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

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SIDBI's venture capital arm sets the ball rolling for eighth fund

Finance

04 January, 2019

SIDBI's venture capital arm sets the ball rolling for eighth fund

The venture capital arm of state-run Small Industries Development Bank of India (SIDBI) has kick-started the process of raising...

India's services activity dips in December but hiring picks up pace

Economy

04 January, 2019

India's services activity dips in December but hiring picks up pace

Growth in India’s services sector slowed slightly in December, but firms hired at a faster clip on continuing optimism as...

Samunnati gets debt funding from Dutch development bank FMO

Finance

03 January, 2019

Samunnati gets debt funding from Dutch development bank FMO

Chennai-based non-banking financial company Samunnati Financial Intermediation & Services Pvt. Ltd has raised $5 million (around...

Banks likely to recover bad loans worth $10 bn by March-end: Finance minister

Economy

03 January, 2019

Banks likely to recover bad loans worth $10 bn by March-end: Finance minister

India's Finance Minister Arun Jaitley said on Thursday commercial banks were likely to recover 700 billion rupees ($9.95 billion)...

Why India's venture debt funds need to be more than lenders

Finance

03 January, 2019

Why India's venture debt funds need to be more than lenders

India’s nascent venture debt market is at a crossroads. Today, startups in the market for debt are spoilt for choice ......

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Edelweiss ARC ups target for snapping up stressed loans

Finance

03 January, 2019

Edelweiss ARC ups target for snapping up stressed loans

The asset reconstruction arm of the Edelweiss Group has increased its target for investments in stressed assets for the current...

NCLT allows govt to reopen books of IL&FS group

Finance

02 January, 2019

NCLT allows govt to reopen books of IL&FS group

The National Company Law Tribunal (NCLT) has taken the unprecedented step of allowing the government to reopen and recast the...

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Kotak Life CIO Sudhakar Shanbhag on investing in PE/VC funds and challenges it faces

Finance

02 January, 2019

Kotak Life CIO Sudhakar Shanbhag on investing in PE/VC funds and challenges it faces

Kotak Mahindra Life Insurance Company Ltd has been building its alternative investment fund (AIF) portfolio over the past 18 months ......

RBI to allow banks to restructure some defaulting SME loans

Finance

02 January, 2019

RBI to allow banks to restructure some defaulting SME loans

The Reserve Bank of India (RBI) said it will allow banks to restructure loans to small and medium sized-companies that ......

IL&FS puts six properties on the block in bid to pare debt

Finance

31 December, 2018

IL&FS puts six properties on the block in bid to pare debt

Infrastructure Leasing and Financial Services (IL&FS) has invited bids for six of the group's properties amid continuing...

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