Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Carlyle clocks stellar returns from partial exit in SBI Life
Private equity firm Carlyle, which had acquired a minority stake in SBI Life Insurance Company Ltd earlier this year, has ......
Finance
Fairfax-controlled CSB Bank seeks over $500 mn in valuation via IPO
CSB Bank Ltd, formerly Catholic Syrian Bank, is seeking a valuation of about Rs 3,600 crore ($502 million at current ......
Finance
State-run banks report frauds of over $13 bn in April-September
India’s state-run banks reported fraud worth 957.6 billion rupees ($13.34 billion) in the first six months of the fiscal...
Finance
Centrum Group buys business ops of microlender Altura
Mumbai-based financial services group Centrum has acquired the business operations of New Delhi-headquartered microlender Altura...
Finance
Secondaries specialist NewQuest hires CLSA exec for India office, raises new fund
NewQuest Capital Partners has appointed a former executive at investment banking and brokerage firm CLSA Ltd for its Mumbai office...
Economy
Govt plans strategic stake sales in 28 state-run companies
India’s cabinet has given ‘in-principle’ approval for the sale of strategic stakes in 28 state-run companies...
Finance
AIIB extends $575 mn loans for two India projects
The Asian Infrastructure Investment Bank (AIIB) has approved $575 million in loans to two urban infrastructure projects in India...
Finance
Govt tweaks bankruptcy rules to help non-bank lenders
India has amended its insolvency and bankruptcy rules to allow for greater flexibility in resolving problems at troubled non-banking...
Finance
Canada's CPPIB posts 2.2% return in July-Sept quarter
The Canada Pension Plan Investment Board (CPPIB), the country's biggest public pension fund, on Thursday reported a 2.2% return...
Economy
Tax officials find PM Modi's targets too taxing, some quit
India’s tax officials are facing a taxing issue. Prime Minister Narendra Modi’s government wants them to collect...
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