Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Ujjivan Small Finance Bank files for IPO
Ujjivan Small Finance Bank Ltd, a unit of non-bank lender Ujjivan Financial Services Ltd, has filed a draft prospectus with ......
Finance
FMO plans $15 mn investment in BanyanTree's third private equity fund
FMO, the Netherlands’ development finance company, plans to invest $15 million (about Rs 107 crore) in the third fund of...
Finance
State Bank of India gears up for IPO of PE-backed credit cards unit
State Bank of India is considering a plan to dilute its stake in its credit card subsidiary via an initial ......
Finance
Standard Life sells $452-mn stake in HDFC Life Insurance
Standard Life, the UK-based investment manager, on Wednesday sold shares worth Rs 3,225.49 crore ($452 million at current exchange...
Finance
Ontario Teachers' Pension Plan may open Mumbai office, increase India investments
Ontario Teachers' Pension Plan, one of the world's biggest pension funds, plans to hire "extensively" in Asia...
Finance
Indian I-banking veteran to acquire IDFC's securities broking business
A top investment banking professional has struck a deal to purchase the securities broking business of IDFC Ltd in a ......
Economy
July WPI inflation slows to more than two-year low as economy falters
India’s annual wholesale price inflation in July eased to a 25-month low of 1.08%, indicating manufacturers are losing their...
Finance
Edelweiss gets $125 mn from Kora Management, seeks more funding for advisory biz
Financial services conglomerate Edelweiss Group said on Wednesday it is raising $125 million (Rs 875 crore) from US-based investment...
Finance
SAIF Partners tastes rare lemon from partial sale in private-sector lender
Venture capital and growth-equity investment firm SAIF Partners, which has struck a series of profitable partial and complete...
Finance
StanChart eyes $100 bn private banking assets in growth push
Standard Chartered is targeting growing its private banking assets by 50% to about $100 billion in three to five years ......