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Germany's DEG makes maiden bet on India debt fund via Vivriti's GIFT City vehicle, sources sayGerman development finance institution DEG has approved its first-ever investment in an Indian debt fund, committing capital to Vivriti As...- Andhra Cabinet approves land allocations to various entities in AmaravatiThe Andhra Pradesh Cabinet, led by CM N Chandrababu Naidu, approved various initiatives for Amaravati, including land allocations and chang...
- Jindal Stainless raises $82 million from KfW IPEX-Bank for Jajpur facility expansion“This long tenor financing for our growth Capex manifests investor confidence in the stainless steel business and the improved creditworthi...
- Annapurna Finance raises $20 million equity from German DEGThis is Annapurna's second equity infusion in as many years. Annapurna had raised $30 million equity from US-based Nuveen Global Impact Fun...
- Germany's Thyssenkrupp AG completes sale of its elevator technology businessThe group had signed an agreement with the consortium of equity firms on the purchase of the elevator business in February 2020, as a restr...
- Palaniswami to flag off TN’s e-buses for public transportSlated for Monday, the event will also mark the first time an electric bus will be used for public transport in Tamil Nadu.
- Financial institutions debit Rs 759 crore from IL&FS against NCLAT orderAs per the fifth progress report to the NCLT, the company said that banks and financial institutions' actions affects its efforts to surviv...
- Government pays back some IL&FS lenders, may have to shell out Rs 250 crore moreIL&FS group companies have an outstanding debt of over Rs 91,000 crore.
- How this German bank accidentally transferred $5.4 billion to four other banksThe incident is a repeat of an ill-timed payment of 300 mn euros KfW made to Lehman Brothers in September 2008, on the day the US firm file...
- Germany provides support of EUR 200 million for India's Energy Efficiency ProgrammeWith this, the total German commitment for better energy efficiency in India stands at EUR 600 million (INR 4,200 Crore).
- Nitin Gadkari plans international loan for electric busesUnion Transport Minister Nitin Gadkari today said international agencies were keen to fund for green electric buses and the government woul...
- Global social funds visit’s Ahmedabad based Dry Waste Management Company's Let’s Recycle unitsGlobal Social funds and investment agencies visited at Ahmedabad-based dry waste recycling company, NEPRA Resource Management that runs und...
- Rabobank PE arm invests Rs 75 crore in Beloorbayir BiotechIndia Agri Business Fund is Asia's first private equity fund focused on the food and agribusiness sector in the country.
- India sees deals of $437.3 million in Q3 in the wind energy sectorAmidst rough winds in the global wind energy sector and transition in Indian wind energy markets, deals of $437.3 million (Rs 2348.30 crore...
- India's Essar Group acquires Zimbabwe's Iron and Steel CorporationThe Essar Group is to undertake resuscitation work at Zisco, including realigning blast furnaces and repairing coke ovens.
- Magna's bid for Opel preferredMagna International Inc’s offer for General Motors Corp’s Opel unit is preferred by German regional governments over a bid from Fiat SpA, a...
- World Bank, Germany to aid global microfinanceThe World Bank and the German government announced a $500 million fund to support microfinance institutions to aid the poor amid the global...
- German subprime-hit bank IKB posts lower annual lossThe German bank IKB, which flirted with bankruptcy after the US subprime housing crisis erupted, posted an annual loss of just 24 million e...
- NTPC signs loan agreement with KfWNTPC Ltd on Tuesday said it has signed an agreement with German banking group KfW for a term loan of $100 million to part finance renovatio...
- KfW to buy Daimler-Chrys’ EADS stake next yearGerman government officials and the state-owned redevelopment bank KfW are preparing a contract for the bank to buy a stake in European aer...
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