Covid-19
Finance
GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1
Singapore sovereign wealth fund GIC Pte. Ltd shuffled several of its investments in India’s listed banking, financial services...
People
Ex-Hero MotoCorp finance chief, others invest in supply chain finance platform
Sensing a need to help businesses to overcome the cash flow crisis in the pandemic, a supply chain finance startup ......
Markets
Sensex, Nifty tumble as lockdown extends, US-China tensions flare
Indian shares tumbled on Monday, dragged down by heavyweight financial stocks, after the government extended the world’s...
Markets
Nifty, Sensex log best month since 2009, track global cheer on virus drug hopes
Indian shares rose more than 2% to a near seven-week high on Thursday, as global sentiment improved on promising early ......
Markets
Indian stocks end at more than six-week high on HDFC boost
Indian shares rose on Wednesday, tracking gains in Asian markets, as several countries eased coronavirus-induced lockdowns while...
Finance
Axis Bank reports surprise $183 mn loss on COVID-19 provisions
Axis Bank Ltd, India’s third biggest private-sector lender, on Tuesday reported a surprise 13.88 billion rupee ($182.96...
Markets
Sensex, Nifty slide as virus jitters return, financials drag
Indian shares closed lower on Friday as global data laid bare the economic damage caused by the coronavirus pandemic and ......
TMT
Digital lenders braced to weather coronavirus but loan aggregators in peril
Digital lenders’ revenues are better positioned than those of loan aggregators amid the coronavirus crisis at least in the...
General
Grapevine: Blackstone, Warburg, NIIF join race to buy stake in Concor
Global investors Blackstone and Warburg Pincus as well as India’s sovereign fund National Investment and Infrastructure...
Finance
KKR's McVey on slowing growth, PE opportunities and credit as attractive asset class
Global alternative asset manager KKR is expecting a period of slower growth, a wave of opportunities for private equity as ......
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