Banking & Finance

Bajaj Finance Ltd’s (BFL) comfortable capital levels and its strong market position drove credit rating, said Standard & Poor’s Global Ratings.

Kyrgyzstan and India are considering establishment of joint financing mechanisms to accelerate two-way investment and trade in a wide range of areas including energy, IT, mining, textiles, education, medical and pharmaceutical sectors.

The Securities and Exchange Board of India (SEBI) has proposed a new set of framework for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in order to provide flexibility to the issuers in terms of fund raising and...

India Life Sciences Fund has raised US$250 million for its third growth capital fund for the healthcare and pharmaceutical sector from America and European Investors.

Vedanta Resources Ltd has committed another Rs.60,000 crore investment in India in the next three years and Rs.8,500 crore to expand its mining and allied operations in South Africa.

Tata Steel has signed an agreement to sell 70% stakes each in its two steel mills in Singapore and Thailand for US$480 million as a strategic to exist non-core markets and focus on fast growing demand in the home market.

Nangia Advisors, a collaborating firm with Andersen Global in India, expands into south with Bengaluru as its 6th office in the country.

Regulator Securities and Exchange Board of India (SEBI) has granted the India International Exchange Ltd (INX) unit Qualifying Central Counterparty (QCCP) status.

A Warburg Pincus floated company, Embassy Industrial Park (EPI), is investing Rs.288 crore on a 1.3 million sq ft warehousing facility on the outskirt of Bengaluru.

BOC Aviation Limited has announced the placement of four Boeing 737-800 NG aircraft with Vistara, an airline run by a India-Singapore joint venture.