Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Govt unveils steps to boost exports, housing sector as economy loses steam
India will relax rules for lending to priority sectors, Finance Minister Nirmala Sitharaman said on Saturday, forecasting the...
Economy
India's trade deficit narrows to $13.45 bn in August
India’s trade deficit in August narrowed to $13.45 billion from $17.92 billion a year ago, the trade ministry said in ......
Finance
Everstone sues two former managing directors for allegedly stealing data
Everstone Capital has taken two former executives to court for allegedly using confidential data to build a pitch book aimed ......
Finance
Fintech lender NeoGrowth raises debt funding from Proparco
NeoGrowth Credit Pvt. Ltd, a small and medium enterprises-focused fintech lender, has raised $17 million (Rs 120.8 crore) in debt...
Finance
PE-backed lender Altico Capital defaults on debt; chairperson quits
Altico Capital India Ltd, a non-banking financial company that focuses on the real estate sector, has defaulted on its debt ......
Finance
Securities broking firm Dalal & Broacha to float alternative investment fund
Securities broking and portfolio management services firm Dalal & Broacha Stock Broking Pvt. Ltd is planning to float an alternative...
Economy
Retail inflation climbs to 10-month high in August but another rate cut likely
India’s retail inflation rate increased to a 10-month high in August but stayed below the central bank’s 4% medium-term...
Finance
OPIC approves $185 mn in financing for Cholamandalam Investment
The Overseas Private Investment Corporation (OPIC), a development finance institution of the US government, has approved a loan...
Finance
JM Financial injects fresh capital into asset reconstruction arm
JM Financial Asset Reconstruction Company Ltd has raised Rs 183.37 crore ($25.65 million) by allotting compulsory convertible...
Finance
Vertex Ventures raises $290 mn fund for India, Southeast Asia bets
Singapore-based Vertex Venture Holdings, the first main backer of Southeast Asia’s ride-hailing giant Grab, has added a...
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