Banking & Finance

Khosla says Standard Chartered committed to help clients realise their financial life goals There is a clear need for Indians to have a focused proactive investment strategy while balancing risk, according to Nakul Jain, Managing Director, Affluent Clients and Deposits,...

REC enters interest rate swap referencing and hedges interest rate risk on facility In a first for any NBFC in India, REC Limited has successfully raised a US$75 million, 5-year Secured Overnight Financing Rate (SOFR) linked Syndicated Term Loan with...

Dubai's BNP Investments supports Mumbai-based startup pre-series fund Mumbai based start-up Jarvis Invest aims to make equity investments feasible to every household, improve its accessibility, provide unparalleled advisory and offer technology as a delivery platform, using its US$1 million pre-series...

CCI approves the Netherlands-based Betaine to take over HSG The Competition Commission of India has given approval on 18 Oct 2021 to the Netherlands-based unit of Baring Private Equity Asia Ltd (BPEA) to acquire worldwide healthcare business process outsourcing (BPO)...

India represents a prime investment destination, says GII Co-CEOs The Dubai-based Gulf Islamic Investments (GII), a leading UAE-based Shari’ah-compliant financial services group with over US$2 billion of assets under management, plans to invest another US$500 million (Rs.3,500 crores) in India...

New York investors updated on Indian startups in capital markets Opportunities are galore in India for all investors and industry stakeholders with the current reset in the global supply chain, Finance Minister Nirmala Sitharaman told a roundtable in New York...

Swedish investors support the growth-oriented investment round Stockholm-headquartered TrusTrace said its US$6 million series A investment is to create more sustainable and transparent supply chains for global brands expanding further on its more than 8,000 suppliers in India, China and...

PLI schemes will make India the new global manufacturing hub, says Agarwal Gurugram-headquartered VVDN Technologies, a premier electronic product engineering and manufacturing company, has committed to invest Rs.400 crore in the next four years on telecom and networking equipment manufacturing...

TALA offers the world’s most accessible consumer credit product in India TALA, building one of the world’s most accessible financial services out of the United States with focus on India, Kenya, the Philippines and Mexico, says it will use the...

Funding support under Start-up India drives industry growth The Fintech market in India is expected to expand at a compound annual growth rate (CAGR) of ~24.56% between 2021 and 2026 to reach ~Rs.8.35 trillion by 2026, propelled by the increased...