Financial Insights That Matter Times of IndiaBajaj Finance profit rises 18% to 4,308crIndia Business News: Mumbai: Bajaj Finance reported a consolidated net profit of Rs 4308 crore for the Dec quarter, an 18% rise from Rs 3639….11 hours ago Boost Your Financial Knowledge and Achieve Stability Discover a growing online community dedicated to delivering financial […]
RBI files application for insolvency proceedings against Aviom India Housing Finance #IndiaFinance
Financial Insights That Matter MUMBAI: The Reserve Bank of India (RBI) has initiated insolvency proceedings against fraud-hit Aviom India Housing Finance, appointing a three-member advisory committee to assist former Punjab National Bank chief general manager Ram Kumar who was named as the administrator to the company on Monday. Former State Bank of India chief general […]
India’s Narendra Modi faces tough budget challenge as economy slows #IndiaFinance
Financial Insights That Matter Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. India’s government is under pressure to turn around a slowing economy but with little room to manoeuvre as it prepares to present one of the most consequential budgets since Prime Minister Narendra […]
Rupee Slump Takes Toll on Some of India’s Biggest Companies #IndiaFinance
Financial Insights That Matter (Bloomberg) — Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Most Read from Bloomberg After two years of calm, the rupee’s sudden slide is starting to strain Indian corporate earnings, sparking a rush among some companies to hedge […]
India’s finance minister faces a tough choice — boost growth or cut deficit #IndiaFinance
Financial Insights That Matter Nirmala Sitharaman, India’s finance minister, leaves the ministry to present the budget at the parliament in New Delhi, India, on July 23, 2024. Bloomberg | Bloomberg | Getty Images As the Indian government walks a tight rope between fiscal prudence and reviving growth, experts suggest it will likely favor cutting deficit […]
PSBs to finance ₹10 trillion for green energy projects by 2030 #IndiaFinance
Financial Insights That Matter New Delhi: Public sector banks (PSB) are likely to finance about ₹10 trillion to renewable energy projects in the country by 2030 to help India achieve its energy transition goals. Speaking at the India Energy Transition Summit (IETS) organized by FICCI, M. Nagaraju, secretary to the department of financial services, also […]
De Beers sees India as a bright spot, notes early recovery signs in US #IndiaFinance
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 29, 2025 By Neha Arora NEW DELHI (Reuters) – India has been emerging as a bright spot for the cut and polished diamonds amidst a slowdown in key markets such as the U.S. and China, Amit Pratihari, managing director, De Beers […]
JPMorgan Names India Investment Bank Leaders as Wadhwani Leaves #IndiaFinance
Financial Insights That Matter (Bloomberg) — Sign up for the India Edition newsletter by Menaka Doshi – an insider’s guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Most Read from Bloomberg JPMorgan Chase & Co. has promoted two of its most senior dealmakers as co-heads of investment […]
Aditya Birla Housing Finance Secures Rs 830 Crore Funding from International Finance Corporation (IFC) #IndiaFinance
Financial Insights That Matter Newsvoir Mumbai (Maharashtra) [India]January 29: Aditya Birla Housing Finance Limited (“ABHFL”), a wholly owned subsidiary of Aditya Birla Capital, India’s leading, diversified financial services company, announced that it has secured an investment of Rs 830 Crore through Non-Convertible Debentures (NCDs), from the International Finance Corporation (IFC). The funds raised through IFC’s […]
India’s Modi may tackle economic slowdown, impending trade turmoil in annual budget #IndiaFinance
Financial Insights That Matter By shivangi Acharya NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi may seek to shore up faltering economic growth, placate a middle class squeezed by high prices and low wage growth, and prepare for an uncertain year of global trade in the nation’s budget this week. Finance Minister Nirmala Sitharaman […]