Adani Group acquires 97% stake in Kattupalli Port

 Adani Ports on Thursday acquired 97 per cent stake in Marine Infrastructure Developer Pvt Ltd (MIDPL), the developer and operator of Kattupalli Port near Chennai. Adani Ports, India’s largest... Read more »

Global cues, weak rupee subdue equities

Negative global cues, including rising crude oil prices and the escalating trade war concerns along with a weak Indian rupee, pulled the domestic equity indices deep into the red... Read more »

Cabinet approves Rs 2,000 cr infusion in Export Credit Guarantee Corp

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved capital infusion of Rs 2,000 crore in public sector company Export Credit Guarantee Corporation (ECGC), an official statement said.... Read more »

Rupee touches 19-month low

Weakening for the third consecutive day, the Indian rupee touched a 19-month low of 68.70 per dollar on Wednesday due to rising crude oil prices and the ongoing trade... Read more »

Vijay Mallya offers to sell assets to repay bank loans

Fugitive tycoon Vijaya Mallya has sought the Karnataka High Court’s permission to let him and his holding firm UBHL sell their assets under judicial supervision and repay creditors, including... Read more »

PM explains policy reforms to India Inc

Prime Minster Narendra Modi on Tuesday interacted with Indian business leaders in Mumbai representing a wide spectrum of the economy and discussed various policy reforms and initiatives of the... Read more »

Jio signs $1 bn loan to finance goods procured from Samsung, Ace Technologies

Reliance Jio Infocomm (RJIL) has signed a $1 billion equivalent term loan facility covered by Korea Trade Insurance Corporation (K-SURE) on June 22, 2018, a company statement said here... Read more »

Acer brings new GPU server to India

Taiwanese technology company Acer on Monday brought its Altos “R880 F4” GPU server in India which was originally unveiled at the NVIDIA’s GPU Technology Conference (GTC) in Taiwan recently.... Read more »

Exports from SEZs grow 38% in May 2018: EPCES

Exports from the special economic zones (SEZs) of the country registered a growth of 38% in May 2018. The monthly exports data released by Export Promotion Council for SEZ and Export... Read more »

Embracing end-to-end Technology Solutions To Drive The Next Round Of Growth For NBFCs

  By Dewang Mody Technology has been playing a significant role in spurring growth and innovation in India’s financial services sector. The new-age concepts of FinTech, e-KYC, cashless transactions,... Read more »