Companies providing software and other technology support like cloud services to the financial system are trickling down to a few, which can create major systemic […]
Category: Enterprise
ICAI probing financial disclosures of Byju’s, says President Debashis Mitra
Chartered accountants’ apex body ICAI is looking into the financial disclosures made by edtech major Byju’s amid concerns that there are issues related to them, […]
SBI sees 14%-15% corporate credit growth in FY23
India’s largest lender State Bank of India expects corporate loans to grow at a pace of 14% to 15% this financial year and at about […]
TTBS cloud-telephony Smartflo boosting BFSI operations across the country to accomplish financial inclusion goals
India’s commitment to bringing every person living within the boundary under the cover of banking and financial services benefitted greatly from global technological advancements. To […]
IRDA directive to shun brokers for gilt trades baffles insurers
Insurance companies, a significant investor group in the financial markets, have been told by the regulator that they can no longer cut deals with brokers […]
ACRE offers to buy LIC’s Rs 3,400 crore Reliance Capital bonds
An Ares SSG Capital-backed asset reconstruction company (ARC) has given a binding offer to Life Insurance Corporation (LIC) to acquire its ₹3,400-crore Reliance Capital bonds, […]
Gujarat-based NBFC tops NARCL bid for consolidated construction
ujarat-based NBFC Raj Radhe Finance has offered Rs 130 crore to take over the debt of EPC company Consolidated Construction Consortium (CCC) topping National Asset […]
Kairus Shavak Dadachanji buys stake in Shrem InvIT
Kairus Shavak Dadachanji, chairman of the Dadachanji Group of Companies invested Rs 156 crore through a bulk deal as the wealthy investor bought 1.5 crore […]
Tejas Shah joins Prince Pipes and Fittings as Head IT Applications
Over 19 years of experience, Leading the IT Operations, application support, IT Infrastructure Management & IT Project Management Team with the objective of transforming the […]
NARCL withdraws offer to acquire GTL
National Asset Reconstruction Company of India (NARCL), the bad bank promoted by the government, has withdrawn its offer to acquire the debt of GTL, on […]