IIFL Finance Limited (“IIFL”) has successfully raised USD 325 million through a Fixed Rate Senior Secured Bond, priced at a competitive coupon rate of 8.75% with a door-to-door tenor of 3.5 years. This issuance marks IIFL’s significant re-entry into the international bond markets after its debut offering in February 2020, further diversifying its borrowing profile. The…
Partnership empowers Dhoot Transmission Group to drive continued innovation, expand global reach, and capitalize on high-growth segments Dhoot Transmission Group (“Dhoot”), a leading manufacturer of automotive components, today announced a strategic growth investment from Bain Capital, a global private investment firm. Through an aligned partnership with Founder and CEO, Rahul Dhoot, Bain Capital…
YES BANK, in collaboration with the Reserve Bank Innovation Hub (RBIH) and S.P. Jain Institute of Management and Research (SPJIMR), has announced the launch of the Frictionless Finance Accelerator Programme. This initiative, unveiled on National Startup Day, aims to support fintech startups in addressing critical challenges, scaling their innovations, and driving financial inclusion. India’s startup ecosystem is thriving, with over…
5paisa Capital Limited (5paisa.com), which is one of India’s leading discount brokers today said that it has appointed technology and wealth management industry veteran Gaurav Seth as Chief Executive Officer as it aims to deepen its offerings for traders and investors and further bolster its tech platform. Seth has over two decades of experience building businesses at the…
EDITOR'S SYNOPSIS ● ACC and the Adani Foundation, partner with NABARD, to develop a 639-metre concrete irrigation channel, or ‘kuhl’, in Ropa village, Himachal Pradesh ● This irrigation channel benefits 14 farmers, covering 2.3 hectares of farmland in the village. ● The project replaces traditional kacha channels with pucca ones, reducing water wastage, ensuring timely irrigation,…
Choice Equity Broking Private Limited, one of India’s leading stock broking companies and the equity broking arm of Choice International Ltd., has announced an exclusive partnership with StockBee, an AI-powered news platform. This one-of-its-kind collaboration marks a revolutionary step in transforming how investors and traders access financial news, delivering real-time, personalized, and actionable insights through…
In an endeavour to ensure the safety and security of millions of devotees attending the Maha Kumbh Mela, this year, Maha Kumbh Police is further enhancing safety at the event with support from Eveready Industries India Ltd., the country’s leading flashlight and battery manufacturer. As part of the initiative, Police personnel deputed for the…
In light of recent media reports concerning a new online fraud called ‘Jumped Deposit’ Scam, we have observed certain inaccuracies and technical discrepancies in these descriptions, that has led to unnecessary panic and confusion among users about the UPI platform. We would also like to clarify that no instances of fraud, as described in the…
EDITOR’S SYNOPSIS · Ambuja Cement’s CSR Initiaitve Skill & Entrepreneurship Development Institute (SEDI) in Sankrail empower individuals like Sadhan Hansda to achieve financial independence. · Sadhan achieved this through vocational training at SEDI and significantly improved his lives and contribution to the community. Ambuja Cements, the cement and building material company of the diversified Adani Portfolio, continues…
– For the first time, Maha Kumbh 2025 will see mobile payment acceptance across parking, eateries, and experiences through Paytm's pioneered Soundbox and Card Machines – Launches 'Bhavya Mahakumbh QR' as a tribute to the spiritual significance of Maha Kumbh – Introduces 'Suraksha aur Suvidha ka Mahasangam,' an exclusive campaign offering Paytm Gold worth ₹1…
