CashNews.co The global economic environment may present challenges but India is well positioned to capitalise on new growth opportunities, Finance Minister Nirmala Sitharaman has said, underlining that as nations re-evaluate their supply chains, India hopes to become a key partner for many countries seeking to diversify their sources of goods and services. Ms. Sitharaman made […]
Finance Minister highlights India’s process, governance reforms for more investor-friendly engagements #IndiaFinance
CashNews.co New York: Union Finance Minister Nirmala Sitharaman has said that India has undertaken a host of process and governance reforms over the last 10 years for more investor-friendly engagement. While addressing the Roundtable on Investment Opportunities in India’ at the New York Stock Exchange on Monday, Sitharaman termed improving the ease of doing business […]
Finance Minister Sitharaman courts US investors with promises of high growth and long-term returns in India #IndiaFinance
CashNews.co New Delhi: Finance minister Nirmala Sitharaman on Monday said India is poised to sustain its high growth trajectory and boost its contribution to global growth, as she called on a large group of American pension funds and institutional investors to take advantage of the country’s enormous opportunities. She addressed a roundtable on ‘Investment Opportunities […]
Stocks to Watch: Bajaj Housing Finance, Ola Electric Mobility, Cyient DLM, Union Bank of India, and more #IndiaFinance
CashNews.co Here’s a quick look at stocks likely to be in focus in today’s trade. Bajaj Housing Finance: It reported a 21% year-on-year (YoY) increase in net profit, reaching ₹545.6 crore for the second quarter ending September 30, 2024. This is a rise from the ₹451.1 crore net profit posted in the same quarter last […]
Stocks To Watch: Bajaj Housing Finance, Cyient DLM, Jana Small Finance Bank, Union Bank of India, Eicher Motors, Mahindra Logistics, Hyundai Motor India – Market News #IndiaFinance
CashNews.co GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Tuesday. Here’s a look at the key stocks to watch in trade. GIFT Nifty ended 26.50 points or 0.11% up at 24,806.50 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex […]
India’s start-ups look to villages to drive next leg of growth #IndiaFinance
CashNews.co The tiny villages of Haryana state in India’s rural north-west find themselves in an unlikely spotlight these days. Farmers’ homes in hamlets around the industrial town of Rohtak are suddenly in demand, doubling up as movie sets. Alongside the mooing of cows, it isn’t unusual to hear a director shouting “lights, camera, action” here. […]
Home First Finance Company India Downgraded to ‘Hold’ by MarketsMOJO #IndiaFinance
CashNews.co Home First Finance Company India, a midcap finance company specializing in housing loans, has been downgraded to a ‘Hold’ by MarketsMojo due to its expensive valuation and underperformance in the market. Despite its strong long-term fundamental strength, investors should carefully consider these factors before making any investment decisions. Get Detailed Stock Report Home First […]
How treasury technology helps navigate today’s financial landscape | EY #IndiaFinance
CashNews.co In this advanced framework, TMS will act as the central hub, where banks provide real-time statements and payment information, and legal entities contribute forecasts and treasury inputs. It seamlessly integrates with market data and dealing platforms for processing treasury transactions. This setup enables real-time data access for informed strategic decisions and allows other organizational […]
Manappuram Finance shares drop 5% today, 24% in 8 days: What’s behind fall? #IndiaFinance
CashNews.co Shares of Manappuram Finance Ltd continued to slide on Monday, dropping 5% during the day’s trading session. The stock hit a low of Rs 145.50, marking a decline of nearly 24% over the past eight trading days. The downward trend has raised concerns among investors, prompting questions about what is driving the sharp drop. […]
India’s Navi Finserv withdraws bond sale days after RBI action #IndiaFinance
CashNews.co By Dharamraj Dhutia MUMBAI (Reuters) -India’s Navi Finserv has withdrawn a planned bond sale scheduled for bidding on Monday, the firm said, days after the country’s financial regulator barred the non-bank finance company (NBFC) from issuing new loans. The company was scheduled to raise 1 billion rupees (nearly $12 million) through two-year and three-month […]