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Higher rates, increasing credit costs to temper profits for micro finance cos says S&PRising delinquencies in India's microfinance sector will increase credit costs above 5% this fiscal, impacting profitability, S&P analysts ...
Carlyle, Mizuho, Premji Invest aim for KKR-owned AvendusCarlyle, Premji Invest, and Mizuho are vying to acquire a controlling stake in Avendus Capital from KKR. The investment bank, valued at Rs ...
Inflows from private equity, venture capital funds to domestic companies plunge to $27.9 billion in 2023Private equity and venture capital investments in Indian companies declined about 40% to $27.9 billion in 2023, compared to $47.62 billion ...
Tata Neu’s muted first year, PhonePe-ZestMoney deal called off & the week’s top tech storiesHi Digbijay here in Bengaluru. Last month, I was in Mumbai and visited the offices of the newest ecommerce challenger in India –Tata Digita...
EazyDiner raises Rs 40 crore in funding from DMI’s Sparkle FundThe startup, present in India and United Arab Emirates, will utilise the capital to expand its business to 100 cities from 30 currently and...
UK, Pakistan sign pact for supply of ammunition to Ukraine via GermanyThe UK's ministry of defence signed the pact with Pakistan Ordinance Factories recently, following which an ammunition consignment of 162 c...
Pakistan, Polish entities ink MoU for supply of defence equipment to UkrainePakistan is in the process of exporting a consignment of Anza Mark-II Man Portable Air Defence Systems to Poland for transporting to Ukrain...
Pakistan to supply arms to Ukraine via German port nowSupplies of rockets were dispatched from the Karachi Port earlier this month and will enter Ukraine via Emden Port in Germany, said the peo...
Russia may read riot act to Bilawal on defence supplies to UkraineMoscow, however, might read riot act to Bilawal for Pakistani defence supplies to Ukraine in January, ET has learnt. Karachi has emerged as...
146 containers from Pakistan Ordnance Factories head to Ukraine via its neighboursIn recent weeks, Pakistan has increased ammunition and other defence supplies via third countries that border Ukraine, they said.
Pakistan set to dispatch 159 containers of ammunition to UkrainePakistan is planning to dispatch 159 containers of ammunition including projectiles and primers to Ukraine via a port in Poland this month,...
Pakistan to supply arms to Ukraine through firms in Eastern EuropeDefence firms located in some eastern European states bordering Ukraine have also emerged as a gateway for transferring Pakistan-manufactur...
Vakrangee to soon scale up its 44,200+ kendra outletsWith a strong Q3 result, Vakrangee offers banking, insurance, ATM, e-governance, e-commerce and logistics services across India.
Leveraging Tech: How Facebook, SMS and GPS can determine if you are a reliable loan applicantSmall businesses or SMEs suffer from what is called as a 'thin-file' where the information available is not enough to come up with a lendin...
Realtors raising funds to speed up pending projects to skip re-registrationUnder the new law, all real estate projects, including those under construction for which a completion certificate has not yet been issued,...
Burmans pick up strategic stake in Delhi-based DMI Finance Private LtdThe Burman family, promoters of leading consumer goods company Dabur India, has acquired a strategic stake in DMI Finance Private Ltd, a De...
- DMI Finance acquires 16% stake in Alchemist ARC
DMI Finance today announced its foray into the asset reconstruction space by acquiring 16 per cent stake in Alchemist ARC for an undisclose...