CashNews.co Micro, Medium and Small enterprises (MSMEs) figured prominently in the Finance Minister of India’s 2024 budget speech, with more than 20 mentions. Clearly, skills, jobs and energy efficiency in the MSME sector are a priority of the new government’s first budget. The MSME sector represents close to 38% of India’s total manufacturing output, more […]
CashNews.co Finance MagnatesRevolut Secures Prepaid Card Authorization in India, Plans 2025 App LaunchRevolut is preparing to enter the Indian market next year. The company aims to target high-end consumers in India as part of its expansion….2 hours ago Read More #cashnews #India #finance
CashNews.co You’re reading Entrepreneur India, an international franchise of Entrepreneur Media. Venture capital firm Nexus Venture Partners has divested a significant portion of its stake in India Shelter Finance Corporation (ISFC), marking a notable shift in its investment strategy. On Monday, Nexus offloaded 5.97% of its holding in the Gurugram-based housing finance company for INR […]
CashNews.co Bajaj Housing Finance Ltd., the country’s most valuable mortgage lender following its blockbuster trading debut Monday, sees competition in the housing market easing as larger banks retreat from retail segments and switch focus to corporate credit, where demand is picking up. Sanjiv Bajaj, chairman of the home-loan unit of India’s largest shadow lender and […]
CashNews.co The Financial Supervisory Service hosted an investment forum to guide Korean firms through India’s financial regulations India’s finance ministry, central bank and stock market operator outlined the country’s regulatory and investment environment for South Korean financial services companies at a recent investment forum in Seoul. The event aimed to facilitate their foray into the world’s fifth-largest economy. South Korea’s regulatory Financial Supervisory Service (FSS) and Korea Finance Association jointly […]
CashNews.co MUMBAI: Bajaj Housing Financewhich had a record-breaking IPO last week, more than doubled investors’ money on listing on Monday. The stock of the second biggest mortgage company in India by assets debuted at Rs 150 on the BSE – a premium of 114% over its IPO price. The stock closed at the day’s high […]
CashNews.co The Asian Development Bank (ADB) has advised Pakistan to adopt India’s scheme ULLAS to fix its dysfunctional education system and impart quality training to its citizens, according to a media report. The Understanding of Lifelong Learning for All in Society (ULLAS) was launched by the Government of India in July 2023 to help non-literates […]
CashNews.co 2 min read Last Updated : Sep 16 2024 | 6:20 PM IS HSBC India on Monday launched global education payments to enable Indian students and the bank’s customers to pay fees directly to more than 600 international universities and colleges. Aiming to simplify the process of foreign currency payment, it provides […]
CashNews.co Goldman Sachs bought over 7.4 lakh shares in India Shelter Finance Corporation on Monday via block deal at a cost of approximately Rs 56 crore. The American multinational investment bank and financial services company bought shares for Rs 752.35 a piece which was a discount of 5% over the Friday closing price of Rs […]
CashNews.co A man walks past a Bajaj motorcycle dealer shop, in Mumbai, India, 23 October, 2023. Niharika Kulkarni | Nurphoto | Getty Images Shares of India’s Bajaj Housing Finance more than doubled Monday on their market debut, reflecting strong demand from investors looking to play the country’s growing real estate sector. The company’s shares, which […]