeks to raise for its new Asia ......

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Mid-market PE firm looks to bet on Vikram Akula-backed microlender Vaya

Finance

30 January, 2020

Mid-market PE firm looks to bet on Vikram Akula-backed microlender Vaya

Hyderabad-based Vaya Finserv Pvt. Ltd, a microlender backed by social entrepreneur and SKS Microfinance founder Vikram Akula,...

Kotak Mahindra Bank reaches deal with RBI on cutting promoter stake

Finance

30 January, 2020

Kotak Mahindra Bank reaches deal with RBI on cutting promoter stake

Kotak Mahindra Bank Ltd and the Reserve Bank of India have reached an agreement on reducing billionaire Uday Kotak’s stake...

Policybazaar, Cred backer Ribbit Capital targets $420 mn for new fund

Finance

30 January, 2020

Policybazaar, Cred backer Ribbit Capital targets $420 mn for new fund

US-based fintech-focussed investor Ribbit Capital, which counts Indian unicorn Policybazaar among its portfolio companies, has...

Sovereign wealth funds move mainstream, make fewer contrarian bets

Finance

30 January, 2020

Sovereign wealth funds move mainstream, make fewer contrarian bets

Sovereign wealth funds' investment moves are becoming more closely aligned with the global asset management industry as they...

CDPQ names insider as new CEO to replace Michael Sabia

Finance

30 January, 2020

CDPQ names insider as new CEO to replace Michael Sabia

Canada's second-largest pension fund, Caisse de depot et placement du Quebec (CDPQ), on Wednesday said former investment banker...

US Fed holds rates, warns coronavirus outbreak makes outlook uncertain

Economy

30 January, 2020

US Fed holds rates, warns coronavirus outbreak makes outlook uncertain

The Federal Reserve held interest rates steady on Wednesday at its first policy meeting of the year, with the head ......

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Auto financier Manba Finance in talks with PE firms for funding

Finance

29 January, 2020

Auto financier Manba Finance in talks with PE firms for funding

Non-banking finance company Manba Finance Ltd is in talks with several private equity firms for its first round of external ......

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