Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Consumer
Fraud-hit sugar maker faces the crusher as company ordered for liquidation
Tamil Nadu’s fraud-hit Thiru Arooran Sugars Ltd is headed for liquidation after lenders failed to receive any viable revival...
Consumer
Yarn maker Sintex Industries enters bankruptcy on creditor plea
An insolvency tribunal has admitted fraud-hit textile and yarn manufacturer Sintex Industries on a plea by Invesco Asset Management...
Finance
Piramal Capital ropes in former realty exec of Edelweiss Financial Services
A senior executive from the real estate team of Edelweiss Financial Services has joined Piramal Capital and Housing Finance, two...
Finance
Insurers score big win with nod to invest in fund of funds, but conditions apply
The regulator has allowed insurers to invest in fund of funds (FoF) -- with conditions. For instance, the FoFs they are...
Finance
Weekly Deals Wrap: Unicorns come galloping; clouds part, $3 bn rains; Byju's big buy
Five of the nine unicorns this calendar year were born in this first week of the new fiscal as investors ......
Finance
Srei Equipment Finance attracts attention of two global PE funds
Srei Equipment Finance has received expressions of interest for up to $250 million (Rs 1,867 crore) infusion from US-based Arena...
Finance
Essar Shipping sails away from bankruptcy after settling up with L&T Finance
Essar Shipping, the group’s second firm to fall into bankruptcy, has exited insolvency after settling up with creditor L&T...
Finance
Top exec leaves Xander Finance amid raft of departures, may join real estate PE
A top executive at the non-banking finance company of The Xander Group has quit the NBFC after almost nine years ......
Finance
Alteria overshoots final corpus target in first close of second venture debt fund
Alteria Capital has raised commitments worth Rs 1,325 crore ($178.7 million) as part of the first close of its second ......
Finance
Ratan Tata, Nilekani's Avanti Finance raises funding from Oikocredit, Nomura, others
Bengaluru-based Avanti Finance, focused on financial inclusion, has raised $26 million (Rs 195 crore) in debt and equity from...
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