India’s plea against Nissan falls on deaf ears

The Permanent Court of Arbitration rejects India’s plea | Indian government might move to Singapore’s Supreme Court. N Muruganandam, principal secretary to Tamil Nadu government’s industries department, said all obligations would be honoured and he hopes to finalise a deal…

Only two takers for India’s hybrid renewable kitty

Tariffs in wind-solar hybrid auction remain nearly unchanged | Adani won 600 MW at Rs 2.69 per unit, while ReNew Power got 120 MW at Rs 2.70.

Sushil Agarwal upraised as Aditya Birla Group CFO

Sushil Agarwal is now the group CFO of Aditya Birla Group, after proving his mettle at Grasim. Recently, Grasim has reported 79 per cent increase in its consolidated net profit at ₹1,532 crore. Aditya Birla Group is a $44 billion…

Manipal Global Academy ropes in Robin Bhowmick as Chief Business Officer

Robin Bhowmick joins Manipal Global Academy of BFSI as the Chief Business Officer Manipal Global Education Services (MaGE) announced the appointment of Robin Bhowmik as the Chief Business Officer of Manipal’s Global Academy of Banking, Insurance and Financial Services (BFSI)…

Future of Indian Banking System – A Report by Money Circle

NEW DELHI, May 28, 2019 /PRNewswire/ — Know the Banking System With Capt. Aman Aggarwal from Money Circle After many false hopes over the past few years, there appears to be a new dawn for the banking industry in the…

Bain & Company’s India Private Equity Report 2019, Released

MUMBAI, May 14, 2019 /PRNewswire/ — – PRIVATE EQUITY FUNDS RECORDED INVESTMENTS WORTH $ 26.3 BILLION IN 2018, SECOND HIGHEST IN THE LAST DECADE – Bain & Company’s latest India Private Equity Report finds 2018 was an excellent year with…

₹ 700 billion and counting: RBI struggles to revive sluggish economy

RBI’s ₹ 700 bn cash infusion in April was unable to revive the economy, further efforts are expected to continue.

MobiKwik to clock 70k digital loans in May 2019

MobiKwik to clock 70,000 digital loans in May 2019 MobiKwik, India’s leading FinTech Company, today announced that it will clock 70,000 fully-digital loans in May 2019. MobiKwik has disbursed over 5 lakh loans since it started digital lending on its…

‘Money Loji’ launches App that offers loans to salaried professionals within 5 minutes

Say goodbye to the days of mustering the embarrassment of borrowing money from a relative or friend. Month-end or early-month days will no longer be crucial and testing, whether it’s a salary delay or an immediate medical expense, we finally…

RattanIndia Finance bets big on MSME growth

RattanIndia Finance, a joint venture between Rajiv Rattan and US-based private equity, Loan Star funds has launched MSME loans to facilitate easier credit access to MSMEs. The company plans to cater the MSME segment with its retail lending offering which…