Coronavirus outbreak: World Bank announces up to $12 billion in immediate funds for countries grappling with health, economic fallout
The coronavirus outbreak that has spread quickly from China to some 80 countries
The IFC has invested $75 million from its own account and is mobilising another $125 million as parallel loans, a statement said
Byju's turns profitable for first time, reports total revenue of Rs 1,430 crore in FY19; gears up for US market entry
Byju's said the growth in revenue was fuelled by deeper penetration across India and significant growth in the number of paid subscribers
World Bank arm IFC extends $35 mn 3-year loan to Manappuram Finance; first investment in gold loan finance company
IFC said the investment in the gold-loan sector comes at a time when the sector is becoming more formal
Narendra Modi to meet heads of global wealth funds at Vibrant Gujarat summit; to woo investors for infra projects
Narendra Modi will have a round table with heads of some global sovereign wealth funds, pension funds and institutional investors on the inaugural day of the three-day summit on 18 January, said additional chief secretary at the finance department Arvind Agarwal
BYJU'S to close $400 million funding round led by Naspers, company to be valued at about $3.6 billion
In June this year, BYJU'S had said it has crossed Rs 100 crore in monthly revenue and had revised its revenue targets for this year to Rs 1,400 crore.
International Finance Corporation moves insolvency plea against infrastructure firm Punj Lloyd at NCLT
IFC is seeking recovery of $30 million defaulted by Punj Lloyd.
South African Life Healthcare Group to exit Max Healthcare for Rs 2,120 cr; to focus on operations in SA
Life Healthcare Group Holdings is equal joint venture partner in Max Healthcare Institute Limited along with Max India.
When TRAI had first introduced the recommendations, DoT asked them to add provisions related to the kind of in-flight Wi-Fi service that would be provided.
Air India privatisation: 18,000 employees cannot hold nation to ransom; sale to set tone for other PSU divestment plans
If the 18,049 Air India employees are allowed to hold the country to ransom, then so will the employees of other loss-making government-owned firms.
Recommendations on in-flight connectivity to come out by year end or next 15 days," TRAI Chairman R.S. Sharma told reporters on Wednesday
The due diligence is on and the deal could be finalised in the next few weeks, sources privy to the development said.
Infra sector expects some more innovative project models like the Hybrid Annuity Model (HAM) which was taken up in roads sector which can result in better risk sharing and attract participation
The meeting focused on the 'Forward Look' exercise carried out by the World Bank and discussion on the Dynamic Formula of Shareholding of member countries in the International Bank for Reconstruction and Development (IBRD), a member institution of the Bank.
The government is considering roping in 2-3 banks, including SBI and PNB for the fund
Last month, IDBI Bank Managing Director Kishor Kharat had said he had met 56 foreign players and 22 domestic investors for QIP and the process should complete by the end of the current fiscal
The central government and the Bank have also signed an agreement for the $625 million Grid Connected Rooftop Solar Programme
Equitas Holdings, which has got a licence for small finance bank, is expected to hit the capital markets in the first half of April to raise an estimated Rs 2,000 crore through an initial public offering (IPO).
Masala bonds widen the range of investment opportunities for money managers.
Portea had previously received $9 million Series A funding from Accel, Qualcomm Ventures and Ventureast in December 2013