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SAEL begins operation of 600-MW solar power plant in Andhra PradeshSAEL Industries has started a 600-megawatt solar power plant in Kurnool, Andhra Pradesh. This plant will supply power to the national grid ...- Turkiye: 5 killed, 22 injured in terrorist attack on aerospace company headquartersAn attack on Turkish Aerospace Industries' HQ near Ankara leaves at least five dead and 22 injured. Turkiye's Interior Minister hints at PK...
- Atlas raises $27 million for new nickel technology for EV batteriesAtlas Materials has raised $27 million to build a pilot plant in North America for processing low-grade nickel for electric vehicle batteri...
- Rising interest rates to hurt securitisation volumes, says India RatingsBanks have to mandatorily deploy 40% of their adjusted net bank credit to agriculture, weaker sections of society or small and micro-enterp...
- Gold loan securitisation volume stands at Rs 4,400 cr in H1 FY22: Report"Gold loan securitisation volumes were about Rs 4,400 crore in H1 FY2022 (similar to volumes seen in H1 FY2021) forming 10 per cent of the ...
- To Market, to Market With Bank LoansBoth performing and non-performing assets may be transferred, but the rules stipulate that stressed loans can only be transferred to permit...
- India's oldest mosque basks in past glory after renovation; set for reopeningThe classic beauty and humble style of the "Cherman Juma Masjid", dating back to 629 AD, was restored after a painstaking renovation and co...
- Electrification of 19 Siachen villages to help Ladakh achieve carbon-neutrality target: OfficialsThe Union Ministry of New and Renewable Energy funded the Chamshen project under the Ladakh Renewable Energy Initiative (LREI) scheme, the ...
- Securitisation market volume to fall by 30-40% in FY21: IcraThe total securitisation market remained buoyant in 2019-20 and was around Rs 2 lakh crore, almost the same as in the previous year.
- RBI proposes easier securitisation, loan sale guidelinesMarket participants have time till June 30 give their comments and suggestions to RBI on these guidelines.
- Securitisation market likely to cross Rs 2 lakh crore by end of FY2020: IcraIn the third quarter of FY20, the securitization volumes stood at Rs 47,000 crore.
- Alternative funding instruments for NBFCs and HFCs post the 2018 credit crunchThe IL& FS debacle shattered investors’ trust in NBFCs, eventually leading to the curtailment of their lending activity.
- Neutral Cummins India, target Rs 825: Phillip CapitalCummins India is a largecap company, operating in engineering sector.
- Interest subsidy for MSME sector exporters increased to 5 per cent: RBIExporters get the subsidy under the 'Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit'.
- MHP, a Porsche company, partners Hyderabad’s design automation startupThe partnership of Invilogic Software, ENIT Invilogic GmbH and MHP will enable design time reduction by more than 90% for automotive and ma...
- NTPC to shut down old plants with capacity of 11 giga wattsReplying to questions, the Minister said there is no proposal to discontinue thermal power plants and the older plants should be gradually ...
- Turkey's president Erdogan is making a Machiavellian move by striking both ISIS and the Kurdish PKKTurkey also cracked down on alleged terrorists within its orders in a massive string of arrests - with the majority of those arrested belon...
- Anti-China sentiment is suddenly sweeping over TurkeyAnti-China sentiment has been reaching new heights in Turkey, as Turkish President Recep Tayyip Erdogan is set to make an official state vi...
- RBI unveils 'safer' loan securitisation normsRBI laid out norms for safer securitisation of loans that can theoretically help banks lend more without having to resort to raising capita...
- Haryana govt to help people get jobs abroadHaryana govt to help about 700 persons to get employment in Kuwait, Canada and the Middle East by next year.
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