Finance
Finance
RBI issues operational framework for reclassification of FPI to FDI
India's central bank on Monday released an operational framework for reclassifying equity investments made by foreign portfolio investors (FPI) that ......
Finance
Sunil Singhania's Abakkus raises maiden private equity fund
Abakkus Asset Manager Pvt. Ltd, a Mumbai-based asset management firm founded and led by Sunil Singhania, has raised its first private ......
People
Fairfax-backed IIFL Securities to hire 100 bankers as it rebrands to IIFL Capital
Fairfax-backed IIFL Securities Ltd, which has rebranded itself as IIFL Capital Services Ltd, plans to hire about 100 bankers as ......
Finance
Ola Electric, Firstcry IPOs set to boost SoftBank profit
Japanese technology investor SoftBank Group is expected to report a 287 billion yen ($1.87 billion) quarterly profit on Tuesday, boosted ......
Finance
InCred's maiden PE fund backs BFSI firm after making two consumer bets
InCred Alternative Investments, part of the financial services group InCred, has bet on a company in the banking, financial services ......
Finance
BOBCaps' Sanjiv Saraff on IPO market, M&A activity in BFSI space, and more
BOB Capital Markets Ltd (BOBCaps), the investment banking arm of state-run Bank of Baroda, has benefited from the fundraising boom ......
Finance
Most Gulf central banks follow Fed in cutting rates
Most central banks of the Gulf Cooperation Council (GCC) cut key interest rates on Thursday, following the Federal Reserve's decision ......
Finance
HSBC outshines peers in India as the pecking order of top MNC banks changes
Foreign banks have been steadily increasing their presence in India to capture a share of the world’s fastest-growing major economy. ......
Finance
UAE's Beco Capital onboards Saudi LP for fourth fund
UAE-based venture capital firm Beco Capital, which backs early-stage tech startups in the Gulf region and manages assets worth around ......
Finance
Northern Arc taps foreign investors for maiden climate fund
Northern Arc Capital, a non-banking finance company which manages six active funds and counts International Finance Corporation, Eight Roads, Affirma ......
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