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About 48 results for "industrial credit and investment corp..."

India Inc's investment growth hits 25-year low
Rediff.com

India Inc's investment growth hits 25-year low

Fresh investments by corporates up just 5.8% in FY17, lowest since 1992 Fresh investments by the corporate sector hit a new low in fiscal year (FY) 2016-17. The combined capital expenditure (capex) by the country’s top 1,000 non-financial firms, in terms of revenue, was up just 5.8 per cent in FY17, growing at the slowest pace since 1992. The previous low of capex growth was in FY1999-00, after the dotcom bubble in Year 2000. In all these, the top 1,000 companies made fresh investments ... Rediff.com, 6 days ago

Reliance Capital arm invests $1 mn in Billionloans

Reliance Corporate Advisory Services, an arm of Reliance Capital, today said it has made an investment of about Rs 7 crore (USD 1 million) in alternative digital lending startup Billionloans Financial Services Pvt Ltd. This is the second major startup ...
 Deccan Herald2 weeks ago

Sebi asks MFs to hone due diligence, playing on debt funds

Mutual funds have to work on due diligence practices before picking up corporate bonds and should not just rely only on credit ratings given the rising defaults, Sebi chairman Ajay Tyagi said today. "There are instances of defaults on debt portfolio so ...
 Deccan Herald3 weeks ago

PM hard-sells welfare agenda to African panel

Prime Minister Narendra Modi on Tuesday hard-sold his development agenda to the leaders of the African Development Bank (AfDB) gathered at the Mahatma Mandir in Gandhinagar for their 52nd annual meet. "By next year, every village in India will get ...
 Deccan Herald2 months ago PM showcases his achievements to African leaders, says Africa key for India  Deccan Herald2 months ago

Six startups graduate from Axis Bank innovation lab

Private sector lender Axis Bank on Friday announced the graduation of six startups from its first startup accelerator programme at its innovation lab Thought Factory, which was launched a year ago. Apart from providing a platform and mentoring startups, the ...
 Deccan Herald2 days ago

Morning News Call - India, June 30

To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_06302017.pdf If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/ ...
 Sify3 weeks ago Morning News Call - India, July 3  Sify2 weeks ago Morning News Call - India, June 6  Sify1 month ago Morning News Call - India, April 28  Sify2 months ago
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Stressed balance sheets cast cloud over Modi-led India rebound

By Rajesh Kumar Singh NEW DELHI (Reuters) - Vikas Patharkar borrowed $700,000 in 2014 to set up a factory to make electric transformers on the outskirts of Mumbai, buoyed by the promise of massive government spending and hopes of a strong economic rebound.
 Sify1 month ago
Rediff.com

Post-note ban disruption, India to grow at 7.2%: IMF

India's growth is expected to rebound to 7.2 per cent in the 2017–18 fiscal and 7.7 per cent in 2018-19 after "disruptions" caused by demonetisation, the IMF said on Tuesday, while recommending removal of long-standing "structural bottlenecks" to enhance market efficiency. The temporary disruptions (primarily to private consumption) caused by cash shortages accompanying the currency exchange initiative are expected to gradually dissipate in 2017 as cash shortages ease, the ...
 Rediff.com2 months ago India to grow at 7.7 per cent in 2018-19: IMF  Mathrubhumi2 months ago
Rediff.com

India, Russia ink key pact for 2 nuclear power units

The two countries also asked all nations to stop cross-border movement of terrorists and asserted that a decisive collective response from the international community without 'double standards and selectivity' was required to combat the threat of terrorism. IMAGE: Prime Minister Narendra Modi and Russian President Vladimir Putin issue a joint statement after a summit in St Petersburg on Thursday. Photograph: @MEAIndia/Twitter India and Russia on Thursday concluded a much-awaited pact for ...
 Rediff.com1 month ago

Why banks will have fewer branches

'With technology advancing rapidly, the need for branches is declining,' HSBC India CEO Stuart Milne tells Niraj Bhatt and Anup Roy.Illustration: Dominic Xavier/Rediff.com The chief executive officer of one of the oldest foreign banks in India has a unique way of attracting new business. He invites existing customers to his house for dinner and asks them to bring a friend. "If some of the guests open accounts, it can be quite valuable for us," says Stuart Milne, head of HSBC India. While his ...
 Rediff.com2 months ago
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