Ifc

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.

Telecom Commission approves in-flight connectivity for both voice and data calls in Indian airspace

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.

TRAI to announce in-flight connectivity recommendations by the end of December

Recommendations on in-flight connectivity to come out by year end or next 15 days," TRAI Chairman R.S. Sharma told reporters on Wednesday

Paytm may pick up stake in online grocery retailer BigBasket for $200 mn

The due diligence is on and the deal could be finalised in the next few weeks, sources privy to the development said.

Micro Deposit Machines To Take Banking To The Poor

FINO is working with various banks, micro-finance institutions, insurance firms and the government to extend banking services to the poor in both urban and rural areas.

IFC, FINO To Help Microfinance Institutions For Rural Banking

IFC plans to help FINO develop banking solutions that will help India's microfinance institutions.