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Francophone Africa-focused Janngo Capital set to get LP for startup fund

Finance

05 April, 2024

Francophone Africa-focused Janngo Capital set to get LP for startup fund

Janngo Capital, a Francophone Africa-focused multi-stage venture capital firm that backs tech-based small and medium enterprises, is set to rope ......

World Bank's Banga denies IFC cover up of abuse involving Kenya school investment

General

06 February, 2024

World Bank's Banga denies IFC cover up of abuse involving Kenya school investment

World Bank President Ajay Banga on Monday rejected allegations that the bank's International Finance Corp arm sought to cover up ......

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Regency Hospitals to tap investors for funding after seven-year hiatus

Healthcare

04 September, 2023

Regency Hospitals to tap investors for funding after seven-year hiatus

Uttar Pradesh-based Regency Hospitals Ltd, which counts investors such as the International Finance Corporation among its backers, is planning to ......

World Bank names Tata's Chandra, Temasek CEO, others to 'private investment lab'

Finance

11 July, 2023

World Bank names Tata's Chandra, Temasek CEO, others to 'private investment lab'

The World Bank on Monday named 15 chief executive officers including financiers and asset managers to a group launched by ......

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Aarti Industries taps offshore investor to pocket $130 mn cheque

Manufacturing

30 June, 2023

Aarti Industries taps offshore investor to pocket $130 mn cheque

Homegrown manufacturer of speciality chemicals and pharmaceuticals Aarti Industries Ltd is all set to receive its fresh investment in debt ......

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PE investors smell fresh opportunity in India's mired power sector

Infrastructure

14 June, 2023

PE investors smell fresh opportunity in India's mired power sector

The Indian power sector has been beleaguered on both upstream and downstream sides for the last several years now, mainly ......

World Bank set to launch more robust, transparent business climate rankings

Finance

01 May, 2023

World Bank set to launch more robust, transparent business climate rankings

The World Bank will announce on Monday a new methodology for assessing the business climate in up to 180 countries ......

World Bank cuts India current fiscal year growth forecast to 6.3%

Economy

04 April, 2023

World Bank cuts India current fiscal year growth forecast to 6.3%

The World Bank on Tuesday lowered its forecast for India's economic growth in the current fiscal year that started on ......

Former Mastercard chief Banga frontrunner to head World Bank

Finance

29 March, 2023

Former Mastercard chief Banga frontrunner to head World Bank

US Treasury Secretary Janet Yellen on Wednesday said she expected the US nominee to head the World Bank, former Mastercard ......

World Bank sees India growth slowing to 6.6% in FY24

Economy

11 January, 2023

World Bank sees India growth slowing to 6.6% in FY24

India's economic growth will slow to 6.6% in the next fiscal year from an expected 6.9% in the current year, ......