Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Policybazaar backer Inventus raises $52 mn for third venture capital fund
Inventus Capital Partners has hit the final close on its third venture capital fund, as the India-focussed early-stage investment...
Finance
With renewed cleanup act, can Yes Bank attract ‘confidence capital' for revival?
Yes Bank’s new management is busy firefighting the mid-sized private sector lender’s bad loan problems that stretch...
Finance
Govt weighs stricter laws to curb frauds in co-operative banks
The India government is considering amending laws to curb malpractices at co-operative banks in Asia’s third-largest economy,...
Finance
Investec beefs up India team to boost mid-market coverage
Investec Capital Services (India) Pvt. Ltd has expanded its team for investment banking and equity capital market businesses to...
Economy
Moody's cuts growth forecast for India to 5.8% this fiscal year
Moody’s Investors Service on Thursday cut its growth forecast for India for the fiscal year that began in April to ......
Finance
RBI blocks merger of Lakshmi Vilas Bank with Indiabulls Housing
Indian lender Lakshmi Vilas Bank Ltd (LVB) said on Wednesday the central bank had not approved its merger with Indiabulls ......
Finance
Multinational companies face heftier tax hit in biggest overhaul for decades
Governments will get more power to tax big multinationals like Google, Apple and Facebook doing business in their countries under...
Finance
Indifi backer Elevar Equity bets on another SME-focused lender
Social-impact venture capital firm Elevar Equity, which invests in enterprises that serve low-income communities in India and...
Finance
KKR hires senior credit exec as another exits in top-level rejig
Private equity firm KKR has hired a senior executive from Edelweiss Group to bolster its India credit team, just months ......
Economy
IMF chief warns of ‘synchronized slowdown' in global growth
The global economy is experiencing a “synchronized slowdown,” the new head of the International Monetary Fund said...