Banking & Finance

Government's focus on infra sector augurs well for growth prospects Given the disruption caused by the second wave of the pandemic, total infrastructure credit (banks and NBFC-IFCs) remained sluggish in Q1 FY2022 with infrastructure focused loan books remaining flat on...

India-UAE Strategic Partnership on the anvil Minister of Commerce and Industry Piyush Goyal has called upon the NRIs and Indian diaspora to invest in India 'unhesitatingly', adding, "There is a great opportunity in extraordinary growth in India." Addressing the Indian...

The UAE-India to amend Bilateral Investment Treaty India and the UAE share a broad and deep strategic partnership, and this has helped bilateral economic ties continue to strengthen despite the challenges of the COVID-19 pandemic, Sheikh Hamed bin Zayed Al...

Goyal-Tehan talk about a wide range of issues Commerce and Industry Minister Piyush Goyal and Minister for Trade, Tourism and Investment Dan Tehan have formally launched on 30 Sept 2021 the resumption of negotiations on the India-Australia Comprehensive Economic Cooperation...

New York platform to work on product and content expansion New York-headquartered, AlphaSense, which employs over 450 people across offices in the US, UK, Finland and India, has announced US$180 million Series C financing round, proceed from which will be...

Health startup attracts international funding for building virtual hospitals With the US$120 billion Indian health delivery market fast moving towards digitization, the country's startup MFine has announced on 29 Sept 2021 a US$48 million Series C funding round, which is...

IPO-FPO proceeds to finance social sector schemes The Government has approved capital infusion of Rs.4,400 crore into ECGC Ltd (formerly known as Export Credit Guarantee Corporation of India Ltd) over a period of five years from FY 2021-2022 to FY...

Alstom aims to reach 85% localisation on all domestic projects by 2025 India has always been a pivotal market for Alstom, which has invested Euro142 million (Rs.12,556 million) locally in the last 5 years and remains committed to provide unflinching...

VRET is in advanced discussions to acquire Focal Energy's 55MWp Virescent Infrastructure, a leading Indian renewable energy platform sponsored by global investment firm KKR, has raised Rs.4.6 billion (US$62 million) from a group of foreign and domestic investors, part of...

Goyal sees India-Australia partnership in Global Value Chains India has become an important and relevant partner for Australia’s economic strategy, especially in the areas of trade and investments, Dan Tehan, Minister of Trade, Tourism and Investment, said at the Inaugural...