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Bandhan to launch bank on August 23

General

17 June, 2015

Bandhan to launch bank on August 23

The country's top microfinance group Bandhan Financial Services has received the final approval from RBI to start its bank and ......

IFC invests $35M in PTC India Financial Services through NCDs

General

17 June, 2015

IFC invests $35M in PTC India Financial Services through NCDs

International Finance Corporation (IFC), the private sector lending arm of World Bank, has invested $35 million in sector-focused NBFC PTC ......

Jagran Prakashan promoters to sell 2.6% stake to Blackstone-backed holding firm

TMT

16 June, 2015

Jagran Prakashan promoters to sell 2.6% stake to Blackstone-backed holding firm

Promoters of Hindi media publication house Jagran Prakashan Ltd are to sell 2.63 per cent stake held in the public ......

Exports fall for sixth straight month

General

16 June, 2015

Exports fall for sixth straight month

India's exports continued the dismal performance in May falling for the sixth straight month, according to a report released by ......

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Arth Capital's fundraise flounders; partners now working with Gaja Capital

General

15 June, 2015

Arth Capital's fundraise flounders; partners now working with Gaja Capital

Three years after floating Arth Capital to raise a mid-market private equity fund, Sumit Chandwani, co-founder and partner at the ......

IDFC's Ajay Mahajan to head commercial & wholesale lending unit of upcoming bank

General

16 June, 2015

IDFC's Ajay Mahajan to head commercial & wholesale lending unit of upcoming bank

Financial services firm Infrastructure Development Finance Company Ltd (IDFC) has appointed Ajay Mahajan to head the commercial and wholesale banking ......

S&R Associates elevates Jabarati Chandra, Rachael Israel as partners

General

15 June, 2015

S&R Associates elevates Jabarati Chandra, Rachael Israel as partners

Delhi-based law firm S&R Associates has promoted Jabarati Chandra and Rachael Israel as partners. Chandra is based in Mumbai while ......

Top Infosys BPO executive Asheesh Mehra resigns to launch own venture Antworks

TMT

15 June, 2015

Top Infosys BPO executive Asheesh Mehra resigns to launch own venture Antworks

Asheesh Mehra, vice-president and head of Infosys BPO for Asia Pacific, Middle East and Japan regions, has resigned from the ......

Wholesale price decline slows in May as food and fuel get dearer

General

15 June, 2015

Wholesale price decline slows in May as food and fuel get dearer

Wholesale price of products, which has been declining compared with last year, remained soft but the pace of decline slowed ......

Consumer inflation rose in May but still moderate; industrial output picks up in April

General

12 June, 2015

Consumer inflation rose in May but still moderate; industrial output picks up in April

Consumer price inflation rose marginally to 5.01 per cent in May but remained in the comfort zone from a perspective ......

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