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

Edelweiss Alternatives acquires 51% in L&T arm

Finance

19 December, 2022

Edelweiss Alternatives acquires 51% in L&T arm

To reduce its exposure to the non-core asset-heavy developmental projects portfolio, Larsen and Toubro sold its 51% ......

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Samara Cap in race to buy AB Capital's insurance unit

Finance

19 December, 2022

Samara Cap in race to buy AB Capital's insurance unit

Amazon.com Inc.’s Indian private equity partner Samara Capital has emerged as the frontrunner to buy the insurance ......

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Poonawalla  to  target growth-stage firms with ₹1,000 cr fund

Finance

19 December, 2022

Poonawalla  to  target growth-stage firms with ₹1,000 cr fund

Adar Poonawalla, chief executive of Serum Institute of India, has sought regulatory approval to establish the Poonawalla......

Goldman Sachs to lay off up to 4,000 people - Semafor

Finance

16 December, 2022

Goldman Sachs to lay off up to 4,000 people - Semafor

Goldman Sachs Group Inc will lay off up to 4,000 people as the Wall Street bank struggles to meet profitability ......

Markets fall as global recession fears mount

Finance

16 December, 2022

Markets fall as global recession fears mount

Shares fell for a second straight week on Friday, as hawkish comments from major central banks fuelled worries about a ......

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Lendingkart looks to return to profitability after two years

Finance

15 December, 2022

Lendingkart looks to return to profitability after two years

Lendingkart Group, which comprises small and micro enterprise (SME) lender Lendingkart Finance Ltd and fintech platform ......

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Will focus on core NBFC biz, looking at AUM growth of 35-40%: Adar Poonawalla

Finance

16 December, 2022

Will focus on core NBFC biz, looking at AUM growth of 35-40%: Adar Poonawalla

A day after the Poonawalla Group sold its housing finance arm Poonawalla Housing to private equity giant TPG for Rs ......

Carlyle, two others to pare stakes in Indegene via IPO route

Finance

15 December, 2022

Carlyle, two others to pare stakes in Indegene via IPO route

Industrialist and Infosys co-founder NS Raghavan and private equity firm Carlyle-backed Indegene Ltd has filed ......

Markets log worst day in two months on hawkish US Fed commentary

Finance

15 December, 2022

Markets log worst day in two months on hawkish US Fed commentary

Shares suffered their steepest drop in two months on Thursday, in a broad-based decline after the US Federal Reserve ......

Fintech player NeoGrowth raises $36.2 mn from FMO, others

Finance

15 December, 2022

Fintech player NeoGrowth raises $36.2 mn from FMO, others

MSME-focused digital lender, NeoGrowth has raised Rs 160 crore (around $19.3 million) from Dutch development bank FMO in......

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