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Govt's SRI Fund commits Rs 5,000 cr to help MSMEsIt has a 'Mother Fund-Daughter Fund' structure wherein SRIF, the mother fund, invests up to 20 per cent of the corpus of the Daughter Fund,...
SBI subsidiary signs MoU with MEA for Trilateral Development Cooperation FundThe TDC Fund will route India’s commitment of approx. Rs.175 cr. (£17.5 million) to the Global Innovation Development Fund (GIP Fund) – pro...
Rane exhorts MSME Ministry officials to brace up for enhancing sector's outputThe minister said he would like to see a quantum jump in the performance of the MSME (micro, small and medium enterprises) sector, for whic...
NBCC to sell unused FAR of Amrapali projects for Rs 1,500 croreNBCC is involved in the completion of 23 Amrapali housing projects, the cost of completion of which is estimated at about Rs 8,500 crore.
How GoI's gamechanging SWAMIH fund for stalled housing actually works on the groundIt is an innovative financing structure that must be replicated across several capital-intensive industries. Innovative financing is, indee...
SBI, EIB to invest up to €100 mn in Indian SMEs focused on climate changeSBI already invests in a vehicle called Neev Funds for its impact investing objectives, and the two entities have created 'Neev Fund II' fo...
Andhra Pradesh govt picks Essar Steel as JV partner to set up steel plant in KadapaThe state Cabinet cancelled its previous resolution, made on February 23, selecting Liberty Steel India Limited as the JV partner for const...
UP RERA asks developers to apply for stress fundCentral government has proposed Rs 25,000 crore stress fund out of which Government of India shall infuse up to Rs 10,000 crore and the res...
4 real estate companies from three cities requests to avail bailout fund: Nirmala SitharamanEarlier this month, the government approved a Rs 25,000 crore fund to help complete over 1,600 stalled housing projects, including ones tha...
Concerns on fund adequacy, implementing and demand risk of Rs 25,000 crore housing fund: ICRAAs per ICRA estimates, nearly half the inventory in these projects remains unsold at present.
Home buyers can approach banks for loan revival; Rs 25,000-cr fund not for projects in higher courts: GovtThe FAQs said funding will be provided to the RERA-registered affordable and middle-income housing projects that are stalled for lack of ad...
HDFC Life may get more muscle in MSCI Index, stock surgesHowever, majority of the analysts expect limited upside for the stock citing its expensive valuations.
Telco, multiplex, TV distributor stocks rise amid relief over JioFiber ratesInvestors had been worried tariffs would be as disruptive as when Jio launched mobile services
Stocks in the news: RIL, Wipro, Mindtree, Jet Airways, Ashoka Buildcon, Just Dial and Quess CorpSBICAP Securities has maintained buy rating SpiceJet with a target price of Rs 175.
SBICAP Ventures launches SME, affordable housing fundsThe SME fund is expecting to raise a corpus of Rs 400 crore, while the affordable housing fund would look at raising Rs 350 crore.
Godrej Agrovet IPO subscribed 52 times on Day 3The quota limit for qualified institutional buyers (QIBs) was subscribed 10.09 times.
SBI names Praveen Gupta as new MD and CEO of SBI Capital MarketsThe State Bank of India has named Praveen Gupta as its new managing director and chief executive of its merchant banking arm, SBI Capital M...
RCF looks for partner to build fertiliser plant in IranWith this project, RCF and Gujarat Narmada Valley Fertilisers & Chemicals Ltd (GNFC) seek to tap cheaper gas offered by Iran to produce the...
Ranbaxy spurts 34% as Malaysia allots site for manufacturing unitEven as most brokerages revised their target price downwards, six houses have a 'buy' or an 'overweight' rating on the stock.
- SBI Group enters VC business
Country's biggest commercial bank, the State Bank of India on Monday entered into the venture capital (VC) business with the launch of a 10...