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

Citigroup names Peter Babej as Asia Pacific chief executive

Finance

17 October, 2019

Citigroup names Peter Babej as Asia Pacific chief executive

Citigroup Inc has named Peter Babej, the U.S. bank's global head of financial institutions group, as its new Asia Pacific...

PremjiInvest, Warburg Pincus to buy IAG's stake in SBI General

Finance

17 October, 2019

PremjiInvest, Warburg Pincus to buy IAG's stake in SBI General

Premjilnvest, the family office of Wipro Ltd’s Azim Premji, and private equity firm Warburg Pincus are buying Insurance Australia Group’s ......

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KKR elevates Ashish Shastry to co-head Asia private equity business

Finance

16 October, 2019

KKR elevates Ashish Shastry to co-head Asia private equity business

Global alternative assets manager KKR & Co. has promoted Ashish Shastry, its Southeast Asia head, to co-lead its private equity...

Insurance broker Marsh India to buy JLT Independent

Finance

16 October, 2019

Insurance broker Marsh India to buy JLT Independent

Marsh India Insurance Brokers Pvt. Ltd, a joint venture of Marsh & McLennan Companies and India-based Rampart Trust, has said...

Slowing Indian bank lending overshadows economic rebound hopes

Economy

16 October, 2019

Slowing Indian bank lending overshadows economic rebound hopes

Credit growth at Indian banks has dropped to its lowest level in nearly two years, the latest Reserve Bank of ......

India cannot sacrifice economic strength to comply with US sanctions: Sitharaman

Economy

16 October, 2019

India cannot sacrifice economic strength to comply with US sanctions: Sitharaman

India wants to comply with global sanctions, including U.S. sanctions on Venezuela and Russia, but also needs to maintain its...

India's trade deficit narrows to $10.86 bn in September

Economy

15 October, 2019

India's trade deficit narrows to $10.86 bn in September

India’s trade deficit in September narrowed to $10.86 billion from $14.95 billion a year ago, the trade ministry said in...

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Former KPMG exec floats valuation advisory firm, to go on hiring spree

Finance

15 October, 2019

Former KPMG exec floats valuation advisory firm, to go on hiring spree

A former KPMG executive, who co-founded a boutique advisory firm last year, has floated another firm that will offer valuation...

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Centrum mulls bumping up unsecured lending portfolio with personal loans

Finance

15 October, 2019

Centrum mulls bumping up unsecured lending portfolio with personal loans

Centrum is considering expanding its unsecured lending portfolio, currently consisting of microfinance, by launching personal...

PM Modi's switch to faceless assessment irks tax unions

Finance

15 October, 2019

PM Modi's switch to faceless assessment irks tax unions

Indian tax officials are pushing back against Prime Minister Narendra Modi’s new faceless tax assessment program, complaining...

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