Finance

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

Kotak Mahindra Bank reaches deal with RBI on cutting promoter stake

Finance

30 January, 2020

Kotak Mahindra Bank reaches deal with RBI on cutting promoter stake

Kotak Mahindra Bank Ltd and the Reserve Bank of India have reached an agreement on reducing billionaire Uday Kotak’s stake...

Finance

30 January, 2020

Policybazaar, Cred backer Ribbit Capital targets $420 mn for new fund

US-based fintech-focussed investor Ribbit Capital, which counts Indian unicorn Policybazaar among its portfolio companies, has...

Finance

30 January, 2020

Sovereign wealth funds move mainstream, make fewer contrarian bets

Sovereign wealth funds' investment moves are becoming more closely aligned with the global asset management industry as they...

Finance

30 January, 2020

CDPQ names insider as new CEO to replace Michael Sabia

Canada's second-largest pension fund, Caisse de depot et placement du Quebec (CDPQ), on Wednesday said former investment banker...

Economy

30 January, 2020

US Fed holds rates, warns coronavirus outbreak makes outlook uncertain

The Federal Reserve held interest rates steady on Wednesday at its first policy meeting of the year, with the head ......

Premium

Finance

29 January, 2020

Auto financier Manba Finance in talks with PE firms for funding

Non-banking finance company Manba Finance Ltd is in talks with several private equity firms for its first round of external ......

Finance

29 January, 2020

TPG in talks to reduce stake in credit-investing arm: WSJ

Private equity firm TPG is in talks to cut its stake in its credit-investing arm, TPG Sixth Street Partners (TSSP), ......

Finance

29 January, 2020

BJP recommends tax tweaks in budget to attract foreign investors

Prime Minister Narendra Modi’s party has recommended adjusting rules on taxing equity market returns in the upcoming budget...

Premium

Finance

28 January, 2020

How was IFC's partial exit from AU Small Finance Bank?

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, has made a partial sale of its stake...

Finance

28 January, 2020

Govt likely to raise spending in budget to revive economic growth

Indian Prime Minister Narendra Modi’s government is expected to raise spending on infrastructure and cut some personal tax...

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