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Finance

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

India's April retail inflation quickens to six-month high of 2.92%

Economy

13 May, 2019

India's April retail inflation quickens to six-month high of 2.92%

India’s annual retail inflation picked up in April to 2.92% compared with 2.86% in March, government data showed on Monday. Analysts...

Raheja QBE ropes in Liberty General Insurance's Arora as MD

Finance

13 May, 2019

Raheja QBE ropes in Liberty General Insurance's Arora as MD

Raheja QBE General Insurance Co. Ltd on Monday said it has appointed Liberty General Insurance’s Pankaj Arora as chief executive...

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CDC tweaks investment strategy to include single-LP funds

Finance

13 May, 2019

CDC tweaks investment strategy to include single-LP funds

The UK government's development finance institution, CDC Group Plc, has tweaked its funds’ strategy to focus more on...

British supply-chain financier Greensill gets $800 mn from SoftBank; to enter India

Finance

13 May, 2019

British supply-chain financier Greensill gets $800 mn from SoftBank; to enter India

Financing group Greensill Capital on Monday confirmed SoftBank Group Corp's Vision Fund has invested $800 million in the UK-based...

LeapFrog raises $700 mn for third impact investment fund

Finance

10 May, 2019

LeapFrog raises $700 mn for third impact investment fund

London-based impact investor LeapFrog Investments said it has received commitments worth $700 million (around Rs 4,900 crore at...

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Accel-backed Samunnati Financial gets big cheque from new investor

Finance

10 May, 2019

Accel-backed Samunnati Financial gets big cheque from new investor

Chennai-based non-banking financial company Samunnati Financial Intermediation & Services Pvt. Ltd has closed a new round...

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Fund Scan: How Sixth Sense is replicating founder Nikhil Vora's Paytm success story

Finance

10 May, 2019

Fund Scan: How Sixth Sense is replicating founder Nikhil Vora's Paytm success story

Just days before SoftBank’s record $1.4-billion investment in Paytm in 2017, an individual investor’s exit from the...

TPG inks pact to take over management of Abraaj's healthcare fund

Finance

10 May, 2019

TPG inks pact to take over management of Abraaj's healthcare fund

U.S. private equity firm TPG said on Thursday it has signed a definitive agreement to takeover the management of a ......

Kinara Capital secures fresh funding from Gaja Capital, others

Finance

09 May, 2019

Kinara Capital secures fresh funding from Gaja Capital, others

Non-banking financial company Kinara Capital has raised Rs 100 crore ($14.3 million at current exchange rates) in funding from...

Economists, investors create own benchmarks as doubts grow over India govt data

Economy

09 May, 2019

Economists, investors create own benchmarks as doubts grow over India govt data

Economists and investors are increasingly showing that they have little or no confidence in India’s official economic data...

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