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1 min read

Amazon-backed Capital Float plans to go big in the buy now, pay later segment; raises $50 million

Amazon-backed Capital Float has raised $50 million in the latest funding round to strengthen its bu…

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2 mins read

Cyrus Poonawalla’s shadow bank partners with a startup to disburse ₹500 crore in loans in a year

Cyrus Poonawalla’s Poonawalla Finance, the Pune-based NBFC, has partnered with the startup Capital …

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1 min read

Innova Captab, Blue Jet Healthcare get Sebi's nod to float IPO

Pharmaceutical companies Innova Captab Ltd and Blue Jet Healthcare have received Sebi's go-ahead to…

PTI   


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2 mins read

Billionaire investor Howard Marks says he's worried about excessive inflation and shares 2 strategic investments for the current environment

"Higher inflation means higher interest rates, higher interest means lower asset prices," Marks tol…

Shalini Nagarajan   


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3 mins read

Aaron Weinman   


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Amazon's new service allows Indian sellers to get third party loans through the company

When applying for a loan, sellers will have a choice between different third-party lenders. The …

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3 mins read

It’s about time Machines did all the talking

The most common way you’ll find Indian businesses scaling is by ‘throwing people at the problem’. “…

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2 mins read

Indian banks need USD 7 bn additional capital :Fitch

New Delhi, Dec 3 () Indian banks need an additional USD 7 billion (Rs 50,000 crore) equity by 2020-…

PTI   


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3 mins read

India’s central bank chooses to keep interest rates on hold, unveils a new pricing policy for retail and small business loans

The six-member committee also opted to maintain the stance at “calibrated tightening”, indic…

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3 mins read

Bad loans take the wind out of Yes Bank— swings to a loss in the second quarter

The Mumbai-based Yes Bank posted a shocking loss of ₹600 crore for the three months ended September…

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3 mins read

Argentina looks set to get a $50 billion bailout - the biggest loan in the IMF's history

Investors have been pulling cash out of the country, and the Argentine peso has fallen more than 36…

Gina Heeb   


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2 mins read

Startups, tired of chasing angel investors, are now simply borrowing money to make ends meet

Besides Zoomcar, other startups such as mobile wallet MobiKwik, memorabilia e-retailer Collectabill…

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4 mins read

Know why Bankers are super unhappy with the RBI

The other factor that seems to have been a detterent for a larger rate cut are the worries over the…

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1 min read

Askme joins SME race, to finance 14 million sellers with upto Rs. 1 Crore loans

Speaking on the alliance, Mr. R Balaji, Vice President, Mahindra Finance said, “Our financial solut…

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2 mins read

Aadhar Housing Finance sets IPO price band at ₹300-315 per share

This will be the third maiden public issue opening next week after TBO Tek and Indegene. …

PTI   


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6 mins read

The way companies borrow money is changing forever

A rush of businesses taking loans from private-equity firms, concerns about an opaque market, and a…

Rebecca Ungarino   


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2 mins read

'Big Short' investor Greg Lippmann eyes resilient assets for tough environment: 'buy the bad at the horrible pricing'

Known for predicting the 2008 crash, the investor sees opportunity in commercial mortgage-backed se…

Filip De Mott   


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2 mins read

Union Bank to sell 8 troubled accounts worth Rs 3,000 cr to bad bank NARCL

Union Bank of India on Friday said it has identified eight troubled accounts worth Rs 3,000 crore t…

PTI   


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17 mins read

Inside the company that has discovered the ultimate cash cow: teenage athletes

Michael Schwimer calls his company "Shark Tank for athletes." Critics call it indentured servitude.

Joseph Bien-Kahn