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Newly born ARC, backed by Brookfield and lender, sets sights on stressed real estate

Finance

08 April, 2021

Newly born ARC, backed by Brookfield and lender, sets sights on stressed real estate

An asset reconstruction company or ARC, freshly floated by Canada's Brookfield Asset Management and backed by an Indian mortgage...

Indian shares fall 1% as HDFC Bank, rising bond yields weigh

Markets

31 March, 2021

Indian shares fall 1% as HDFC Bank, rising bond yields weigh

Indian shares closed lower on Wednesday as the country's largest private lender HDFC Bank dropped after another issue hit...

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Amazon leads funding round for SME finance platform in latest bet

TMT

31 March, 2021

Amazon leads funding round for SME finance platform in latest bet

Online retailer Amazon has led a round in a fintech platform where small businesses can auction their trade receivables to ......

Indian shares end higher as heavyweight financials climb

Markets

09 March, 2021

Indian shares end higher as heavyweight financials climb

Indian shares closed higher on Tuesday, driven by strong gains in heavyweight financial stocks, as a pullback in bond yields ......

Sensex, Nifty end flat as some banks fall, Reliance gains

Markets

16 February, 2021

Sensex, Nifty end flat as some banks fall, Reliance gains

Indian shares hit a record high on Tuesday, powered by gains in financial stocks as optimism about a swift global ......

Grapevine: Yuri Milner to invest in Rupeek; Interups backs out of Air India race

General

30 December, 2020

Grapevine: Yuri Milner to invest in Rupeek; Interups backs out of Air India race

Yuri Milner, the billionaire chief of global technology fund DST Global, is in advanced discussions to back gold-loans startup...

Sensex, Nifty post seventh weekly jump in longest rally in 20 months

Markets

18 December, 2020

Sensex, Nifty post seventh weekly jump in longest rally in 20 months

Indian shares closed mostly flat on Friday, as gains in information technology stocks were offset by banking losses, but both...

Sensex crosses 46,000, ends at new high on vaccine progress

Markets

09 December, 2020

Sensex crosses 46,000, ends at new high on vaccine progress

Indian shares jumped to a record high on Wednesday, led by gains in heavyweights Reliance Industries and HDFC Bank, as ......

HDFC Bank joins Sequoia-backed fintech smallcase's Series B round

TMT

08 December, 2020

HDFC Bank joins Sequoia-backed fintech smallcase's Series B round

HDFC Bank, India’s largest private-sector bank, has picked up a minority stake in smallcase Technologies Pvt Ltd, a financial-technology...

RBI puts curbs on HDFC Bank's digital, credit card operations

Finance

03 December, 2020

RBI puts curbs on HDFC Bank's digital, credit card operations

The central bank has forbidden India’s largest private lender, HDFC Bank, from adding new credit card customers or launching...

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