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Infinity Fincorp Solutions Secures USD 8 Mn Funding To Boost Credit Accessibility For MSMEs

Mumbai, May 2 -- Mumbai-based non-banking financial company (NBFC) Infinity Fincorp Solutions has raised an additional USD 8 million in funding from Archerman Capital. The NBFC plans to utilise the f... Read More


Anthill Ventures To Raise $100M Hybrid Fund For India's Consumer-Focused Startups

New Delhi, May 2 -- Anthill Ventures, a prominent venture capital firm, is preparing to unveil a USD 100 million hybrid fund targeting startups in India, a move that comes amid a surge of investor int... Read More


Govt Mulls Delaying Cross-Border Insolvency Plans Over Enforcement Concerns

New Delhi, May 1 -- The government is reconsidering its plans to implement a cross-border insolvency regime in India due to potential challenges around enforcement, according to multiple official sour... Read More


IMF Highlights Public Investment As Key Driver For India's Economic Growth

New Delhi, May 1 -- In its latest Regional Economic Outlook for Asia and Pacific, the International Monetary Fund (IMF) has emphasised the crucial role played by public investment in driving India's e... Read More


RBI Directs Lenders To Rectify Unfair Interest Charging Practices

New Delhi, May 1 -- The Reserve Bank of India (RBI) has instructed regulated lending entities to review and rectify certain practices regarding the charging of interest rates that have been deemed unf... Read More


Multi-Sector NPA Concerns Mount For Central Bank Of India Including MSMEs In Q4 FY24

New Delhi, May 1 -- In a concerning development, Central Bank of India, a prominent public sector lender, has reported fresh slippages from various sectors, including Micro, Small, and Medium Enterpri... Read More


DPIIT To Issue Quality Control Order For Electric Fence Energisers

New Delhi, April 30 -- Department for Promotion of Industry and Internal Trade (DPIIT) has started the process of issuing quality standards for Electric Fence Energizer. The Department has initiated c... Read More


CHARGE ZONE Raises $19 Million From BII To Set-up 1500 Charging Stations In 18 Months

New Delhi, April 30 -- In a major boost for India's electric mobility ambitions, CHARGE ZONE, a pioneering EV charging network company, has secured a commitment of USD 19 million from British Internat... Read More


PLI Drives Telecom Equipment Production To Rs 45,000 Crore

New Delhi, April 30 -- Driven by the government's Production Linked Incentive (PLI) scheme, India's domestic telecom equipment production surpassed the Rs 45,000 crore milestone in the fiscal year 202... Read More


India's Services Exports Poised To Surge To USD 800 Bn By 2030: Goldman Sachs

New Delhi, April 30 -- According to a report titled 'India's rise as the emerging services factory of the world' by Goldman Sachs, India's services exports are projected to soar from USD 340 billion i... Read More