Banking & Finance

Maritime India Vision-2030 released Prime Minister Narendra Modi has invited global investors to be a part of India’s growth trajectory including the maritime sector and the emerging Blue Economy. Inaugurating the ‘Maritime India Summit 2021’ through video conference on 2...

Gadkari wants tourism industry to expand their offers The Government's initiatives, such as collateral-free automatic loans for business, including MSMEs as well as the Rs.50,000 crore equity infusion through MSME Fund of Funds will benefit companies with higher credit ratings...

skyTran to impact on high-speed intra and inter-city connectivity Reliance Strategic Business Ventures Limited (RSBVL) has acquired additional equity stake Delaware-incorporated skyTran Inc for a consideration of US$26.76 million increasing its shareholding to 54.46% on a fully diluted basis for...

Addition of aircraft demonstrates confidence in the Indian aviation growth BOC Aviation Limited has signed purchase-and-leaseback agreements with InterGlobe Aviation Ltd (IndiGo) for eight new Airbus A320NEO aircraft, demonstrating the airlines' confidence in the future growth of the aviation market...

Vital to develop this new line of business, says Minister India has created a highly effective system for aircraft leasing and financing which is comparable to that of Ireland, China, HongKong, Singapore and elsewhere. The purpose is to grow India’s...

Real estate growth at 14.6% in 2020, estimates Colliers This is an opportune time for funds to enter the Indian market and explore last-mile funding for projects in the residential sector, according to property consultants Colliers which released a 2021...

Govt starting credit guarantee and startup business fund schemes Future of India is in the hands of startups who are working hard and coming up with new ideas, Minister of State for Commerce & Industry, Som Parkash, told an ASSOCHAM...

Tax incentives to propel housing demand ICRA Limited has changed its outlook to stable on some Indian sectors such as auto and textiles on expectations of a swift demand recovery, reconsidering from negative outlook previously. This follows ICRA's associate Moody's...

Iron Mountain committed to high growth-good return markets Web Werks, one of India’s leading independent data center providers, has entered into a strategic relationship with Boston-headquartered Iron Mountain (NYSE: IRM) for US$150 million investment to accelerate expansion across different Indian...

Global investors bullish on India's renewable energy ReNew Power Private Limited said proceeds from its NASDAQ-listed company, which will have around US$4.4 billion in market cap and US$1.2 billion in estimated gross cash, will be used to support growth strategy,...