CashNews.co By Arsheeya Bajwa NOIDA (Reuters) -NXP Semiconductors will invest over $1 billion in India, doubling its research and development efforts, the Dutch company’s CEO said on Wednesday, joining global names betting on a country looking to establish its presence in the industry. “NXP is committed to double its R&D efforts here in the country […]
CashNews.co Bajaj Housing Finance Limited launched its initial public offering (IPO) on September 9, aiming to raise ₹6,560 crore. The issue, which will close on September 11, has set a price band between ₹66-70. The company has already secured ₹1,758 crore from anchor investors and has reserved specific portions for various investor categories, including a […]
CashNews.co The green transition has become crucial for global economies, with governments, regulators, and the private sector implementing strategies to reduce emissions and foster green opportunities. However, the financing landscape is skewed toward mitigation sectors like renewable energy and transport, leaving hard-to-abate sectors underfunded despite their substantial carbon-removal potential. These sectors, including steel, cement, and […]
CashNews.co At 11 Sep 11:17 today, Indian Railway Finance Corporation shares are trading at price ₹168.15, -0.97% down from the previous closing price. Sensex is trading at ₹82022.86, up by 0.12%. The stock has hit a high of ₹170.65 and a low of ₹168 during the day. On the technical front, the stock is trading […]
CashNews.co Top events of the day: Prime Minister Narendra Modi will officially launch SEMICON India 2024, a key event aimed at bolstering the nation’s semiconductor ambitions. Additionally, several high-profile initial public offerings (IPOs) are closing or opening today, including Bajaj Housing Finance, Innomet Advanced Materials, and Excellent Wires and Packaging PM Modi to launch SEMICON […]
CashNews.co Global money laundering and terrorist financing watchdog Financial Action Task Force (FATF) is working towards new norms for higher disclosures by financial institutions, payment aggregators, fintech companies for cross-border payments, involving mainly credit card transactions. An international consultative forum through the FATF platform with participants from the Indian industry, the private sector and regulators […]
CashNews.co India made a decisive statement at the third meeting of the ad hoc work programme on the new climate finance goal, emphasizing that there should be “no digressions” from the commitment to provide finance to developing countries. The Indian spokesperson stressed that the new collective quantified goal (NCQG) should not be considered an investment […]
CashNews.co 4 min read Last Updated : Sep 10 2024 | 9:05 PM IS India is pushing for greater disclosures by credit card companies, fintech firms, and payment aggregators (PAs) at the Financial Action Task Force (FATF) so that the sender and recipient in a cross-border financial transaction can be easily identified and shared […]
CashNews.co Panagariya is on a visit to Telangana along with the other members of the Commission as part of the panel’s state visits. | Photo: Finance Commission of India 3 min read Last Updated : Sep 10 2024 | 8:03 PM IS The 16th Finance Commission is open to listening to the views of […]
CashNews.co India’s next round of mutual evaluation by the FATF is likely to be undertaken in 2031. File image. | Photo Credit: AP The Financial Action Task Force (FATF) is expected to release its report on India’s mutual evaluation, which was adopted at its June 2024 plenary in Singapore, on September 19. India now has […]