Banking & Finance

Dubai’s Amira Nature Foods Ltd, a global provider of packaged specialty rice, said its Indian subsidiary, Amira Foods India has converted Amira India debt into ordinary shares of Amira India.

Turnaround in political sentiments, Foreign Portfolio Investment (FPI) flows coupled with the expected large inflows from rights issues and the merger and acquisition deals, reduced geo-political tensions, stability in oil prices have driven the rupee appreciation to a 9-months high.

It is the biggest shift that the Indian real estate market has seen so far. The previously ‘unaffordable’ real estate markets of NCR and MMR have led the thrust of affordable housing - in both new supply and housing sales...

Wipro Limited’s Artificial Intelligence (AI) and Machine Learning (ML) solutions are available on Amazon Web Services (AWS).

The Government has realised the need to give a fillip to the fintech industry and constituted a steering group in the finance ministry.

India is still very far away from being a less-cash economy and security issues around digital payments system needed to be addressed to make the mode more acceptable, digital expert Nandan Nilekani said on 13 Mar 2019.

After zeroing on a property, buyers need to identify a suitable home loan lender to fulfil their financial needs. Officially, there are two major lenders in the market - banks (including both public and private banks) and the housing finance...

Singapore teleco, Singtel, and the Government of Singapore Investment Corporation (GIC) are supporting Bharti Airtel Rs.250 billion (US$3.5 billion) rights issue.

Finance and Corporate Affairs Minister Arun Jaitley has assured business community that the Government is committed to facilitate trade and industry in the country so that the momentum of the growth continues to move-up.

The Indian Government has signed US$371.2 million agreements with the World Bank for a wide range of projects. These were signed in New Delhi on 5 Mar 2019.