Investment

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...

PM and Pichai discussed Google's participation in India’s electronics manufacturing ecosystem Prime Minister Narendra Modi has welcomed Google’s plans to open its global fintech operations center at the Gujarat International Finance Tec-City (GIFT) in Gandhinagar. The Prime Minister also appreciated...

Stakeholders consulted to provide the industry necessary reform measures, says Ministry The Indian Government has taken a significant step towards strengthening aviation safety and Ease of Doing Business in aviation sector by amending Aircraft Rules (1937). These reforms will enhance...

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,...