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

SEBI proposes tighter disclosure for auditors of listed companies

Finance

19 July, 2019

SEBI proposes tighter disclosure for auditors of listed companies

The Securities and Exchange Board of India (SEBI) proposed on Thursday ramping up disclosure for auditors of listed companies,...

Blackstone raises $11 bn for new secondaries fund

Finance

18 July, 2019

Blackstone raises $11 bn for new secondaries fund

Blackstone Group Inc., the world’s biggest alternative assets manager, has hit the final close on its eighth secondaries...

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IIFL Wealth hires AT Kearney partner as COO

People

18 July, 2019

IIFL Wealth hires AT Kearney partner as COO

IIFL Wealth & Asset Management, the wealth management arm of financial services firm IIFL Group, has hired a former partner...

Blackstone beats expectations for second-quarter distributable earnings

Finance

18 July, 2019

Blackstone beats expectations for second-quarter distributable earnings

Blackstone Group Inc, the world's largest manager of alternative assets such as private equity and real estate, said on Thursday...

Foreign investors could register as companies to get tax relief, says Sitharaman

Finance

18 July, 2019

Foreign investors could register as companies to get tax relief, says Sitharaman

Indian Finance Minister Nirmala Sitharaman said on Thursday that foreign portfolio investors (FPIs) could register as companies...

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SIDBI adds more VC funds to LP portfolio; bullish on venture debt

Finance

18 July, 2019

SIDBI adds more VC funds to LP portfolio; bullish on venture debt

Small Industries Development Bank of India (SIDBI) has expanded its portfolio of investments as a limited partner (LP) by backing...

ADB trims India's GDP growth forecast

Economy

18 July, 2019

ADB trims India's GDP growth forecast

The Asian Development Bank said on Thursday developing Asia is on track to meet the lender's growth expectations for this...

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In charts: The big Indian business houses that have virtually crumbled

Finance

18 July, 2019

In charts: The big Indian business houses that have virtually crumbled

For the past several months, Dewan Housing Finance Corp Ltd has been struggling to survive. The Kapil Wadhawan-led company reported...

Allahabad Bank reports SEL Manufacturing's $100 mn fraud

Finance

18 July, 2019

Allahabad Bank reports SEL Manufacturing's $100 mn fraud

Allahabad Bank Ltd on Wednesday reported a 6.89 billion rupees ($100.1 million) fraud related to textile company SEL Manufacturing...

SoftBank's Masayoshi Son says Japan lacks investment opportunities, lagging in AI race

Finance

18 July, 2019

SoftBank's Masayoshi Son says Japan lacks investment opportunities, lagging in AI race

SoftBank Group Corp founder and Chief Executive Masayoshi Son said on Thursday that there is a dearth of investment opportunities...

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