Banking & Finance

DBS offers offers end-to-end digitised solutions DBS Bank India of Singapore-based DBS Group, has been named 'India's Best International Bank' based on its operations in the country, the strength of services such as cash management, trade finance and foreign exchange,...

CECA and AIFTA have been useful for companies working in India India is actively seeking to grow trade with 10 member countries of Association of South East Asian Nations (ASEAN) in the product categories that constitute significant portion of Indian...

Rs.1,497 crore telecom deal Reliance Jio Infocomm Ltd (RJIL) has entered into a definitive Agreement with Bharti Airtel Limited for acquisition of right to use spectrum in the 800MHz band in Andhra Pradesh, Delhi and Mumbai circles through spectrum trading....

Fuel the drivers of household consumption and business investment, says Aggarwal The inflows of Foreign Portfolio Investment (FPI) into the Indian equity markets was Rs.274,034 crore in 2020-21, reflecting steadfast confidence of foreign investors in the fundamentals of the Indian...

Cash flow would be adequate for Rs.90bn capital expenditure S&P Global Ratings has raised Tata Steel rating to 'BB-' on deleveraging and strong operating momentum, putting the outlook at stable as strong cash flow supports the management commitment to lower...

Singapore leads with FDI Equity inflow India has attracted total FDI inflow of US$72.12 billion during April to January 2021, the highest ever for the first 10 months of a financial year and 15% higher as compared to the same...

APSEZ strides towards 500 MMT port capacity, says Karan Adani Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest private ports & logistics company and the flagship transportation arm of the diversified Adani Group, is taking full charge of...

Asset quality pressures are likely to resurface, cautions ICRA ICRA Ratings has said that despite a decline in the reported Gross NPA and Net NPA by banks as on 31 December 2020 as compared to 31 March 2020, the asset...

Electric 4W trucks production from next year Hyderabad's Gayam Motor Works (GMW), a pioneer in the Indian electric mobility space and the largest exporter of electric 3Ws (or e-tuktuks) from India, has announced US$50 million investment commitment from Luxembourg-based GEM...

ICRA downgraded the ratings of 483 entities in FY2021 While uncertainties relating to the sustenance of the recovery remain, stoked further by the second wave of Covid infections, ICRA Ltd's base case assumptions suggest that the overall credit quality of...