CashNews.co What’s going on here? India Infrastructure Finance Co (IIFCL) is planning a hefty expansion, aiming to raise ₹30 billion ($356.7 million) through a bond issuance for three- and ten-year terms, with investor bids opening November 5. What does this mean? IIFCL’s issuance of AAA-rated bonds underscores a strategic push to boost capital for infrastructure […]
CashNews.co Shri Anjeev Kumar Jain, Director (Finance), NBCC Shri Anjeev Kumar Jain assumed the charge of Director (Finance) of NBCC (India) Ltd., a distinguished Navratna CPSE w.e.f. from November 1, 2024. Prior to his appointment as Director (Finance) by Govt. of India, Shri Jain served as Executive Director (Finance) at RITES Ltd., a Navratna CPSE, […]
CashNews.co The corporate earnings scorecard for the September has been weak but, excluding commodities, it is broadly in-line, MOFSL said in its interim earnings review note. The domestic brokerage said that the NSE Nifty has seen an earnings per share (EPS) downgrade of 1.2 per cent for FY25 and 1 per cent for FY26 so […]
CashNews.co The protection and restoration of nature is facing a resource gap of at least $700 billion per year. Low and middle income countries argue biodiversity finance should have its own dedicated fund, while high income countries prefer to maintain the fund within the Global Environment Facility, which serves several conventions. Apart from the […]
CashNews.co This week’s environment and conservation news stories rolled into one. Subscribe to our YouTube channel to watch the latest high quality, original video stories from nature’s frontline in India. To receive a weekly email roundup of stories, please sign-up for our newsletter. Climate finance to take centre stage at upcoming climate COP […]
CashNews.co Running a business comes with unique financial challenges, whether you’re just starting out or already scaling. Many entrepreneurs face barriers accessing the financial tools they need from traditional banks, including slow processes, poor or unestablished credit, or the lack of tailored products for online businesses. In fact, more than one-quarter of small businesses do […]
CashNews.co (Bloomberg) — Shares of a little-known investment and financial services firm in India soared 70,000-fold this week in one of the biggest moves globally, thanks to a rule tweak by the securities regulator. Most Read from Bloomberg Elcid Investments Ltd.’s thinly-traded shares jumped to 161,023 rupees ($1,915) Monday from 3.53 rupees Friday, dwarfing rallies […]
CashNews.co Cesar Luena, Member of the European Parliament, Chair of the delegation COP16 of the EP Committee on Environment, Public Health and Food Safety. | Photo Credit: Reuters India expects to spend around ₹81,664 crore from 2025-30 (FY) on biodiversity and conservation. From 2018-22 (FY), India spent ₹32,207 crore and to meet the higher financing […]
CashNews.co New Delhi, Nov 1 (PTI) Global investment in combating and adapting to climate change reached nearly USD 1.5 trillion, doubling between 2018 and 2022, but it must increase at least fivefold by 2030 to limit warming to 1.5 degrees Celsius, according to a new study. The “Global Landscape of Climate Finance 2024: Insights for […]
CashNews.co At COP29, leaders will negotiate the target of financial contributions to support developing countries to tackle climate change. Developing countries seek predictable and adequate funding to address their climate needs, while developed countries advocate for broadening the pool of financial contributors. Trust issues persist due to unmet commitments, such as developed countries’ failure […]