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

Govt may cut capital gains tax, personal income tax rates in budget

Finance

17 December, 2019

Govt may cut capital gains tax, personal income tax rates in budget

The government is likely to trim personal income tax rates and cut the tax on long-term capital gains from equity ......

Equitas Small Finance Bank files for IPO

Finance

16 December, 2019

Equitas Small Finance Bank files for IPO

Equitas Small Finance Bank, a unit of Equitas Holdings Ltd, has filed a draft prospectus with the Securities and Exchange ......

RBI governor reiterates there is more scope to cut rates

Finance

16 December, 2019

RBI governor reiterates there is more scope to cut rates

There is scope in India for cutting interest rates further and the central bank will use it when required after ......

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Northern Arc refills its account with fresh capital from SMBC, PE investors

Finance

16 December, 2019

Northern Arc refills its account with fresh capital from SMBC, PE investors

Non-banking financial company Northern Arc Capital Ltd. has received a fresh dose of capital from Japan’s Sumitomo Mitsui...

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India PIPE, hedge funds record sharp drop in new fund commitments, dry powder

Finance

16 December, 2019

India PIPE, hedge funds record sharp drop in new fund commitments, dry powder

Indian hedge funds and private equity firms that invest in stock markets have reported a sharp drop in new fund ......

After WeWork fiasco, SoftBank's China strategy under the scanner

Finance

16 December, 2019

After WeWork fiasco, SoftBank's China strategy under the scanner

For SoftBank Group Corp, financial technology firm OneConnect's IPO should have been a vindication of an aggressive China...

Deloitte failed to meet standards in IL&FS unit audit, says regulator

Finance

13 December, 2019

Deloitte failed to meet standards in IL&FS unit audit, says regulator

Deloitte Haskins and Sells LLP (DHS) failed to meet auditing standards when it vetted the books of India's IL&FS Financial...

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IEG Group floating venture capital fund for India

Finance

13 December, 2019

IEG Group floating venture capital fund for India

German investment banking group IEG’s joint venture in India is floating an alternative investment fund targeting early-stage...

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CPPIB to back global fund partner's India debt platform

Finance

12 December, 2019

CPPIB to back global fund partner's India debt platform

Canada Pension Plan Investment Board (CPPIB) has decided to ramp up its India credit investment strategy by backing a global ......

India's economic worries mount as inflation quickens, industrial output shrinks

Finance

12 December, 2019

India's economic worries mount as inflation quickens, industrial output shrinks

India's retail inflation accelerated to 5.54% in November due to high food prices, government data showed on Thursday....

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