Banking & Finance

The Competition Commission of India (CCI) has approved Kora Master Fund LP investment of up to 10% ($75 million) in Edelweiss Securities Limited under sub-section (1) of Section 31 of the Act for loans to smaller sections of businesses.

Public Sector Banks (PSBs) are well equipped to support credit needs of their customers following the recent Rs.55,000 crore recapitalization.

India and China have increased strategic communications and brought about an increased stability as well as fresh momentum in bilateral relations.

The Asian Development Bank and the Indian Government has signed a US$190 million loan to upgrade 754 km of state highways and major district roads (MDRs) to two-lane or intermediate-lane standards that will benefit about 26 million people in 14...

The Indian Shared Mobility Market comprises more than 2 million vehicles and is expected to grow at a CAGR of 9.7% until 2025, said the ResearchAndMarkets on 8 Oct 2019.

Commercial REITs may raise over US$25 billion for Indian real estate over the next three years, listing of more than 150 mn sq. ft. of rent-yielding Grade A office properties across the top 7 cities - covering 25-30% of the...

Adani Green Energy Ltd Restricted Group 2 (AGEL RG2) will maintain stable cash flow with billing in line with P90 generation estimates over the next 12-24 months, said S&P Global Ratings.

A number of oil and gas, cement and steel assets are on the government’s radar for divestment, creating opportunities for international companies looking to invest in emerging markets, according to UK-based Freshfields Bruckhaus Deringer LLP, a global consultant group.

The troubles at a large Indian cooperative bank highlight the governance deficit in the country's financial sector, believes S&P Global Ratings.

FICCI is hopeful that the latest repo rate cut by RBI will revive demand especially during the festive season in October 2019.