Investment

$50m from Series B and Sridhar to strengthen growth roadmap Noida-headquartered Credgenics, having achieved US$50 million Series B funding round led by Westbridge Capital and Accel, Credgenics is moving ahead on its growth agenda in the BFSI sector. The leading...

User-focused services will empower Indian investors and traders, says Gupta Bhopal’s rebranded “Rupeezy” is a decisive step towards redefining and expanding the scope of financial services in India, aligning with the dynamic needs of investors and traders. “This rebranding is...

Series of reforms being implemented to make coal sector more investor-friendly The Ministry of Coal has introduced provisions for financing coal mines and flexible auction terms to encourage wider participation by Banks and Financial Institutions. These are being undertaken as...

AIIB has lent $10bn to India to date, says Misra The Asian Infrastructure Investment Bank (AIIB) says India has emerged as its biggest lending market with large scale of infrastructure being undertaken across the country. “Lending to India will continue...

India-Saudi Arabia recorded $52.75bn bilateral trade in 2022-23 Commerce and Industry Minister Piyush Goyal has highlighted multiple opportunities in India during the Business Round Table organized at the Federation of Saudi Chambers. He also pointed out the all-time high trade...

Sen observes substantial change in banking expectations of customers IndusInd Bank has a strategic collaboration with Viamericas Corporation of Florida to offer digital inward remittance services to Non-Resident Indians (NRIs) in the USA through IndusInd Bank 'Indus Fast Remit', a...

International banks support Adani’s Ambuja-ACC acquisition debt   Ahmedabad-headquartered Adani Cement, through Endeavour Trade and Investment Ltd, has completed refinancing program for acquisition debt taken for Ambuja and ACC, through a US$3.5 billion financing package, raised from a clutch of...

CFO focused on relentless execution of investments to create value Planned investments by Tata Communications in the organic and inorganic opportunities are in line with the company’s ‘Fit to Grow’ Strategy, says Chief Financial Officer Kabir Ahmed Shakir. “Our focus...

Haldea wants AIBI to elevate investor confidence along with market sentiments The Association of Investment Bankers of India (AIBI) is identifying desired practices and processes that are crucial in expediting the capital formation in the country. Similarly, the IPO process,...

Roy focuses on mid-market corporate financing sector in India Singapore-linked RV Capital India Advisory Pvt Ltd has launched India operations and completed its first close on its maiden India Credit fund – 'RV Capital India Credit Plus Fund', with a...