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SKS Microfinance seals securitisation worth $51M

General

30 September, 2013

SKS Microfinance seals securitisation worth $51M

SKS Microfinance Ltd has concluded a securitisation transaction worth Rs 321 crore ($50.9 million) with a large unnamed public sector ......

CDC appoints UTI Capital's A Murugappan to lead Asia funds team

General

30 September, 2013

CDC appoints UTI Capital's A Murugappan to lead Asia funds team

UK’s development finance institution CDC Group Plc has roped in Alagappan Murugappan, known as Muru, as managing ......

Distressed assets investor WL Ross pays Rs 1.1Cr to SEBI to settle Spicejet case

General

27 September, 2013

Distressed assets investor WL Ross pays Rs 1.1Cr to SEBI to settle Spicejet case

Billionaire investor Wilbur Ross-headed global private equity group WL Ross has paid Rs 1.1 crore to Security Exchange Board of ......

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Capri Global retuning lending strategy; proposed realty-focused AMC behind schedule

General

27 September, 2013

Capri Global retuning lending strategy; proposed realty-focused AMC behind schedule

Capri Global Capital Ltd India (formerly Money Matters Financial Services), which switched its business model from financial advisory services to ......

Govt sets the ball rolling for pay hike for central government employees from 2016

General

26 September, 2013

Govt sets the ball rolling for pay hike for central government employees from 2016

Prime Minister Manmohan Singh has given his assent to the constitution of a new pay commission which would raise the ......

Slowing economy may force Chidambaram to wield budget knife

General

03 October, 2013

Slowing economy may force Chidambaram to wield budget knife

The finance minister may have to slice at least 200 billion rupees from government spending to prevent a budget blow-out, ......

US government partially switches off

General

01 October, 2013

US government partially switches off

The U.S. government began a partial shutdown on Tuesday for the first time in 17 years, potentially putting up to ......

Factory slump eases in September, orders still shrinking

General

01 October, 2013

Factory slump eases in September, orders still shrinking

Factory activity in India shrank for a second month in September, albeit not as sharply as in August, on a ......

Current account deficit expands to 4.9% of GDP in Q1 but narrower than expected

General

30 September, 2013

Current account deficit expands to 4.9% of GDP in Q1 but narrower than expected

India's current account deficit was narrower than expected at $21.8 billion, or 4.9 per cent of gross domestic product, in ......

Easy monetary policy risks new crises: Rajan

General

30 September, 2013

Easy monetary policy risks new crises: Rajan

Central banks risk sparking new crises by keeping their loose policy in place for too long, Reserve Bank of India's ......

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