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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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Weighing another tranche for fund-of-funds, exploring new areas: SIDBI's Ramann

Finance

19 June, 2023

Weighing another tranche for fund-of-funds, exploring new areas: SIDBI's Ramann

Small Industries Development Bank of India (SIDBI), which manages the Rs 10,000-crore fund-of-funds for startups, is in ......

NSE, BillDesk backer TA Associates amasses $16.5 bn for new PE fund

Finance

16 June, 2023

NSE, BillDesk backer TA Associates amasses $16.5 bn for new PE fund

US-based private equity player TA Associates, a backer of Indian companies like the National Stock Exchange and Billdesk......

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PIF-backed Jada, Saudi Venture Capital make LP bets on Investcorp, Shorooq funds

Finance

16 June, 2023

PIF-backed Jada, Saudi Venture Capital make LP bets on Investcorp, Shorooq funds

Saudi Venture Capital and a unit of the Gulf kingdom’s sovereign wealth fund have made limited partner-style bets on ......

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GEF Capital sets sight on higher corpus as returning LP plans to up cheque size

Finance

16 June, 2023

GEF Capital sets sight on higher corpus as returning LP plans to up cheque size

GEF Capital Partners, an India-focused clean energy private equity investor which is raising its third climate-focused ......

Sensex, Nifty end the week at record closing highs

Finance

16 June, 2023

Sensex, Nifty end the week at record closing highs

India's Nifty 50 and Sensex stock indexes logged new closing highs on Friday and posted gains for the fourth week ......

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Why a recent SEBI move has left alternative investment funds worried

Finance

16 June, 2023

Why a recent SEBI move has left alternative investment funds worried

Alternative investment funds (AIFs) fear their ability to raise funds may be hurt by a recent regulatory move to curb ......

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Bain Capital scores modest returns from $265 mn India exit move

Finance

15 June, 2023

Bain Capital scores modest returns from $265 mn India exit move

US-based Bain Capital, which has been one of the less aggressive among the bulge-bracket global private equity peers ......

Goldman Sachs cutting more than 30 Asia investment banking jobs

Finance

15 June, 2023

Goldman Sachs cutting more than 30 Asia investment banking jobs

Goldman Sachs Group is cutting more than 30 banking jobs in Asia, two sources with knowledge of the matter said, ......

Sensex, Nifty advance on back of gains in metal, FMCG stocks

Finance

14 June, 2023

Sensex, Nifty advance on back of gains in metal, FMCG stocks

Shares advanced for the third consecutive session on Wednesday, aided by a rise in metal stocks on expectations of ......

Zurich Insurance Group in talks for stake in Kotak's general insurance arm

Finance

14 June, 2023

Zurich Insurance Group in talks for stake in Kotak's general insurance arm

Zurich Insurance Group is in talks to buy up to 51% of India's Kotak General Insurance, two sources with direct ......

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