1. Finance
Norway’s $1 tn sovereign fund faces a decision on backing private cos

Norway’s $1 tn sovereign fund faces a decision on backing private cos

Reuters 14 hours ago
Jobs, taxes and schools will be top of Norwegian voters’ minds when they go to the polls on Sept. 11, but it’s what to do...
PE-backed Magma Fincorp to acquire JV partner’s stake in tractor finance biz

PE-backed Magma Fincorp to acquire JV partner’s stake in tractor finance biz

Keshav Sunkara 15 hours ago
Non-banking financial company Magma Fincorp Ltd has received an approval from its board to acquire the 26% stake held by its joint venture partner in...
Microlenders Margdarshak, Swarna Pragati raise debt funding

Microlenders Margdarshak, Swarna Pragati raise debt funding

Keshav Sunkara 19 hours ago
Lucknow-based microfinance institution Margdarshak Financial Services Ltd has raised Rs 20 crore ($3 million) in debt funding from Japan ASEAN Women Empowerment Fund, which is...
Primary market rides on liquidity with record IPO filings worth $6 bn this month

Primary market rides on liquidity with record IPO filings worth $6 bn this month

Ankit Doshi 2 days ago
August 2017 has emerged as a month of big-ticket IPO filings and a busy period for equity merchant bankers that are looking to launch deals....
Sensex closes flat after banking stocks fall; Infosys gains

Sensex closes flat after banking stocks fall; Infosys gains

Reuters 2 days ago
Indian shares ended nearly flat on Thursday paring early gains due to a decline in banking shares, while a surge in market heavyweight Infosys Ltd...
Cigna to hike stake in insurance JV with TTK Group

Cigna to hike stake in insurance JV with TTK Group

Keshav Sunkara 2 days ago
Mumbai-based Cigna TTK Health Insurance Company Ltd has filed an application with the Insurance Regulatory and Development Authority to increase Cigna’s stake in the joint...
Larger issue size, better pricing make this bull run unique: Kotak's Jayasankar

Larger issue size, better pricing make this bull run unique: Kotak’s Jayasankar

Ranjani Raghavan and Ankit Doshi 3 days ago
The last two years have seen some good-quality companies tap the primary market and deliver strong returns. In the current financial year, the stock market...
Govt's fund infusion into lenders facing defaults 'moral hazard', says Fitch

Govt’s fund infusion into lenders facing defaults ‘moral hazard’...

Reuters 3 days ago
The government risks creating “moral hazard” by injecting funds into state-run lenders such as IDBI Bank Ltd which are at risk of missing coupon payments...
IIFL Special Opportunities Fund picks up 2.6% in Reliance Mutual Fund

IIFL Special Opportunities Fund picks up 2.6% in Reliance Mutual Fund

Keshav Sunkara 3 days ago
IIFL Special Opportunities Fund has bought a 2.59% stake in Reliance Nippon Life Asset Management Ltd (RNAM) for $60 million (about Rs 390 crore) through...
IDBI Bank seeks bankers to sell non-core businesses

IDBI Bank seeks bankers to sell non-core businesses

Bruhadeeswaran R and Ankit Doshi 5 days ago
State-owned IDBI Bank has sought representations from investment banks to sell most of its non-core businesses, three people aware of the development told VCCircle. “The...
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