Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Stressed assets this week: Nirav Modi firms head to NCLT; reprieve for Sterling Biotech
There was plenty of action at the bankruptcy courts this week, with breakthroughs achieved in a couple of cases that ......
Finance
Sumitomo Mitsui looks for India investment targets in Asia growth push
Sumitomo Mitsui Financial Group (SMFG) aims to expand its business in Asia and is looking at the Philippines, India and ......
Finance
Fund Scan: How Samara Capital learnt to punch above its weight
In September last year, Samara Capital sealed its most high-profile deal since starting out 12 years before. The mid-market private...
Finance
Advent International raises $17.5 bn for new private equity fund
Advent International has raised $17.5 billion for its ninth global private equity fund, potentially increasing the amount it may...
Finance
Future Lifestyle-backer L Catterton's new PE fund oversubscribed
Singapore-headquartered L Catterton Asia, one of the largest consumer-focussed private equity firms globally, has exceeded the...
Economy
RBI cuts repo rate to 5.75%; changes policy stance to 'accommodative'
The Reserve Bank of India cut its policy interest rate by 25 basis points in a widely expected move on ......
Finance
NBFC woes heighten as Jhunjhunwala-backed Dewan Housing misses bond payment
Shares of mortgage lender Dewan Housing Finance Corporation Ltd (DHFL) fell as much as 18% on Thursday, their biggest intraday...
Finance
Rupee outlook worsens on trade war, growth risks
The rupee will fall further against the U.S. dollar over the next 12 months than previously thought, hit by slowing ......
Finance
IDBI Bank looks to speed up asset-sale plans in turnaround bid
IDBI Bank hopes to complete the sale of its mutual fund and insurance businesses as well as that divestment of ......
Finance
Manipal Group to acquire control of health insurance JV with Cigna as TTK exits
Months after entering the insurance sector by investing in Cigna TTK Health Insurance Co. Ltd, Ranjan Pai-led Manipal Education...