2 years’ cover for 1 year’s premium – a first of its kind offering by Edelweiss General Insurance

Edelweiss General Insurance Company Limited has introduced a unique add-on, Health 241, for its health insurance policy. Literally meaning “two for one”, if this add-on is bought along with the Edelweiss Health... Read more »

Norwegian Government Institution signs MoU for credit facility to Srei Equipment Finance

Srei Equipment Finance Limited (“Srei Equipment”), a wholly-owned subsidiary of Srei Infrastructure Finance Limited (“Srei”) has announced that it has signed a Memorandum of Understanding (“MoU”) with Eksportkreditt Norge AS (“ECN”), a Norwegian... Read more »

Nifty Overview for Jan 9, 2019 by IndiaNivesh

Mehul Kothari Senior Technical Analyst – Equity, IndiaNivesh In latest session, the index Nifty spot remained in a trading range of its previous session and there is hardly any change in the... Read more »

Dollar/rupee ended over one-week high Tuesday

Manoj Kumar Jain Director & Head of Commodity Research, IndiaNivesh NiveshDaily Currency Dollar/rupee ended over one-week high Tuesday on buying by nationalized banks likely on behalf of oil importers amid likely $1... Read more »

Market summary for ICEX Steel, Diamond and Rubber future contracts ended on January 8 at 11.55 pm

ICEX Steel future: Physical market at Mandi Gobindgarh  opened at Rs. 33,300  traded in the range of Rs. 33,400 – 33,300/ton and settled at Rs. 33,300/ton. Ghaziabad market traded  at Rs. 32,200/ton.... Read more »

AION Capital acquires InterGlobe Technologies

Affiliates of AION Capital Partners has announced that they have acquired InterGlobe Technologies, a leading Global Travel BPM, Technology and Digital Services company.   AION Capital is an India focused private equity fund with USD 825 million in committed capital.  AION... Read more »

Zen Cruises launches Jalesh – India’s premiere cruise line

India’s premiere domestic and international cruise business, Zen Cruises launched its first brand, Jalesh Cruises – a multi-destination cruise line to offer the best of entertainment shows, adventure activities and exotic authentic... Read more »

Israel’s polished-diamond exports stabilizes in 2018

Diamond News: i. Israel’s polished-diamond exports witnessed stabilizing in 2018 after three years of contractions. According to data published by Ministry of Economy and Industry, shipments slipped 2.5% to $4.48 billion for... Read more »

Bandhan Bank and GRUH Finance announce merger

The Board of Directors of Bandhan Bank Limited and GRUH Finance Limited approved the merger of GRUH into Bandhan Bank. The merger would be subject to regulatory and shareholder approvals. The share... Read more »

Essar Global repays all debt to Indian and foreign lenders

Essar Global Fund Ltd (Essar Global), the holding company of the Essar Group of companies, reached yet another milestone in deleveraging by repaying the last tranche of debt of Rs 12,000 crore... Read more »