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2 mins read
Promoters to infuse Rs 1,100 crore in Reliance Infra
The board of the company had on Thursday approved Rs 6,000 crore fund raise plan, of which Rs 3,014…
PTI
2 mins read
Anil Ambani's Reliance Group starts transformation journey, achieves near zero-debt
Reliance Infra announced a significant reduction in standalone external debt, lowering it from Rs 3…
PTI
2 mins read
Adani Enterprises' NCDs to offer around 9.99% returns, higher than FDs, says Adani CFO
Group CFO Jugeshinder Robbie Singh announced on Thursday that the non-convertible debentures (NCDs)…
ANI
2 mins read
August has been a watershed month for mutual funds with cumulative inflows crossing ₹20,000 cr
August has been a watershed month for the mutual fund industry with total assets of the industry to…
2 mins read
Embedded consumer lending platform Niro raises ₹90 crore in Series A funding round
Bangalore-based Niro has completed its Series A funding round, raising $11m to expand its platform,…
2 mins read
Government approves equity infusion of ₹6,000 crore in NIIF debt platform over two years
The Central government will infuse equity of ₹ 6,000 crore into the National Investment and Infrast…
4 mins read
Tax hit on debt funds is just the latest punch to reeling mutual fund companies
The latest hurdle that shook the mutual fund companies was an amendment in the Finance Bill that pr…
3 mins read
This startup has a solution for other startups suffering from funding slowdown
StrideOne, which recently raised ₹250 crore as both equity from Elevar Equity and debt from banks, …
3 mins read
Pipe Dream: Should you invest in these infra stocks that have delivered 50% returns?
India’s infrastructure spending and construction are on a full swing. And, as a proxy play, the com…
8 mins read
ETFs performed better than actively-managed equity mutual funds in FY23
Amid high volatility in the equity markets, exchange-traded funds or ETFs fared better than activel…
1 min read
SME financing platform OfBusiness raises $110 million from Falcon Edge Capital – valuation hits $800 million
Business-to-business platform OfBusiness has raised $110 million from Falcon Edge Capital. The roun…
2 mins read
E-commerce platform for construction material Infra.Market raises $125 million from Tiger Global investment
Construction material e-commerce platform Infra.Market has raised $125 million in a Series D round …
4 mins read
RBI tightens norms for Chinese lending apps
Chinese digital loan apps were utilising the loophole in the regulatory guidelines to dupe Indian c…
2 mins read
After JP Morgan, Indian bonds set to enter other global bond indices; capital raising for infra push to get a boost
The inclusion of select Indian government securities into JP Morgan’s emerging market indices is a…
3 mins read
Tiger Global is now an investor in three of the five B2B ecommerce unicorns in India
OfBusiness, which allows businesses to purchase bulk orders from sellers online, has doubled its va…
3 mins read
Budget 2023-24: Continued focus on infra to enable growth, create jobs & enhance quality of life
The Indian government has announced multiple initiatives in the budget for the development of infra…
2 mins read
Govt proposes guarantee on debt to tide over liquidity challenge in NBFC, HFC sector
New Delhi, Feb 1 () The government has proposed to provide credit guarantee for the NBFC sector tha…
PTI
3 mins read
As India’s shadow banks brace for a tough 2019, the central bank and government will try and prevent a repeat of the IL&FS crisis by solving the data problem
One of the big stories emanating from the Indian banking sector last year was the repeated defaul…
1 min read
IPO-bound CarDekho to infuse $100 million in its fintech arm, Rupyy
Rupyy crossed Rs 500 crore of monthly disbursal volume of car loans in September. The brand plan…
3 mins read
NBFC players say budget offers some hope, finally
Mumbai, Feb 1 () The non-banking finance sector, which has been down in the dumps since September 2…