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InCred Finance to acquire gold loans biz of TruCap Finance via slump sale

AIMPWAFebruary 26, 2025

InCred Finance on Wednesday said it will foray into gold loans through the proposed acquisition, via slump sale, of the gold loans business of TruCap Finance Ltd. InCred Finance is a systemically important non-deposit taking NBFC registered with the RBI.TruCap is a listed, non-deposit-taking NBFC registered with the RBI. “This proposed acquisition will bring with...

Tata Capital IPO & 1,504 Cr Rights Issue: Will the stock meet market expectations?

AIMPWAFebruary 26, 2025

Tata Capital board on Tuesday announced initial public offering (IPO) comprising 23 crore fresh shares and an offer for sale of equity shares by eligible shareholders of the company. In addition, the board approved rights issue not exceeding ₹1,504 crore. Listing & IPO details The company has not disclosed any further information, including the listing...

Muthoot Finance gets RBI approval to open 115 new branches

AIMPWAFebruary 26, 2025

Finance and insurance corporation Muthoot Finance has received RBI approval to open 115 new branches, a stock exchange filing revealed. Granting permission, the Reserve Bank of India has asked Muthoot to provide details of the new branches. “The company is also advised to ensure suitable arrangements for security and for storage of gold jewellery, including...

Banks turn to infra bonds for funds as deposit growth lags

AIMPWAFebruary 26, 2025

Banks mopped up 75 per cent more resources via infrastructure bond issuances in the current financial year so far in the backdrop of deposit growth lagging credit growth and the cost of funding via this route being as competitive as term deposits. They collectively raised ₹89,588 crore via infrastructure (infra) bond issuances in the first...

Reliance Capital acquisition: NCLT gives March 12 deadline to creditors, IIHL to complete ownership transfer

AIMPWAFebruary 26, 2025

The Mumbai bench of National Company Law Tribunal (NCLT) has asked all parties, including committee of creditors (CoC), administrator and Hinduja Group backed-IndusInd International Holdings Ltd (IIHL) to complete the resolution plan for Reliance Capital (RCAP) by March 12, sources told businessline. “All parties including CoC, administrator and IIHL have agreed in today’s NCLT hearing...

EDF India Form JVs with NTPC and Coal India For Hydro, Renewable Energy & Pumped Projects

AIMPWAFebruary 26, 2025

New Delhi, Feb 24 (KNN) NTPC Limited, India’s largest integrated power utility, and EDF India Private Limited, a subsidiary of the French energy giant EDF, have signed a non-binding Term Sheet to collaborate on developing pumped storage projects, hydro power projects, and hybrid hydro-renewable energy initiatives through Joint Venture Company (JVC). This new entity...

High Tariffs Put Indian Agricultural Exports at Risk in US Market

AIMPWAFebruary 26, 2025

New Delhi, Feb 24 (KNN) President Donald Trump has solidified his stronghold among the American farming community, particularly in the Midwest, with over 100 agriculture-focused counties backing him with at least 80 per cent of the vote in the recent election, according to an Investigate Midwest report. Since 2016, Trump’s policies have consistently favoured the farming...

India Plans $1 Billion Subsidy to Boost Solar Manufacturing

AIMPWAFebruary 26, 2025

New Delhi, Feb 25 (KNN) India is finalising a USD 1 billion capital subsidy plan to strengthen its solar manufacturing sector, aiming to reduce its reliance on China and capitalise on the global shift toward renewable energy, sources familiar with the matter revealed. The initiative, spearheaded by the Ministry of New and Renewable Energy, focuses...

Textile Sector Needs Enhanced Banking Support To Reach USD 350 Bn Market Size: Textile Commissioner

AIMPWAFebruary 26, 2025

New Delhi, Feb 25 (KNN) In a statement during the Export Conclave jointly organised by World Trade Centre Mumbai and YES Bank, Textile Commissioner Roop Rashi emphasised the critical role banks should play in supporting India’s textile industry, which currently employs 5.4 crore people and aims to expand its market size from USD 172 billion...

Piyush Goyal Sets USD 100 Bn Export Target For India’s Electronics Industry At ELECRAMA 2025

AIMPWAFebruary 26, 2025

New Delhi, Feb 25 (KNN) Commerce and Industry Minister Piyush Goyal has challenged the Indian electronics and electrical industry to significantly scale up exports to USD 100 billion within the next 5-7 years, highlighting the sector’s remarkable growth trajectory over recent years. Speaking at the 16th Edition of ELECRAMA organised by the Indian Electrical And...

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Finland commits EUR 2.5 million to new phase of EIF support for sustainable trade in LDCs

AIMPWAJune 16, 2025

Finland has pledged EUR 2.5 million to the Enhanced Integrated Framework (EIF), providing an important early boost to the initiative’s third phase of activities in support of least developed countries (LDCs), set to begin in October 2025. The contribution builds on over a decade of Finnish commitments, totalling nearly EUR 30 million (over USD 32...

WTO | 2025 Press Releases – Japan gives CHF 105,000 to support trade capacity-building in developing economies

AIMPWAJune 16, 2025

The Global Trust Fund finances trade-related technical assistance in areas such as market access, trade facilitation, services and agriculture. The objective is to help participants better understand WTO agreements and participate more effectively in global trade negotiations. WTO Director-General Ngozi Okonjo-Iweala said: “We are grateful for Japan’s continued partnership, which reflects its longstanding commitment to...

Bajaj Markets Creates Online Platform For Small Business Loans

AIMPWAJune 16, 2025

New Delhi, Jun 16 (KNN) Bajaj Markets has launched a comprehensive digital platform that enables small business owners across India to apply for business loans online without the need for branch visits or extensive paperwork. The digital marketplace serves as a connecting point between entrepreneurs and an extensive network of established loan providers, facilitating the discovery...

Sacheerome Limited Debuts On NSE Emerge With 50% Premium Over IPO Price

AIMPWAJune 16, 2025

New Delhi, Jun 16 (KNN) Sacheerome Limited commenced trading on NSE Emerge platform on June 16, 2025, at Rs 153 per share, representing a 50 percent premium over its initial public offering price of Rs 102 per share. The fragrance and flavour manufacturing company’s market debut valued the firm at over Rs 350 crore in market...

The U.S. Navy is more aggressively telling startups, ‘We want you’

AIMPWAJune 15, 2025

While Silicon Valley executives like those from Palantir, Meta, and OpenAI are grabbing headlines for trading their Brunello Cucinelli vests for Army Reserve uniforms, a quieter transformation has been underway in the U.S. Navy. How? Well, the Navy’s Chief Technology Officer Justin Fanelli says he has spent the last two and a half years focused...

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Latest Posts

InCred Finance to acquire gold loans biz of TruCap Finance via slump sale

Tata Capital IPO & 1,504 Cr Rights Issue: Will the stock meet market expectations?

Muthoot Finance gets RBI approval to open 115 new branches

Banks turn to infra bonds for funds as deposit growth lags

Reliance Capital acquisition: NCLT gives March 12 deadline to creditors, IIHL to complete ownership transfer

EDF India Form JVs with NTPC and Coal India For Hydro, Renewable Energy & Pumped Projects

High Tariffs Put Indian Agricultural Exports at Risk in US Market

India Plans $1 Billion Subsidy to Boost Solar Manufacturing

Textile Sector Needs Enhanced Banking Support To Reach USD 350 Bn Market Size: Textile Commissioner

Piyush Goyal Sets USD 100 Bn Export Target For India’s Electronics Industry At ELECRAMA 2025

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Finland commits EUR 2.5 million to new phase of EIF support for sustainable trade in LDCs

WTO | 2025 Press Releases – Japan gives CHF 105,000 to support trade capacity-building in developing economies

Bajaj Markets Creates Online Platform For Small Business Loans

Sacheerome Limited Debuts On NSE Emerge With 50% Premium Over IPO Price

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Finland commits EUR 2.5 million to new phase of EIF support for sustainable trade in LDCs

WTO | 2025 Press Releases – Japan gives CHF 105,000 to support trade capacity-building in developing economies

Bajaj Markets Creates Online Platform For Small Business Loans

Sacheerome Limited Debuts On NSE Emerge With 50% Premium Over IPO Price

The U.S. Navy is more aggressively telling startups, ‘We want you’

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Finland commits EUR 2.5 million to new phase of EIF support for sustainable trade in LDCs

WTO | 2025 Press Releases – Japan gives CHF 105,000 to support trade capacity-building in developing economies

Bajaj Markets Creates Online Platform For Small Business Loans

Sacheerome Limited Debuts On NSE Emerge With 50% Premium Over IPO Price

The U.S. Navy is more aggressively telling startups, ‘We want you’

Alexa von Tobel has high hopes for ‘fintech 3.0’