CashNews.co MUMBAI (Reuters) -India’s markets regulator on Monday approved a new asset class, allowing investors to take higher risks through a regulated product. The Securities and Exchange Board of India (SEBI) said in a press statement that asset management companies can now offer riskier strategies, like long-short equity, to high-risk investors with a minimum investment […]
CashNews.co Uttar Pradesh News: A Bajaj Finance employee has died by suicide citing work pressure by seniors. A 42-year-old Tarun Saxena was found dead on Monday morning by his house help. Saxena was residing in Jhansi and worked as an area manager with Bajaj Finance. Saxena, in his suicide note to wife Megha has mentioned […]
CashNews.co The base size of the issue was Rs 1,000 crore, with a greenshoe option of Rs 4,000 crore. | Representative Picture 2 min read Last Updated : Sep 30 2024 | 5:24 PM IS REC witnessed strong demand for a rarely-used type of corporate bond, as investors flocked to the state-run firm’s issuance […]
CashNews.co Moneyboxx Finance Limited, a NBFC, has expanded its branch network to 141 locations by entering South India, the company announced today. In September 2024, Moneyboxx opened 28 new branches, including 18 in Andhra Pradesh, Karnataka, Tamil Nadu, and Telangana. The shares of Moneyboxx Finance Limited were trading at ₹269.00 down by ₹2.95 or 1.08 […]
CashNews.co India’s current account deficit widened marginally in the April–June 2024 quarter, led by a rise in the merchandise trade deficit. It widened marginally to $9.7 billion (1.1% of GDP) in the first quarter of the financial year 2024–25 from $8.9 billion (1% of GDP) in Q1 FY24 and against a surplus of $4.6 billion […]
CashNews.co Fortune IndiaNarendra Modi is the Deng Xiaoping of India: Ray DalioThe founder of the globe’s biggest hedge fund, Bridgewater Associates with assets of over $124 billion, explains that India has the….3 hours ago Read More #cashnews #India #finance
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bank of America has placed two bankers in India on administrative leave as part of an investigation into allegations of wrongdoing in the US financial giant’s Asian investment bank, according to two sources familiar […]
CashNews.co REC Limited, a state-owned infrastructure finance company, has raised $500 million through 5-year green bonds as part of its $10 billion Global Medium-Term Program. The funds will be used to finance eligible green projects per REC’s Green Finance Framework, the Green Bond principles of the Climate Bonds Initiative, London, and RBI’s ECB Guidelines, with a […]
CashNews.co Fortune IndiaRCEP not an option, still harmful for IndiaIndia escaped this disaster by taking a prudent decision at the right time..1 hour ago Read More #cashnews #India #finance
CashNews.co Money, Loan, Economy, Capital (Photo: Shutterstock) 3 min read Last Updated : Sep 30 2024 | 9:20 AM IS Sixty five per cent of self-employed women in Indian metros have not taken a business loan, with 39% relying on personal savings to fund their enterprises, revealed a joint survey by DBS Bank India and […]