Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Podcast: DHFL dangles equity conversion before lenders; Altico gets PE attention
Two non-banking financial companies -- Dewan Housing Finance Corporation Ltd (DHFL) and Altico Capital – are busy working...
Finance
IFC to invest in seed producer Mahyco India's overseas unit
International Finance Corporation (IFC) plans to make an equity investment of up to $20 million (Rs 141.82 crore at current ......
Economy
RBI cuts rates for fifth time in a row, slashes growth forecast
The Reserve Bank of India on Friday cut interest rates for a fifth straight meeting, stepping up efforts to kickstart ......
Finance
Company watch: CDC-backed Indifi's revenue jumps; soaring write-offs raise concern
Digital lender Indifi Technologies Pvt. Ltd’s revenue for the year through March 2019 climbed nearly four-fold and its loss...
Economy
India's services sector contracts in September on weak demand
India’s dominant services sector slipped into contraction in September as new business orders fell for the first time since...
Finance
Goldman Sachs rejigs Asia M&A leadership, names Raghav Maliah co-head
Tech specialists Raghav Maliah and Jung Min have been appointed co-heads of Goldman Sachs' mergers and acquisitions in Asia...
Finance
WeWork woes hit Softbank's plans for second Vision Fund
Softbank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund in ......
Finance
HDIL chairman Rakesh Wadhawan, son arrested in PMC Bank scam
India arrested the head of a bankrupt realty company on Thursday after lender Punjab and Maharashtra Co-operative Bank (PMC) accused...
Finance
Audit and consultancy firm MA Parikh & Co merges into NA Shah Associates
Mid-sized accountancy firm NA Shah Associates LLP said on Thursday it has consolidated its position by merging Mumbai-based MA...
Finance
Varanium Capital marks first close of debut fintech VC fund
Varanium Capital, a boutique asset management company, has marked the first close of its debut fintech-focused venture capital...
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