Banking & Finance

Marsh India will further build leadership across the Asian region, says Jacob Marsh, the world’s leading insurance broker and risk advisor, has increased its shareholding in Marsh India Insurance Brokers Pvt Ltd from 49% to 92% to more effectively meet...

Acquisition provides local presence, know-how and customer base Wavin B.V., a global solutions leader for the Building and Infrastructure industry and an Orbia business, will acquire a majority stake in Vectus Industries Limited, a privately-held manufacturer of plumbing and drainage...

Equity expected to outperform bonds and cash British multi-national Standard Chartered said 2022 is likely to see markets transitioning from ‘early-cycle to ‘mid-cycle’ with a withdrawal of monetary policy stimulus defining the transition similar to 2003 and 2009 market cycles....

Tenders: Germany supports Madhya Pradesh and REC Ltd projects German Development Bank – KFW (Kreditanstalt für Wiederaufbau) has signed two loans to support Madhya Pradesh's and REC Ltd's energy projects, further strengthening the Indo-German Bilateral Partnership. KFW is lending Euro140...

SIDBI sanctioned Rs.79,285 crore loans through psbloansin59minutes Minister of State for Finance Dr Bhagwat Kisanrao Karad has listed out the measures taken by the Government for improving the flow of credit to MSME sector such as loans of Rs.3.09 lakh...

Cities are expected to become a strong engine of economic growth in India The Asian Development Bank (ADB) on 17 December 2021 has signed a US$350 million policy-based loan to improve access to urban services in India by accelerating policy...

ADB studies to develop an economic corridor in the northeastern region, says Konishi The Asian Development Bank (ADB) is giving US$112 million loan to set up a skill university in Assam that will strengthen industry-aligned and flexible skills education and...

Plans include a new plant in South India following the success of $4.5m from Series A Pune's Pi Green Innovations, which has technology patents granted in the USA, UK, China, EU and Singapore, said the US$4.5 million in Series A...

Surat Metro depots to harness solar energy The Germany Development Bank – KFW (Kreditanstalt für Wiederaufbau) has signed a Euro442.26 million loan for the Euro1.5 billion Surat Metro Rail project which is also being co-financed by French Development Agency, AFD...

F77 will redefine the global perception of electric mobility, says Rajmohan TVS Motor Company and Zoho Corporation have supported Series C funding of Ultraviolette Automotive Pvt Ltd, an innovator in sustainable mobility which is setting-up manufacturing and assembling facility in...