Banking & Finance

Recruitments are happening across all levels, says Aleti Demand for the professionals in Tax and Audit sector is increasing in India as businesses in the United States outsource jobs to manage the COVID-relief package by Congress December 2020. President Joe...

Equipment and machineries to be replaced and overhauled The Cabinet Committee on Economic Affairs (CCEA) has approved proposal of the Department of Fertilizers for Grant-in-aid of Rs.100 crore to Brahmaputra Valley Fertilizers Corporation Limited (BVFCL), Namrup in Assam to sustain...

ICRA expects recovery for NBFC PV credit in FY2022 Given the slowdown in the passenger vehicle (PV) segment along with Covid induced disruption, Foreign PV NBFC Captives (FOC) credit contracted by 8% Y-o-Y in FY2020 and-further dipped by 4% YTD...

PIM issued for the sale of Pawan Hans The Transaction Adviser is scrutinizing the "Expression of Interest” received for the strategic sale of Air India, said the Civil Aviation Ministry on 9 Feb 2021 The Product Information Management (PIM) for...

Strategic disinvestment policy for non-priority sector Minister of State for Defence Shripad Naik has updated Rajya Sabha on 8 Feb 2021 on disinvestment of Defence Public Sector Undertakings (DPSUs) - BEML Ltd, Garden Reach Shipbuilders & Engineers Limited (GRSE) and...

9Unicorns closes second fund of Rs.200cr Mumbai's 9Unicorns, the accelerator fund of Venture Catalysts, has announced the second close of its fund at Rs.200 crore on the back of growing interest among domestic and global investors to invest in early-stage...

Ministers committed to remove market access barriers India and the United Kingdom have agreed to launch later this year the Enhanced Trade Partnership (ETP) which is a part of the development of a roadmap that would lead to a potential...

NBFCs-HFCs securitised Rs.24,000cr in Q3 FY2021 Ever since the sharp fall in domestic securitisation volumes seen in Q1 FY2021, the securitisation market has been on a path of revival on a sequential basis, according to ICRA Ltd. Investors and originators...

MSMEs get the central banker's special dispensation, says Sood Without changing the benchmark Repo rates, the RBI Monetary Policy has brought in a slew of measures including a revolutionary decision to open the government securities (G-sec) market to retail investors,...

Ministerial meeting in three months following HLD Indian and European Union Ministers have agreed to meet within the next three months, with an objective for reaching consensus on a host of bilateral trade & investment cooperation issues through a bilateral...