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