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

Piyush Goyal says differences resolved with US over trade deal

Economy

21 October, 2019

Piyush Goyal says differences resolved with US over trade deal

India’s Trade Minister Piyush Goyal said on Monday that the broad contours of a trade deal with the United States ......

Snakes and ladders: SoftBank Vision Fund's climbing, sliding valuations

Finance

18 October, 2019

Snakes and ladders: SoftBank Vision Fund's climbing, sliding valuations

The $100 billion Vision Fund of Japan’s SoftBank Group Corp (9984.T) has in just over two years burned through much ......

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Aspada's Thomas Hyland on why the firm decided to raise third-party capital

Finance

18 October, 2019

Aspada's Thomas Hyland on why the firm decided to raise third-party capital

LGT Lightstone Aspada is formed after the recent acquisition of India-focused impact investment fund Aspada by Swiss investor LGT. As ......

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Avendus' Ocean Dial hires former Enam exec to co-head India equity arm

Finance

17 October, 2019

Avendus' Ocean Dial hires former Enam exec to co-head India equity arm

UK-based Ocean Dial Asset Management, which was acquired by financial services firm Avendus Group in 2017, has appointed a top...

Mumbai court jails former MD of PMC Bank as fraud probe deepens

Finance

17 October, 2019

Mumbai court jails former MD of PMC Bank as fraud probe deepens

An Indian court on Thursday sent the former managing director of Punjab and Maharashtra Co-operative (PMC) Bank, Joy Thomas, to...

Should fintech firms explore new business models and diversify?

Finance

17 October, 2019

Should fintech firms explore new business models and diversify?

A large number of fintech startups have raised venture capital over the past few years. But there is a need ......

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How rich Indians' exposure to alternative assets changed last year

Finance

17 October, 2019

How rich Indians' exposure to alternative assets changed last year

Wealthy Indians poured more money into alternative assets in the year through March in their quest for high returns, with ......

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TVS Capital weighs floating alternative investment fund for new asset class

Finance

17 October, 2019

TVS Capital weighs floating alternative investment fund for new asset class

Homegrown private equity firm TVS Capital Funds Pvt. Ltd is looking into the possibility of floating an alternative investment...

India to miss fiscal deficit target as slowing growth crimps tax revenue

Finance

17 October, 2019

India to miss fiscal deficit target as slowing growth crimps tax revenue

India is likely to miss its fiscal deficit target of 3.3% of gross domestic product for the current financial year ......

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Fairfax exits 18-year investment in ICICI Lombard, clocking modest returns overall

Finance

17 October, 2019

Fairfax exits 18-year investment in ICICI Lombard, clocking modest returns overall

Canadian investor Fairfax Financial Holdings Ltd has sold its remaining stake in India’s largest private non-life insurer...

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