Banking & Finance

Applications submission by 15 Sept 2021 The International Financial Services Centres Authority (IFSCA) has invited applications from eligible entities for setting up and operating the International Trade Financing Services Platform (ITFS) to apply by 15 September 2021. IFSCA, upon satisfaction...

'Gocal strategy' for 16,000+ employees in 40 countries to work in multiple languages HCL Technologies (HCL) has signed a contract with Munich Re, one of the world’s leading reinsurers, to create a next-generation digital workplace for its more than 16,000...

NDB expected to open office in India India is currently in the process of setting up a Development Finance Institution (DFI), called National Bank for Financing Infrastructure & Development, which is primarily aimed at funding large infrastructure projects, Onkar Kanwar,...

Programme to unlock the value of investments in brownfield public sector assets Minister for Finance and Corporate Affairs Nirmala Sitharaman has launched the asset monetisation pipeline of Central ministries and public sector entities, the ‘National Monetisation Pipeline (NMP Volumes 1...

California-based financial technology company to build a team of highly skilled tech experts Anil Gopinath has joined the leadership team as its new Head of Technology at Drip Capital Inc from California with the aim to create next generation of...

Indian-French JV takes 50% stake in Ahmedabad's Smartmeters Adani Total Gas Ltd, an Indian-French private sector joint venture, has acquired 50% stake in Ahmedabad-based Smartmeters Technologies Pvt Ltd (SMTPL) for Rs.1 crore, according to a company's filing to stock exchanges...

Post-COVID business travel is making a strong comeback, says Kukreja ITILITE, leading Enterprise SaaS based travel and expense manager platform with offices in Bangalore and Delaware, has formed a partnership with US-based payments solutions company, Zact. With this unified offering,...

Expansion to reach out Saudi, South East Asian, Russian and the UK markets Ferns N Petals (FNP), India's gifting giant with 400 outlets in more than 25 cities, has launched its private equity, saying the investment strategy for its first...

Aggarwal's voting rights in ANI approved The Competition Commission of India (CCI) has approved acquisition of shares by Singapore's MacRitchie Investments Pte Ltd and Fort Canning Investments Pte Ltd in ANI Technologies Private Limited which operates an internet and mobile...

Bajaj sees 600m Indians living in urban spaces by 2030 Further investments and incentives are needed to set up Sewage Treatment Plants and achieve 100% solid waste treatment in India, Hardeep Singh Puri, Minister of Housing and Urban Affairs has...