CashNews.co How supply chain finance fuels growth India’s vast population, characterized by its rich diversity of cultural backgrounds and dietary preferences, fuels a substantial demand for food products, making the food processing market highly lucrative. This demand is further intensified by population growth, rapid urbanization, and rising disposable incomes, all of which have contributed to […]
CashNews.co BENGALURU (Reuters) – Indian non-banking lender Shriram Finance plans to raise up to $1.5 billion from the overseas market in the current fiscal year in a bid to diversify its borrowings, its chief executive told Reuters on Tuesday. (Reporting by Nishit Navin; Editing by Sonia Cheema) Read More #cashnews #India #finance
CashNews.co Piramal Finance, a subsidiary of Piramal Enterprises Limited, has entered into an agreement with the Central Bank of India to expand co-lending operations. In a bid to support and reach underserved markets, Piramal Finance teamed up with the Central Bank of India, with the two organisations planning to centre their efforts on offering loans […]
CashNews.co Five Indian power companies that supply electricity to Bangladesh are owed more than $1 billion 2 min read Last Updated : Aug 27 2024 | 9:48 AM IS Five Indian power companies that supply electricity to Bangladesh are owed more than $1 billion, according to a report by The Economic Times. Of this, […]
CashNews.co Photo by Alexander Grey via Unsplash. DMI Finance has provided loans to 15.2 million customers in India as of March 2024. MUFG Bank has invested over INR27.98b (JPY49b or US$338.5m) to DMI Finance Private, a digital financial services business in India, the bank announced on 22 August 2024. The Japanese megabank had earlier invested […]
CashNews.co PRNewswire Bengaluru (Karnataka) [India]August 26: Tookitaki, a global leader in anti-financial crime technology, is set to revolutionise the Indian financial sector by introducing its groundbreaking FinCense platform. Designed for both fintech and traditional banks, FinCense stands out as one of the most intelligent financial crime prevention platforms, offering Indian financial institutions a powerful tool […]
CashNews.co By Nikunj Ohri NEW DELHI (Reuters) – India is likely to retract its demand that Infosys pay $4 billion in back taxes after weeks of lobbying by the IT giant and an onslaught of criticism from the software services industry, said two government sources with direct knowledge of the plan. Authorities last month ordered […]
CashNews.co DWS asset managementAPAC CIO ViewFrom the Third Plenum in China to the first budget speech under the third term of the Modi government in India, it seems both nations are….3 days ago Read More #cashnews #India #finance
CashNews.co Bajaj Housing Finance IPO: Bajaj Housing Finance, a non-deposit taking housing financier and the wholly owned housing finance subsidiary of Bajaj Finance, is expected to make its debut on the D-Street in early September, as per information from market sources reported by livemint. Investors are eagerly anticipating details about the price band and bidding […]
CashNews.co Meanwhile, peers Brazilian real, Thai baht, Indonesian rupiah and Malaysian ringgit have climbed about 5% Image: Bloomberg 2 min read Last Updated : Aug 26 2024 | 3:02 PM IS An expected U.S. interest rate cut next month is unlikely to help the overvalued Indian rupee, even as its emerging market peers gain, […]