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Finance

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

CBI registers 42 new bank fraud cases totalling $1 bn

Finance

06 November, 2019

CBI registers 42 new bank fraud cases totalling $1 bn

India’s federal police said on Tuesday that they had registered 42 new cases of bank fraud amounting to about 72 ......

Is the world's biggest trade pact a missed opportunity for India?

Economy

05 November, 2019

Is the world's biggest trade pact a missed opportunity for India?

Although India pulled out at the last minute, China and 14 other countries agreed in Bangkok this week on plans ......

Microlender CreditAccess Grameen raises debt funding from FMO

Finance

05 November, 2019

Microlender CreditAccess Grameen raises debt funding from FMO

CreditAccess Grameen Ltd, which operates a microlending business under the Grameen Koota brand name, has raised Rs 214 crore (approximately...

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Bank of India throws more non-core assets onto chopping block

Finance

05 November, 2019

Bank of India throws more non-core assets onto chopping block

State-run Bank of India has placed two more assets on the chopping block, people in the know told VCCircle, as ......

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Management guru Ram Charan on root cause of scams in India Inc and how to fix it

Finance

04 November, 2019

Management guru Ram Charan on root cause of scams in India Inc and how to fix it

Whether he is advising global chief executives on leadership matters or speaking about the need for greater transparency and accountability, ......

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Why banks are slowing bad-loan sales to asset reconstruction companies

Finance

04 November, 2019

Why banks are slowing bad-loan sales to asset reconstruction companies

Indian banks have slowed the pace of selling bad loans to asset reconstruction companies (ARCs), as they work on other ......

Carlyle's third-quarter earnings drop 25% as asset sales slow

Finance

01 November, 2019

Carlyle's third-quarter earnings drop 25% as asset sales slow

U.S. buyout firm Carlyle Group LP reported a 25% year-on-year drop in its third-quarter earnings on Thursday, driven by lower...

Lazard axes 200 jobs as profit falls amid dealmaking slowdown

Finance

01 November, 2019

Lazard axes 200 jobs as profit falls amid dealmaking slowdown

Lazard Ltd said on Thursday it had axed about 200 employees after a review of its business, as the investment ......

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Inside a Canadian firm's dispute against SSG Capital over a fraud-hit Indian company

Finance

01 November, 2019

Inside a Canadian firm's dispute against SSG Capital over a fraud-hit Indian company

Canadian financial services firm Kyko Global has been fighting a lawsuit in a US court against investment firm SSG Capital ......

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Former Aditya Birla PE top exec to venture into advisory services

Finance

01 November, 2019

Former Aditya Birla PE top exec to venture into advisory services

A former top executive of Aditya Birla Private Equity, part of the Kumar Mangalam Birla-led diversified group, is launching an...

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