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Finance

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

KKR targets record $15 bn for new Asia-focused fund

Finance

07 November, 2019

KKR targets record $15 bn for new Asia-focused fund

Global private equity group KKR & Co Inc (KKR.N) is targeting a record $15 billion (£11.7 billion) for its new ......

Muthoot Microfin CEO writes Series A cheque to microlender Mitrata

Finance

07 November, 2019

Muthoot Microfin CEO writes Series A cheque to microlender Mitrata

Women-focussed lender Mitrata Inclusive Financial Services Pvt. Ltd has raised Series A funding round from a clutch of individual...

Govt not planning to help banks rescue shadow lender Dewan Housing

Finance

07 November, 2019

Govt not planning to help banks rescue shadow lender Dewan Housing

India’s government has no plans to participate in the rescue of Dewan Housing Finance Corporation Ltd, according to two...

Indian Angel Network marks final close of debut fund

Finance

07 November, 2019

Indian Angel Network marks final close of debut fund

The Indian Angel Network said on Thursday it has marked the final close of its maiden fund, IAN Fund, at ......

Bahrain's Investcorp floats $500 mn fund to invest in Asian food sector

Finance

07 November, 2019

Bahrain's Investcorp floats $500 mn fund to invest in Asian food sector

Middle Eastern fund Investcorp is joining forces with Chinese partners to spend up to $500 million buying food brands and ......

Slowing Indian economy spells tough times ahead for the rupee

Finance

07 November, 2019

Slowing Indian economy spells tough times ahead for the rupee

A slowing domestic economy will prevent India’s rupee from recouping this year’s losses against the dollar in 2020,...

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Arcil hires Edelweiss exec as chief investment officer

Finance

06 November, 2019

Arcil hires Edelweiss exec as chief investment officer

Asset Reconstruction Company (India) Ltd, or Arcil, has hired a senior executive from Edelweiss Group to oversee stressed-asset...

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Anshu Jain-backed InCred teams up with VC firm to float credit fund

Finance

06 November, 2019

Anshu Jain-backed InCred teams up with VC firm to float credit fund

InCred Financial Services Ltd has launched a credit fund under its wealth and asset management arm through a partnership with...

India leads downgrades as analysts cut Asian firms' 2019 profit outlook

Finance

06 November, 2019

India leads downgrades as analysts cut Asian firms' 2019 profit outlook

Analysts trimmed their 2019 earnings forecasts for Asian companies by a smaller margin over the past month, Refinitiv data showed,...

SoftBank posts $6.5 bn quarterly loss as WeWork, Uber bets stumble

Finance

06 November, 2019

SoftBank posts $6.5 bn quarterly loss as WeWork, Uber bets stumble

SoftBank Group Corp plunged on Wednesday to a quarterly loss that was far larger than analysts’ estimates, hit by the ......

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