Finance

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Budget 2021 creates new tax headache for domestic funds

Finance

02 February, 2021

Budget 2021 creates new tax headache for domestic funds

The Union Budget has introduced amendments in the Securities Contract Regulation Act (SCRA), which defines Alternative Investment...

Finance

02 February, 2021

Why bankers want more clarity on the government's proposed DFI

The new development financial institution (DFI) mooted in Budget 2021 will require substantial upfront investment by the government...

Finance

02 February, 2021

Motilal Oswal's i-banking unit ropes in Centrum exec

The investment banking arm of financial services group Motilal Oswal has roped in an executive from Centrum Capital Ltd to ......

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Finance

01 February, 2021

Budget 2021: Additional sops for sovereign, pension funds for infra investments

Finance minister Nirmala Sitharaman has relaxed conditions for sovereign wealth funds and pension funds looking to make infrastructure...

Finance

01 February, 2021

Budget 2021: Government encourages on-shoring of AIFs at GIFT City

In an attempt to encourage on-shoring of financial services, India is turning Ahmedabad based Gujarat International Finance Tec...

Finance

01 February, 2021

Budget 2021: Govt to set up ‘bad bank' to manage rising NPAs

India will soon set up the long discussed ‘bad bank’ or an asset reconstruction company (ARC) to address rising non-performing...

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Finance

01 February, 2021

I-banker on sabbatical floats political party focused on Bengaluru

An investment banker, with over two decades of dealmaking experience, told VCCircle he has co-founded a political party targeting...

Finance

01 February, 2021

Budget 2021: Virus-boosted insurers get foreign tailwind; capital injection for PSBs

Finance minister Nirmala Sitharaman announced steps in the budget aimed at boosting the capital base of public sector banks and...

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Finance

01 February, 2021

CSB Bank chief CVR Rajendran on transforming into a new private sector bank

Fairfax-controlled CSB Bank, earlier known as Catholic Syrian Bank, is preparing to play a larger role in the country’s banking ......

Finance

01 February, 2021

Budget 2021 Live Blog: All eyes on Sitharaman as India hopes for coronavirus bailout

Finance minister Nirmala Sitharaman will present the budget today as prime minister Narendra Modi's government tries to bring...

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