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Finance Minister Sitharaman proposes India-Mexico partnership through nation’s startup ecosystem #IndiaFinance
CashNews.co She also shared India’s continued focus on infrastructure-related spending as well as on Ease Of Doing Business by removal of around 1,500 archaic laws and around 6,000 compliance regulations across sectors, the finance ministry said. Last Updated : 19 October 2024, 07:36 IS Read More #cashnews #India #finance
India’s Finance Minister Takes Tech Diplomacy Global: Major Moves in Mexico’s IT Hub! – Industry News #IndiaFinance
CashNews.co Finance Minister of India, Nirmala Sitharaman, kicked off her official visit to Mexico in the vibrant city of Guadalajara, a renowned IT hub in Latin America. Her choice of Guadalajara as her starting point underscores India’s commitment to fostering strong technological partnerships with Mexico and strengthening the region’s high-tech ecosystem. During her visit, she […]
Campus notes: Finance Fest at GNDU #IndiaFinance
CashNews.co The Dinero Finance Club of University Business School of Guru Nanak Dev University (GNDU) organised FINANZA-2024, an inter-department Finance Fest in association with Career Launcher and Black Swan Stock Market Academy. Dr Pavleen Soni, Head of the UBS Department, informed that the event was hosted in line with the World Investor Week celebrations. FINANZA-2024 […]
The BlackRock and Jio Financial Services mutual fund joint venture: All you need to know #IndiaFinance
CashNews.co The Securities and Exchange Board of India (SEBI) has provided in-principle approval for Jio Financial Services and BlackRock Financial Management Inc to act as co-sponsors for a new mutual fund. This approval, communicated through a letter dated October 3, was disclosed in a recent stock exchange filing by the company. In conjunction with this […]
India’s central bank lifts restrictions on JM Financial’s non-banking unit #IndiaFinance
CashNews.co (Reuters) – JM Financial said on Friday that the Reserve Bank of India has lifted the ban on one of its units, allowing it to resume financing activities related to shares and debentures, including providing loans for IPO subscriptions. In March, the central bank barred JM Financial Products from giving out loans against shares […]
Jio Finance says it would tie up with Blackrock Inc to enter India’s asset management segment #IndiaFinance
CashNews.co Jio Finance announced in an exchange filing on Friday about its partnership with Blackrock Inc, the world’s largest asset manager, to venture into India’s asset management industry. The collaboration includes submitting an application to SEBI on October 19, 2023, to be co-sponsors for a mutual fund. After receiving in-principle approval from SEBI on October […]
Capital India Finance Stock Sees Decline, Underperforms Sector by -7.88% #IndiaFinance
CashNews.co Capital India Finance, a smallcap finance company, has experienced a -7.65% decline in its stock price on October 18, 2024. This has been reflected in the stock call given by MarketsMojo, which is ‘Sell’. The stock has also underperformed the sector by -7.88% and has been on a consecutive fall for the last 2 […]
Moody’s assigns first-time Baa3 ratings to Bajaj Finance #IndiaFinance
CashNews.co Global rating agency Moody’s has assigned a first-time Baa3 rating indicating investment grade to Bajaj Finance Ltd (BFL) with stable outlook. The company’s ratings consider its strong and entrenched franchise as the largest retail oriented NBFC in India with a sizable customer base and distribution network; its diversified loan book, which supports its high […]
India’s Growth Rate Among Shiniest Parts In The World Economy, Says Ajay Banga #IndiaFinance
CashNews.co India’s growth rate is among the shiniest parts in the world economy, World Bank president Ajay Banga said on Thursday, noting that a lot of this is driven by the domestic market. “There is no doubt that India’s growth rate is among the shiniest parts in the world economy. I think being able to […]