Banking & Finance

Nepal Desk to serve businesses in both countries, says Bhatnagar The State Bank of India (SBI) is open for meeting the financing requirements of Himachal Pradesh’s industries, both MSMEs and large corporates, and has assured the bank’s unwavering support for...

Karnataka's Auto Industry gets 88% FDI Equity inflows India received foreign direct investment (FDI) of US$22.53 billion during first quarter of (April-June) 2021-22, almost double of US$11.84 billion reported in the first three months of 2020-21, reported Commerce and Industry...

Chadha says over 75% of employees are currently based out of India Backed by a recently received US$150 million growth investment, Axtria is expanding its cloud software and data analytics business in India for which 1,000-1,500 data scientists and engineers...

Joshi sees mBnk giving businesses and consumers a fresh start BlocPal International Inc, a digital transaction platform that makes financial services more affordable and accessible from Vancouver, has officially launched a unique physical and digital (phygital) financial services marketplace with...

New industry policies based on the interactions with industry leaders The Uttar Pradesh Government has allotted 1,100 plots to apparel, toy manufacturers along with micro, small and medium enterprises (MSMEs) and other industries in the Yamuna Expressway Industrial Development Authority...

More than 95% of respondents indicated they would pay back loans within 30 days, says survey Solv, a Standard Chartered Group's B2B e-commerce platform for micro, small and medium enterprises (MSMEs), conducted a survey of 1,000+ MSMEs to understand their...

Banks can play a critical role by hand-holding industries Finance Minister Nirmala Sitharaman has directed Public Sector Banks (PSBs) to interact with export promotion agencies including the Federation of Indian Exporters Organizations as well as with bodies of industry and...

Investment to significantly boost NMP programme The Cabinet Committee of Economic Affairs (CCEA) has approved a Rs.15,000 crore FDI proposal by Canadian-linked Anchorage Infrastructure Investment Holding Ltd, an India investment holding incorporated specifically for the purpose of investment in infrastructure...

Partnership to further strengthen the startup investment ecosystem MeitY Startup Hub (MSH), an initiative of the Ministry of Electronics & IT (MeitY), has entered into a partnership with MergerDomo, a fundraising and startup advisory platform from Noida, saying the collaboration...

Jacob says customers preparing for Bull Market driven by pent-up demand Trivandrum, Kerala-based Experion Technologies plans to induct around 250 engineers from college campuses for the next fiscal year in India, saying it has expanded workforce across its centers in...