Banking & Finance

Argentum's Barandiarán has joined Impact’s Board Impact Analytics, Inc, a leading provider of AI-driven SaaS solutions for planning & merchandising within the retail industry, has closed an US$11 million growth financing led by Argentum Capital Partners IV, L.P. In connection...

The project will create socio-economic opportunities The Asian Infrastructure Investment Bank (AIIB) has signed a US$304 million loan agreement with the Indian Government for strengthening Assam Intra-State Transmission System Enhancement Project to improve reliability, capacity and security of the power...

Indian service providers will have access to around 115 sub-sectors India and Mauritius have signed a Comprehensive Economic Cooperation and Partnership Agreement (CECPA0 which provides for an institutional mechanism to encourage and improve trade between the two countries, and also...

CDPQ to take stake in 2% of API Holdings The Competition Commission of India (CCI) has approves acquisition by Singapore-located and Canadian-owned CDPQ Private Equity Asia Pte Ltd of equity shareholding of API Holdings Private Limited under Section 31(1) of...

Project to improve learning environment in schools The World Bank is providing a US$68 million loan for a project to enhance the governance of schools across Nagaland as well as to improve teaching practices and learning environments in select schools...

India-EU steering committee adopts long-term perspective India has proposed Implementation Arrangement (IA) for co-funding future joint projects under India-EU Science, Technology, and Innovation Cooperation to streamline the process of collaboration, the Ministry of Science & Technology said on 22 Feb...

New funding will be for MSMEs in manufacturing, trading and services Pune headquartered IndusInd Bank with a 100% guaranty from the U.S. International Development Finance Corporation (DFC), has provided US$10 million to Kinara Capital for the expansion of MSME financial...

Start-up ecosystem will take India to newer heights A Rs.100 crore fund of funds has been notified which is expected to leverage another Rs.100 crore from private investors for the support of both the Central and State Governments work to...

JETRO implements 'Strengthening Overseas Supply Chains' program The Japanese government is moving forward in tandem with the Indian Government to strengthen India's manufacturing sector for integrating into regional value chain and play a role in the global economy, Japanese Ambassador...

Asset gross NPA% could increase to 3.6%-3.9% by March'21 Amid conditions of business de-growth for the housing finance companies (HFCs), the affordable housing finance companies (AHFCs) have continued to grow, albeit at a slower pace as COVID-19 pandemic hit buyers...