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Northern Arc secures USD 65 mn debt commitment from global firms for climate fundNorthern Arc has secured USD 65 million for its first climate fund, aiming to support sustainable businesses in India. The fund, backed by ...
Northern Arc secures $65 mn debt commitment from global firms for climate fundNorthern Arc secures USD 65 million for its first climate fund. The fund receives support from DFC and OeEB. It will provide debt financing...
3 European export credit agencies reach out to Indian companies, banksExport Credit Agencies of Germany, Austria, and Switzerland, in collaboration with the Swiss Business Hub India, are engaging with Indian c...
Satin Creditcare Network raises 15 million euros from Development Bank of AustriaThe external commercial borrowing with a tenure of five years is raised at a rate linked to Euribor and it comes around 11% approximately, ...
CreditAccess raises $20 million from OeEB"This marks the third ESG-linked loan in our inclusive finance journey with $80 million raised so far," managing director Udaya Kumar Hebba...
Austria Development Bank lends 13mn euros for Namami Gange project in BengalAustrian Development Bank OeEB has lent 13 million euros for a sewerage treatment project in West Bengal, an official said on Thursday. Oes...
InCred Finance ropes in Philipp Orgler to spearhead AI and ML capabilitiesOrgler was previously global head of structured products at Barclays Capital and also ran the global structured notes business for Mizuho.
Satin Creditcare gets $15 million ECB fundingThe first ECB investment in SCNL was by World Business Capital.
Essel Mining puts in highest bid of Rs 450 crore for Pro MineralsLenders led by Bank of Baroda voted for the Essel Mining plan that also involves some capital infusion, said two senior bankers aware of th...
PFS in pact with Austria Development Bank for $20 mn ECB loanAs per the agreement, PFS will utilise the ECB to develop its renewable loan portfolio and lower its interest cost.
G7 nations agree to target tax evasion and avoidanceUK chancellor George Osborne said it was "incredibly important" that firms and individuals paid the tax they owed.
- Global recovery weaker than expected, OECD says
A senior international official says the global economy is off to a weaker than expected start in the second half of the year.
- Switzerland to be dropped from tax haven list: OECD
The Organisation for Economic Cooperation and Development said that Switzerland will be removed this week from a list of uncooperative tax ...
- India negotiating with Swiss authorities on secrecy clauses
India is negotiating with Switzerland and other countries to revise the secrecy clause in bilateral treaties like double taxation avoidance...
- Countries snap back at OECD tax haven lists
OECD's lists include Philippines, Malaysia, Costa Rica, Uruguay, Austria, Belgium and Luxembourg along with Switzerland and Liechtenstein.
- Tax havens may cave in under global pressure
With governments around the world straining to pay for bailouts and fiscal stimulus, some 35 or so offshore tax havens from Britain’s Chann...
- Austria to enter recession in 2009
Austria will likely enter a recession next year as the global economic downturn intensifies.