Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Economy
Slowdown worsens as factory growth sinks, jobless rate jumps in October
India’s factory activity growth hit a two-year low in October as new orders and output rose at a slower pace, ......
Finance
Emkay Global hires former Enam AMC exec as CEO of investment management arm
Emkay Global Financial Services Ltd has appointed Vikas Sachdeva as the new chief executive officer at unit Emkay Investment Managers...
Finance
RBI asks banks to probe alleged data leak of 1.3 mn cards
The Reserve Bank of India (RBI) has asked banks to ensure customers’ debit and credit card data is secure and ......
Finance
Yes Bank gets binding bid for $1.2 bn from global investor
Yes Bank Ltd said on Thursday it has received a binding offer from a global investor to inject as much ......
Finance
How much is KKR raking in as it nears full exit from SBI Life?
KKR & Co. has recorded benchmark returns by selling more stake in an Indian insurer in what has been the ......
Finance
PE-backed Ess Kay Fincorp to raise $40 mn in debt funding from FMO
Non-banking finance company Ess Kay Fincorp Ltd is set to raise $40 million (Rs 283.21 crore at current exchange rates) ......
Economy
US Fed cuts interest rates, signals it is on hold
The Federal Reserve on Wednesday cut interest rates for the third time this year to help sustain U.S. growth despite ......
Finance
Fresh LP commitment to Indian PE-VC funds sinks after hitting record high
Fresh contribution by limited partners (LPs), including wealthy Indians and offshore investors, to local private equity and venture...
Finance
Former Motilal Oswal exec's investment firm buys stake in Akme Star Housing
An investment firm floated by a former chief executive of Motilal Oswal Group’s housing finance arm has acquired a minority...
Finance
Standard Life sells nearly 5% stake in HDFC Life Insurance for over $800 mn
Standard Life Plc, the UK-based investment manager, on Wednesday sold shares worth Rs 5,751 crore ($810 million at current exchange...
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