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Fusion Micro Finance IPO set to open for Public subscription today-thumnail

Fusion Micro Finance IPO set to open for Public subscription today

Fusion Micro Finance works with female entrepreneurs that are part of the economically and socially underprivileged portion of society to provide them with financial services. It also educates its clients

Finance

Nov 2, 2022

<strong>P&G India announces a tech fund of Rs 200 crore.</strong>-thumnail

P&G India announces a tech fund of Rs 200 crore.

The domestic arm of the US corporation stated that the fund will feature solutions that will boost its capabilities and promote innovation across numerous industries. These include customer research, go-to-market

Finance

Nov 2, 2022

GST collection hits Rs. 1.5 trillion mark; 2nd highest monthly collection-thumnail

GST collection hits Rs. 1.5 trillion mark; 2nd highest monthly collection

The revenue for October is the second-highest monthly collection, next only to April 2022, and it is for the second time the gross GST collection has crossed Rs. 1.50 trillion

Finance

Nov 1, 2022

Banks place constraints on UPI transactions because of conflicting regulations-thumnail

Banks place constraints on UPI transactions because of conflicting regulations

A report claims that if the RBI assumes responsibility for UPI payment costs in the same way that it does for currency transactions, this disagreement can be resolved. Unified Payments

Digital Transformation

Oct 31, 2022

Utkarsh small finance bank gets sebi’s nod for 500 crore IPO-thumnail

Utkarsh small finance bank gets sebi’s nod for 500 crore IPO

Incorporated in 2016, Utkarsh commenced operations in 2017 and its product suite includes a range of deposit products, including saving accounts, salary accounts, current accounts, recurring and fixed deposits, and

Finance

Oct 26, 2022

<strong>RBI’s forex reserves declines to July 2020 levels.</strong>-thumnail

RBI’s forex reserves declines to July 2020 levels.

“India’s forex reserves declined to the weakest level since July 24, 2020, amid the central bank’s intervention. This time, the value of dollar and gold assets both declined amid revaluation

Finance

Oct 22, 2022

RIL to restructure and upscale its financial services business as Jio Financial Services Ltd-thumnail

RIL to restructure and upscale its financial services business as Jio Financial Services Ltd

RSIL(to be renamed Jio Financial Services Ltd.) is currently a wholly-owned subsidiary of RIL and is a Reserve Bank of India-registered non-deposit-taking systemically important (ND-SI) non-banking financial company. The board

Finance

Oct 22, 2022

Govt. eyes $7.7 billion valuation for IDBI bank in the proposed stake sale-thumnail

Govt. eyes $7.7 billion valuation for IDBI bank in the proposed stake sale

The valuation target means the administration is seeking a premium of roughly 33%, based on IDBI Bank’s market value of about $5.8 billion as of Thursday. Govt is pushing for

BFSI

Oct 21, 2022

Tracxn technologies jump 25% against the issue price on listing day-thumnail

Tracxn technologies jump 25% against the issue price on listing day

Tracxn is one of the leading global market intelligence providers for private company data and as per F&S, ranks among the top five players globally in terms of number of

Finance

Oct 20, 2022

<strong>UCO bank and YES bank partners with Russian banks to facilitate international trade in rupees.</strong>-thumnail

UCO bank and YES bank partners with Russian banks to facilitate international trade in rupees.

Under the mechanism, all exports and imports may be denominated and invoiced in rupees, with the exchange rate between the currencies of the two trading partner countries to be market

Finance

Oct 20, 2022

The UAE is trying to withhold technical corporations with special visas by Financing-thumnail

The UAE is trying to withhold technical corporations with special visas by Financing

Companies engaged in food, technology, and blockchain are being encouraged to establish their headquarters in the Middle East. The United Arab Emirates (UAE) seeks to tempt high-tech companies from the

Finance

Oct 20, 2022

ITC invests in Mother Sparsh in order to raise 100 crore-thumnail

ITC invests in Mother Sparsh in order to raise 100 crore

Mother Sparsh intends to raise around Rs 100 billion in Series B funding, while ITC Ltd is already investing Rs 13.5 million. Mother Sparsh plans to significantly expand its portfolio

Finance

Oct 19, 2022


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