Non-PCA PSBs to retain market share in advances; deposit franchise continues to remain strong for PSBs

The advances market share of non-Prompt Corrective Action (non-PCA) Public Sector Banks (PSBs) are expected to be maintained at 50-51% in advances while private sector banks (PVBs) market share... Read more »

Sensex sets new closing high

After touching a fresh all-time high – of 36, 902.06 points – earlier in the day, the benchmark BSE Sensex settled at a record closing level of 36,825.10 points... Read more »

Paint industry expects over 10% growth after GST rates reduction

Indian paint industry is expecting over 10 per cent growth in sales in the current fiscal year, following the lowering of Goods and Services Tax (GST) rates by 10... Read more »

Anchit Lakhotiya to Head Lonestar RattanIndia Entity Real Estate vertical

Lonestar RattanIndia Real Estate Fund has appointed Anchit Lakhotiya, an experienced real estate banker, to head the real estate vertical. RattanIndia Finance, a joint venture between Lone Star, a leading... Read more »

USAID and DHFL Announce Signing of $10 million Loan Guarantee to Improve Healthcare in Urban India

The US Agency for International Development (USAID) and the Dewan Housing Finance Corporation Limited (DHFL) officially announced the signing of a $10-million loan portfolio guarantee in an effort to... Read more »

Future Generali India Insurance launches ‘Future Vector Care – Group’

Future Generali India Insurance Company Limited (FGII), the general insurance arm of the joint venture between retail game changers Future Group and global insurer Generali  has launched ‘Future Vector... Read more »

Sensex hits record high as GST cuts boost sentiments

The benchmark BSE Sensex hit a fresh all-time high of 36,749.69 points towards the fag end of trade on Monday led by healthy buying in banking, FMCG and consumer... Read more »

Road construction companies to see 20% growth through fiscal 2020

Construction companies are set to clock a 20% compound annual growth in revenue till 2020, as per a CRISIL study of 66 companies it rates in the investment grade... Read more »

GP Petroleums Limited expands IPOL product line with Clear Blue synthetic solution in India

GP Petroleums Ltd, a leading lubricant maker and part of UAE-based GP Global Group (earlier Gulf Petrochem), on Monday launched a new product, Clear Blue, a high performance synthetic... Read more »

Bajaj Allianz General Insurance introduces IOT based – Personal Accident cover for school children

Bajaj Allianz General Insurance, India’s leading private general insurer on Monday introduced an innovative group personal accident cover for school kids. It covers the kids during their travel hours... Read more »