Banking & Finance

Private Equities want to see competitive NBFCs An ASSOCHAM-PwC joint study has cautioned that non-banking financial companies (NBFCs) in India will have to keep pace with new technologies and changing customer aspirations to attract timely private equity (PE) investments. “NBFCs...

IAN's US$70M fund and nurturing for young businesses Indian Angel Network (IAN), one of the world's largest seed and early stage investment groups in the startup eco-system, is to raise US$38 million from India and overseas for its second round...

Indian banks gets financing support for projects World Bank, International Finance Corporation and other multilateral financial institutions are assisting India’s solar power programmes, parliament was told on 4 Jan 2018. The World Bank is providing assistance of US$100 Million for...

DEA clears Rs.532 crore proposal   The Department of Economic Affairs has approved Canada Pension Plan Investment Board (CPPIB) proposal to invest in India. CPPIB and Pantheon-HK Project Universe, LP, through Metaffinity Private Limited, will make downstream investment in Religare...

ASSOCHAM sees more offer of stressed assets In the backdrop of plenty of stressed corporate assets on offer at tempting valuations, India is expected to see mergers and acquisitions (M&A) worth US$50 billion this year, according to an ASSOCHAM Year...

Ministry list out main projects for 2018 Around 53,000 km of National Highways (NHs) have been identified to improve National Corridor efficiency, of which 24,800 km are to be taken up in Bharatmala Pariyojana Phase I, to be implemented over...

Elaborate programme worked out for delegates   High Commission of India, Singapore. Press Release ASEAN-India Pravasi Bharatiya Divas (PBD) 2018 & India-Singapore/ASEAN Entrepreneurship Bridge (InSpreneur). The ASEAN-India Pravasi Bharatiya Divas (Overseas Indian Day) Convention is being held on 6-7 January...

Metros to lead big ticket developments Nine new Metro Projects, covering 180-km and costing Rs.49,000 crore, have been sanctioned for Ahmedabad, Nagpur, Lucknow, Chennai (Extension), Pune and Noida-Greater Noida and Delhi Metro extension, said the renamed as the Ministry of...

DRIP development extended by two years World Bank loans continue to lead in financing India’s mega water projects such as the Dam Rehabilitation and Improvement Project (DRIP), according to information released by Public Information Bureau. A World Bank loan is...

Green projects worth Rs.6,766 crore have been awarded The government is raising funds from bilateral and international donors as well as Green Climate Fund for its 175 GW target of installed Renewable Energy capacity by 2022. This includes 60 GW...