Finance

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

Xiaomi banks on phone data for finance play in India

Finance

23 August, 2019

Xiaomi banks on phone data for finance play in India

China’s Xiaomi is poised to launch a consumer lending business in India in the coming weeks, making an ambitious tilt ......

Finance

23 August, 2019

Chidambaram sent to CBI custody

A court on Thursday ordered former finance minister P. Chidambaram into police custody for questioning for four days, in a ......

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Finance

22 August, 2019

ICICI Venture pumps fresh money in payments portfolio company

Mid-market private equity firm ICICI Venture has struck a fresh investment in an existing portfolio company, its first new transaction...

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Finance

22 August, 2019

ESAF Small Finance Bank gears up for IPO, shortlists merchant banks

Thrissur-based ESAF Small Finance Bank has shortlisted merchant banks as it gears up for its initial public offering, two people...

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Finance

22 August, 2019

Why more LPs are opting for custom managed accounts

Institutional investors who are sitting with a large pool of capital are looking at a differentiated alternatives strategy with...

Finance

22 August, 2019

Stingy banks, struggling NBFCs drive credit-starved commoners into pawning family gold

Refused a loan by a state-run lender and desperate for funds to buy cotton seeds before the summer sowing season ......

Finance

22 August, 2019

Former Indian finance minister arrested in corruption case

The Central Bureau of Investigation (CBI) arrested former finance minister P. Chidambaram late on Wednesday in relation to alleged...

Finance

21 August, 2019

SEBI allows rating agencies to collect clients' debt data

India's markets regulator on Wednesday allowed credit rating agencies to obtain details of clients' existing and future...

Finance

21 August, 2019

Now, a lenders' takeover of DHFL just short of two regulatory nods

All banks have consented to converting financially-troubled Dewan Housing Finance Corp. Ltd (DHFL)’s debt into equity, and...

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Finance

20 August, 2019

JM Financial set to float distressed assets funds

Mumbai-based JM Financial Ltd has revived a plan to invest in stressed assets through separate investment vehicles but has tweaked...

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