Banking & Finance

HLC's vision to provide high-quality education to small towns and rural communities Singapore-based XSEED Education Pte Ltd has taken a minority stake of an undisclosed size in Hippocampus Learning Centres (HLC), an impact focused education organization that aims to address...

Roads are one of India's largest and most crucial infrastructure assets KKR, a global investment firm, has signed definitive agreements to acquire New York-headquartered Global Infrastructure Partners’ (GIP) entire interest in Highway Concessions One (HC1) and seven highway assets with...

Move designed to help offline SMBs grow sales by using digital advertising channels Bengaluru-Based Innoviti Payment Solutions, the largest provider of intelligent payment solutions to offline merchants, has acquired Digital Marketing Services startup xGrow that specializes in integration of Google...

Green funding is a milestone for Azure Power project Japan's MUFG Bank Ltd has made a delivery and financial close of a US$163 million, five-year syndicated financing for a 300-megawatt solar plant developed by Azure Power India Private Limited (APIP)...

IDBI Intech's disruptive products cover Financial Crime and Payments India’s leading Digital Banking Technology Transformation company, IDBI Intech Ltd, has formed a strategic partnership with one of UK’s most definitive technology advisory firms, Lemon Advisors UK Ltd, to extend their...

Tourism has been one of the most impacted sectors, says Narendran The Confederation of Indian Industry (CII) has welcomed Finance Minister Nirmala Sitharaman's economic boosting package for sectors battered by the COVID-19 pandemic. Taking cognizance of the need to support...

Sakthivel sees latest package supporting goods and services exports Dr A Sakthivel, the newly elected President of FIEO, welcomed the stimulus package of Rs.628,993 crore announced by Finance & Corporate Affairs Minister Nirmala Sitharaman to support Indian economy in fight...

Mehta says Cosmos-Maya looking at larger markets and newer challenges NewQuest Capital Partners has acquired a majority interest in Cosmos-Maya, Asia’s leading animation studio synonymous with market dominating IPs like Motu Patlu, Selfie with Bajrangi, Titoo, Dabangg and several marquee...

Bank support Pune tech company's growth journey India's largest private sector bank HDFC, along with its subsidiary HDFC Securities Limited, has acquired a 7.4% stake in Virtuoso Infotech Pvt Ltd, an enterprise software solutions company, founded by Preeti Nahar and...

Revived demand expected for NBFC+HFC loan restructuring in the current year The second wave of Covid-19 infections has impacted non-bank (NBFC+HFC excluding infra) business sentiments for Q1FY2022. However, a rebound in Q2 and a steady uptick during H2FY2022 could result...