New Delhi, Apr 18 (PTI) The Competition Commission has cleared the proposed acquisition of a minority stake in BDR Pharmaceuticals International Pvt Ltd by Multiples Private Equity Fund III and other investors. Under the transaction, the minority stake would be purchased by Multiples Private Equity Fund III, SRF Transnational Holdings Ltd, Balkrishna Industries Ltd, Dharmayug [...]
The total value of loan assets securitised by non-banking financial companies, including housing finance firms, grew by around 43 per cent in the last fiscal year to Rs 1,25,000 crore, driven by quick economic recovery and lower base effect, a report said on Monday. The number of loans securitised by NBFCs (Non-Banking Financial Companies) and [...]
NEW DELHI, April 18, 2022 /PRNewswire/ -- HarperCollins India and Amar Chitra Katha today announced the launch of a brand-new carousel of Creative Writing workshops for children of the age group 7-14 years. Beginning 22nd of April, these workshops will be available in three different formats — a short (2-hour) session, a six-day (12-hour) programme, [...]
Beijing, Apr 18 (PTI) China's economy grew at 4.8 per cent in the first quarter, falling below the 5.5 per cent target set for this year by the ruling Communist Party, amidst a surge in COVID-19 cases, which prompted top business hubs like Shanghai to enforce prolonged lockdowns. The country's gross domestic product grew 4.8 [...]
New Delhi, Apr 18 (PTI) NBFC Advik Capital is open to exploring partnerships with financial technology companies as it looks to expand business, a top company official said on Monday. The company is looking to expand its personal loans, gold loans and consumer durable financing portfolios in addition to its corporate loan segment. "Advik Capital [...]
Colombo, Apr 18 (PTI) Beleaguered Sri Lankan President Gotabaya Rajapaksa on Monday appointed a new 17-member Cabinet that excluded his close relatives except Prime Minister Mahinda Rajapaksa, as he called for a "system change" amidst growing demand for his resignation over the worst economic crisis faced by the island nation. Sri Lanka is grappling with [...]
Lucknow, Apr 18 (PTI) Uttar Pradesh Finance Minister Suresh Kumar Khanna on Monday said despite the difficult situation amid the COVID-19 pandemic, the state's gross state domestic product (GSDP) increased by 40 per cent in the last five years.Despite the COVID-19 pandemic, Uttar Pradesh has achieved much better financial management. In the year 2016-17, when [...]
The partnership with ACSIS will help expand Wolken Software’s reach in the APAC region Bengaluru, Karnataka, India (NewsVoir) Wolken Software has partnered with ACSIS Technology, a system integrator company based in Sydney, Australia to expand its operations and deepen its penetration in Australia and New Zealand by making its Enterprise ServiceDesk for customer service, ITSM [...]
The conference brings more than 300 participants from across the country and deliberate on the impact of the construction industry post-pandemic Pune, Maharashtra, India (NewsVoir) Network for People of Construction, CLUBNPC, the non-profit organisation of Construction, Real estate and infrastructure industry organised its first annual conference, AAGAAZ 2022 in Pune. The Conference highlighted the issues [...]
New Delhi, Apr 18 (PTI) Digit Insurance on Monday said it has elevated Jasleen Kohli as the new Managing Director & Chief Executive Officer (CEO) of the company with effect from April 20. At 42, Kohli will become one of the youngest CEOs in the insurance industry, according to the company. Kohli will take over [...]
