Investment

Banks were more sanguine about asset quality prospects in FICCI-IBA survey Credit growth continued to rise, signalling robust demand conditions in the Indian economy, as well as banks’ improved appetite towards retail borrowers, says an industry report based on survey...

NCDs for existing and prospective customers across the country, says Verghese Muthoot FinCorp Limited, the flagship company of the 136-year-old Muthoot Pappachan Group (Muthoot Blue) has announced the XVI Tranche II series of secured, redeemable, non-convertible debentures (NCDs) to raise...

Sitharaman wants to see increase in World Bank capacity Finance Minister Nirmala Sitharaman says enabling private capital mobilisation at scale will require an enhanced ‘One World Bank’ approach. “But at the same time, we must be realistic in our assessment...

Buoyancy seen in rural demand in the recent period, says business outlook A majority of the respondents, 66%, to the CII Business Confidence Index feel that the Indian economy will grow in the range of 6.0%-7.0% per cent in FY24,...

Twenty-four Italian companies meet Rajnath Singh in Rome Defence Minister Rajnath Singh has shared with Italian industries the eased FDI norms in defence sector and the opportunities being created at the two Defence Industrial Corridors as India consistently work to...

Minister Singh attends MENA Climate Week in Riyadh Invest India has briefed Saudi Arabian business houses on investment opportunities in areas like RE Generation projects, Energy Storage, Electricity Transmission and Green Hydrogen. The briefing was held during Power & NRE...

Mobile app launched for details on 54EC Bonds REC Limited has launched a mobile application exclusively for current and future investors in REC’s 54EC Capital Gain Tax Exemption Bonds. Named ‘SUGAM REC’, the mobile app will offer investors with complete...

Goyal highlights India-UAE economic growth Minister of Commerce & Industry Piyush Goyal discussed investment plans with CEOs of leading UAE companies Emaar, Sharaf and DP World in Dubai on 6 Oct 2023. He assured them of the Indian Government commitment...

Bangalore EV company is set to onboard top-tier professionals Bolt.Earth, India's leading EV infrastructure and software company from Bangalore, has secured US$20 million from funding round spearheaded by a consortium of both longstanding and new investors, featuring notable names including...

Businesses require multi-channel customer engagement solutions, says Madhusudhan Tata Communications, a global digital ecosystem enabler, today announces completion of the acquisition of Kaleyra, Inc. (NYSE: KLR), having paid an aggregate consideration of approximately US$100 million in cash and assumed all...