Muthoot Microfin secures $15 million from Triple Jump, nears $35 million deal with BlueOrchardMuthoot Microfin has finalised a deal with Dutch development finance institution Triple Jump to raise $15 million in non-convertible debent...
Muthoot Microfin in talks with European investors to raise $50 millionMuthoot Microfin is in advanced talks with European investors to secure $50 million in external commercial borrowing, aiming to lower costs...
Mumbai traffic update: Special arrangements in place for PM Modi's event on May 17. Check routes to avoid and other detailsMumbai traffic update: On Thursday, the Mumbai Traffic Police issued a comprehensive advisory for residents of Mumbai regarding potential t...
Muthoot Microfin looking to raise $50 million in ECBMuthoot Microfin, headquartered in Ernakulam and part of the Muthoot Pappachan group, aims to secure $50 million through external commercia...
Muthoot Microfin secures $75 million external commercial borrowing for diversified fundingThe loan is raised for three years and three months tenure and benchmarked to a three-month term SOFR (Secured Overnight Financing Rate) wi...
Thriwe ties up with Al Mutlaq Group to enter Saudi Arabia, eyes $100 mn revenue in 3 yearsConsumer benefits marketplace Thriwe is entering the Saudi Arabian market with investment from Al Multaq. The multi-billion-dollar conglome...
Digital banking start-up YAP raises $41 million, to expand into Saudi ArabiaYAP will use the funds to expand the business into Saudi Arabia, Egypt, Pakistan and Ghana, said Chief Executive and co-founder Marwan Hach...
UAE's first independent digital banking platform launchedDubai-based YAP does not have a banking licence itself but has partnered with RAK Bank which provides international bank account numbers fo...
Srinagar businessman Zahoor Ahmad Shah Watali linked to ISI, POK netasAccording to sources in the Intelligence Bureau, Watali, who heads the Trison Group of companies, allegedly uses his business to channel IS...
Cipla, IIFL Holdings and Oberoi Realty among top stocks to track todayHere is a list of top stocks that are likely to be in focus in today's trading session -
JBF shares plunge amid talk of UAE loan defaultJBF Industries is a large purified terephthalic acid (PTA) and polyester film maker.
I think the base rate is a dying concept: Raj Kiran Rai G, Union Bank"Only 20% of my assets are at base rate because most of these accounts which were at base rate are gradually migrating to MCLR where the tr...
Weak rupee discouraging Indian firms from investing in Ras Al Khaimah FTZOver the past few months the rupee has weakened sharply and touched lifetime low of 68.85 against dollar on August 28.
- RAK Ceramics to invest Rs 600 cr to set up tile plant
Ceramic tiles manufacturer, RAK Ceramics India, plans to set up a tile plant in Ahmedabad, Gujarat, at an invest Rs 600 crore over the next...
- Foreign borrowings ease
The good news is that, globally, risk appetite seems to be returning.
- Rakeen, Trimex to invest $5b in 5 yrs
UAE-based real estate company Rakeen and Chennai-based mineral firm Trimex Group have formed a 50:50 joint venture company - Rakindo Develo...
- Wealth managers court Indian diaspora
According to a World Bank study, India gets the largest remittances in the world-$27 billion per year. 7 ways to avoid the growth traps