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Finance

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

Does the bankruptcy law need more changes?

Finance

20 August, 2019

Does the bankruptcy law need more changes?

There is a broad agreement that the existing norms for bankruptcy resolution are not enough. Also, the infrastructure isn't enough ......

Mahindra Finance to acquire majority stake in Sri Lankan NBFC

Finance

20 August, 2019

Mahindra Finance to acquire majority stake in Sri Lankan NBFC

Mahindra & Mahindra Financial Services Ltd has agreed to acquire a majority stake in Sri Lankan non-banking financial company...

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Canara Bank hires head for housing finance unit from Tata Capital

Finance

20 August, 2019

Canara Bank hires head for housing finance unit from Tata Capital

State-run Canara Bank has hired a new chief for Can Fin Homes Ltd amid revived efforts to sell a stake in ......

Govt panel suggests across board corporate tax cut to 25%

Economy

20 August, 2019

Govt panel suggests across board corporate tax cut to 25%

An Indian government panel has recommended cutting the corporate tax rate to 25% from 30% for all companies and scrapping ......

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Why Avendus' new PE fund is aiming to buy shares from ESOP holders

Finance

20 August, 2019

Why Avendus' new PE fund is aiming to buy shares from ESOP holders

Future Leaders Fund, a mid-market private equity vehicle launched by Avendus Capital, is looking to buy employee stock options...

Govt exempts NBFCs from debenture reserve requirements

Finance

19 August, 2019

Govt exempts NBFCs from debenture reserve requirements

India’s shadow lenders and listed companies who issue debentures will no longer have to maintain a certain level of redemption...

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Allianz ropes in Edelweiss exec for Asian private credit biz

Finance

19 August, 2019

Allianz ropes in Edelweiss exec for Asian private credit biz

Allianz Global Investors Asia Pacific Pvt. Ltd has hired an Edelweiss Group executive for its Asia private credit team.   Siddharth...

Housing financier Aviom raises Series B funding from Japanese, Dutch investors

Finance

19 August, 2019

Housing financier Aviom raises Series B funding from Japanese, Dutch investors

Delhi-based Aviom India Housing Finance Pvt. Ltd has raised Rs 60 crore ($8.4 million) from Japan's Gojo & Company and...

RBI weighs linking some new bank loans to policy rate

Economy

19 August, 2019

RBI weighs linking some new bank loans to policy rate

The Reserve Bank of India is looking to get banks to link some new loans to its key policy rate ......

PE-backed microlender Spandana Sphoorty makes tepid stock market debut

Finance

19 August, 2019

PE-backed microlender Spandana Sphoorty makes tepid stock market debut

Hyderabad-based microlender Spandana Sphoorty Financial Ltd made a weak debut on the stock exchanges on Monday with its shares...

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