Finance
Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.
Finance
Rupee slumps to record low, logs worst day in nearly 7 months as dollar bids spike
The Indian rupee fell to an all-time low on Friday, as maturing non-deliverable forwards and currency futures boosted dollar demand, ......
Finance
Auto leads recovery in stock market after last week's slide
Indian shares rose on Friday to log gains in a holiday-thinned week, led by auto stocks after last week's sharp ......
Finance
Saudi multi-asset investor Jadwa gets cheque from local LP for PE fund
Jadwa Investment, a Saudi Arabia-based investment firm that manages assets worth over $20 billion across different asset classes, has secured ......
Finance
Multiples PE-backed DAM Capital jumps on stock market debut
Investment banking firm DAM Capital made a strong stock-exchange debut on Friday with its shares listing at a 39% premium ......
Finance
Flashback 2024: How startup funding fared in MENA region
The Middle East and North Africa (MENA) region recorded a further moderation in startup funding activity in 2024, in line ......
Finance
Flashback 2024: These PE, VC firms raised the biggest funds this year
Several general partners managed to raise new private equity and venture capital funds this year although high interest rates, slowing ......
Finance
CityMall backer WaterBridge Ventures keen to list two portfolio companies
Homegrown venture capital firm WaterBridge Ventures, which has backed startups such as Unacademy, Bijnis and CityMall, is preparing to list ......
Finance
Govt considers cutting personal income tax to lift consumption
India is considering cutting income tax for individuals making up to 1.5 million rupees ($17,590) a year in February's budget to ......
Finance
Tano-backed stressed assets advisor targets $100 mn via two funds
A boutique stressed assets advisory firm, which is backed by Tano Capital, has launched two alternative investment funds (AIF), eyeing ......
Finance
Japan's SMFG infuses $350 mn into Indian NBFC arm
Japan’s Sumitomo Mitsui Financial Group (SMFG) has invested an additional Rs 3,000 crore, or over $350 million, into SMFG India ......