Finance / Insurance

Private equity investment in warehousing segment falls 92 pc in January-June: Report

Posted on 2020-08-02T14:53:46+05:30 - Finance / Insurance

Investment and leasing activity are likely to remain muted over the next year due to slower decision-making by investors because of the pandemic, but the long-term outlook for the segment remains promising, Colliers International said in a report.

AIIB in discussion with India for financing of ambitious USD 8-billion health infrastructure scheme

Posted on 2020-08-02T13:49:32+05:30 - Finance / Insurance

"The Government of India has discussed about its ambitious scheme of strengthening the health infrastructure. It entails building health infrastructure in every district including upgrading of testing facilities with the Indian Council of Medical Research (ICMR)," AIIB Vice President D J Pandian told in an interview.

With Chinese help, Sri Lanka is readying a global financial hub to rival India's GIFT City

Posted on 2020-08-01T23:00:00+05:30 - Finance / Insurance

While the GIFT City IFSC has a head start over CIFC, Sri Lanka can quickly ramp up construction with Chinese help. It has set an eight-year target. If their strategic partnership also nudges some big Chinese firms to set up shop in the CIFC, the race would be on. After all, cash rich Chinese firms have been investing heavily in assets across Asia.

Rakesh Rathi's latest venture creating buzz for facilitating trade finance during the current pandemic

Posted on 2020-07-31T10:30:00+05:30 - Finance / Insurance

Mr. Rakesh Rathi dons many hats. He is a chartered account, entrepreneur and a technology enthusiast who has successfully created value for his group http:/...

System-wide loan moratorium down to 25% due to resumption in business activities: Acuité Ratings

Posted on 2020-07-30T20:04:50+05:30 - Finance / Insurance

For the retail borrowers in banks, the share of moratorium loans came down to 45% in the phase 2 of moratorium against 60% phase 1. For corporate borrowers moratorium levels declined to 17.5% against 25%, the research shows.

Managing Volatility And Rebalancing

Posted on 2020-07-30T14:20:00+05:30 - Finance / Insurance

SSL Academy, in association with the Economic Times, organised a three-day digital conference titled ‘Financial Freedom Fraternity’ for financial advisors a...

India found cybersecurity lapses at National Payments Corporation in 2019: Govt document

Posted on 2020-07-30T10:48:12+05:30 - Finance / Insurance

The audit, which took place over four months to February 2019, highlighted a lack of encryption of personal data at the National Payments Corporation of India (NPCI) which forms the backbone of the country's digital payments system and operates the RuPay card network championed by Prime Minister Narendra Modi.

Rural-play fintech firms see revival as rural economy starts getting back on its feet

Posted on 2020-07-30T07:38:27+05:30 - Finance / Insurance

Companies providing intermediary payments, banking and insurance services to rural customers have seen a sharp recovery in June and July, from the initial shock of the nationwide lockdown that brought supply chains and merchant commerce across the country to a standstill.

Searching for solutions amidst Covid-19: RBI debates options beyond loan rejig and moratorium

Posted on 2020-07-30T07:25:00+05:30 - Finance / Insurance

As the country opens up gradually from the severe lockdown of April and May, there is a view that the financial sector and the industry also should accept the new normal and look for solutions within the current environment and not return to imprudent practices of the past, the people said, asking not to be identified.

Manappuram Finance board approves plan to raise Rs 500 crore via bonds

Posted on 2020-07-28T14:17:34+05:30 - Finance / Insurance

The committee approved the issuance of private placement of rated, redeemable non-convertible debentures for an amount of Rs 150 crore with an option to retain over subscription up to Rs 350 crore aggregating to Rs 500 crore, it added.

3 P's of Smart Investing

Posted on 2020-07-27T15:00:09+05:30 - Finance / Insurance

Making an investment plan involves more than just choosing the right product to put money in. One has to consider the financial situation, risk appetite and...

The relative performance of Mid-cap IT Services firms — and how a crisis is differentiating the winners from the also-rans

Posted on 2020-07-27T12:20:00+05:30 - Finance / Insurance

The Covid-19 pandemic has been the black swan event that no one saw. The crisis is likely to further differentiate the few mid-cap IT firms that have shown r...