International Finance Corporation (IFC) is preparing to invest as much as $12 million or a tiny more than Rs 60 crore in Ahmedabad-based MAS Economic Solutions Ltd. The investment in the non banking financing organization (NBFC) might be by way of compulsorily convertible preference shares (CCPS). IFC has an existing exposure inside a couple of [...]
Posts Tagged ‘finance’
International Finance Corporation (IFC), the personal investment arm of Environment Bank, will invest in Ahmedabad-based Doshion Ltd, an organization engaged in h2o conduite. The deal dimension may very well be all around $25 million as well as the firm intends to invest the fund in new assignments, an individual particular person during the know of [...]
There are always some elements that are favorite subjects of discussion at every family gathering, have coffee meetings or conversations, as the latest movies, the latest results of the Indian cricket team and developing new housing in the city, and how the price is high and unaffordable. Stacks of newspaper columns and television minute has [...]
As well as bank financing appears to be more expensive with interest rates rising, consumers increasingly begun to turn to gold against the loan to meet their economic needs in the short term. It is clear that leading gold loan player Muthoot Finance Limited is seeking to increase its presence in the market now Gujarat [...]
Regulation of Securities Market and Exchange Board of India (SEBI) on Wednesday banned seven companies to issue shares and securities. It is also prohibited 10 other units, including some foreign institutional investors (FIIs) and sub-accounts of securities transactions for allegedly manipulating the markets through the issuance of global depository receipts (GDR). The capital market regulator [...]
With the aim of providing a platform for business opportunities and networking for students of MBA, Indian Institute of Management Ahmedabad (IIMA) will host a presentation on entrepreneurship on September 25. The event is jointly organized by IIED Between Club, the Center for Innovation Incubation Entrepreneurship (CIIE) and the Investment Committee. The fair, which was [...]
Already famous for its existence 50 years, IIM added another feather to his cap after he was ranked seventh in the Financial Times (FT) MBA rankings 2011. IIMA is the only business school from India to feature in the rankings this year after being ranked eighth in 2010. According to the FT results, IIM A [...]
BETA, along with UBS, has launched in its first phase in which the Minister of Finance yesterday nominated for the best 25 teams in the Indian B-schools were invited to participate. The event tests the team of four main areas of trade finance. Four sub-event, ie the Arbitrage (Capital Markets), DealMaker (Investment Banking), Leverage (PE [...]
Parts of Gujarat of taxes in the 12 Central Finance Commission has recommended that the period was Rs 24,716.93 crore. During the same period, 12 Finance Commission has recommended and recognized the amount of Rs 3,603.46 crore as the state of Gujarat. This was the SS Palanimanickam, Union Minister of State for financing the Rajya [...]
Muthoot Finance (MF), the nation’s largest NBFC funding or in the form of portfolio, said today that there has been an increase in average interest rates on financing or 1.9 percent within six months. “Our average interest rate on the financing of gold rose to 21.6 percent from 19.7 percent six months ago, an increase [...]
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