Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Secondaries specialist NewQuest hires CLSA exec for India office, raises new fund
NewQuest Capital Partners has appointed a former executive at investment banking and brokerage firm CLSA Ltd for its Mumbai office...
Economy
Govt plans strategic stake sales in 28 state-run companies
India’s cabinet has given ‘in-principle’ approval for the sale of strategic stakes in 28 state-run companies...
Finance
AIIB extends $575 mn loans for two India projects
The Asian Infrastructure Investment Bank (AIIB) has approved $575 million in loans to two urban infrastructure projects in India...
Finance
Govt tweaks bankruptcy rules to help non-bank lenders
India has amended its insolvency and bankruptcy rules to allow for greater flexibility in resolving problems at troubled non-banking...
Finance
Canada's CPPIB posts 2.2% return in July-Sept quarter
The Canada Pension Plan Investment Board (CPPIB), the country's biggest public pension fund, on Thursday reported a 2.2% return...
Economy
Tax officials find PM Modi's targets too taxing, some quit
India’s tax officials are facing a taxing issue. Prime Minister Narendra Modi’s government wants them to collect...
Finance
InCred to acquire L&T Finance's West Asian wealth management biz
InCred Capital has agreed to acquire 100% stake in the West Asian wealth management business of L&T Finance Holdings, the...
Finance
IIFL, Avendus funds lead Ujjivan Small Finance Bank's pre-IPO funding round
Funds of IIFL and Avendus Capital, along with Akash Bhanshali of Enam, have led Ujjivan Small Finance Bank Ltd’s pre-IPO...
Finance
GIC rebuilds stake in PE-backed Indian life insurer
Singapore’s GIC Pte. Ltd, one of the most active sovereign wealth funds in India, has again started building its exposure...
Finance
Norwest Venture Partners closes $2 bn fund, its biggest to date
Norwest Venture Partners, a former investor in Uber and Spotify, said on Thursday it closed its largest fund to date ......
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