A Kotak Mahindra Bank arm on Wednesday announced it has acquired the passenger vehicle finance portfolio of the exiting Ford Motor Company's captive lending platform for an undisclosed sum. Kotak Mahindra Prime acquired Ford Credit India's loan po

Leading stock exchange NSE on Tuesday launched a new corporate governance initiative – NSE Prime-- that companies listed on the bourse can adopt voluntarily. This initiative will raise the bar for corporate governance standards in India, enable

With an aim to recover investors' money, markets regulator Sebi will auction eight properties of Vishwamitra International Infra next month for a reserve price of Rs 2.8 crore. These properties are vacant lands located in West Bengal, the Secur

Our wide distribution reach along with the depth of our product offerings makes us the preferred partner of MSMEs, asserts Nirav Shah, Chief Strategy Officer, U GRO Capital Ltd. What is your outlook on the Indian NBFC sector? NBFC sector i

The pullback rally in benchmark index Nifty continued for the second consecutive trading session. On Wednesday, the Nifty has gained over 1 and closed at the 16955.45 level and above its 5-day EMA level. The daily RSI has given positive crossover. G

Tata Medical & Diagnostics on Wednesday said it has indigenously developed a fast-testing solution for COVID-19 to significantly boost India's testing capacity amid the Omicron variant threat. The solution, Tata MD CHECK Express RT-PCR, can be

Get the right financing option for all your unique requirements Pune, Maharashtra, India (NewsVoir) Poonawalla Fincorp, formerly known as Magma Fincorp, is a trusted name in the industry for offering best-in-class services to their customers. With a

The State Bank of India (SBI) has acquired a minority stake in JSW Cement Limited, part of USD 13 billion JSW Group. The PSU Banking behemoth has invested Rs 100 crore in the company via compulsorily convertible preference shares (CCPS), a JSW Cem

Aditya Birla Sun Life Mutual Fund has collected over Rs 2,200 crore from over 1.18 lakh applications for its business cycle fund, which is an open-ended equity scheme following business cycle-based investing theme. The fund was open from November 15-

E-commerce major Amazon on Wednesday said it will acquire Prione Business Services - its joint venture firm with Catamaran, subject to requisite regulatory approvals. In August, Amazon and NR Narayana Murthy's Catamaran had announced that they wil

Singapore has enhanced safety measures for all airport workers who interact with arriving passengers at the Changi Airport here amidst the rapid spread of the Omicron variant overseas, the country’s civil aviation authority said on Wednesday. Ac

Equity benchmark Sensex surged over 600 points in early trade on Tuesday, tracking gains in index majors ICICI Bank, Infosys and Reliance Industries amid a positive trend in other Asian markets. The 30-share index jumped 635.96 points or 1.14 per