INDIAN NEWS & TIMES

Friday, September 30, 2022

CredAble, India’s largest working capital tech platform catering to the working capital requirements of India Inc including large, mid, emerging corporates, MSMEs, and financial institutions is excited to announce the appointment of Mr. Satyam Agrawal as Managing Director – International Business. Mr. Satyam comes with 2 decades of experience in Banking, FinTech, and the SME Segment, in senior leadership roles with global banks. Prior to joining CredAble, Satyam was associated […]

Categories: Finance

Aviva India today announced the appointment of Sumithasri Eranti Venkataramagupta as Chairperson of Aviva Life Insurance Company India. She succeeds Mohit Burman, who served as the Chairperson for over 14 years and will continue to be a non-executive Director on the Board. Sumithasri has been associated with Aviva India as an Independent Director since February 2018. Commenting on this elevation, Sumithasri Eranti Venkataramagupta, said, “I am excited to delve into a new chapter […]

Categories: Finance

Ajay Vaswani has been promoted to Chief Business Officer for Alternate Investment Fund at The Investment Trust of India (ITI).  Ajay will be responsible for driving business objectives for ITI Long Short Equity Fund – AIF CAT 3 and ITI Growth Opportunities Fund – AIF CAT 2. In this role, Ajay will spearhead the strategy and execution for sales, distribution, business development, product and marketing functions for the Alternate Investment […]

Categories: Finance

 Easy Home Finance Limited (EASY), India’s leading Mortgage Tech Company, today announced the launch of one of its kind product, Foxcard to provide flexible loan against property. Foxcard will enable users to seek equity against their own property through EASY’s app, which will be  delivered to their doorstep. This will be an app-only application process. With the launch of this new product, EASY aims to achieve a live customer base […]

Categories: Finance

The Institute of Chartered Accountants of India (ICAI) organised the “Iconic Day” today on June 8th 2022 at New Delhi commemorating 75 years of India’s Independence as a part of country wide Azadi ka Amrit Mahotsav Celebrations. The event at New Delhi was inaugurated by the Chief Guest Shri Arun Singh, Hon’ble Member of Parliament (Rajya Sabha) and Guest of Honour, Shri Rajesh Verma, Secretary, Ministry of Corporate Affairs, Government […]

Categories: Finance

Clix Group (Clix Capital and Clix Finance), a leading non-banking financial services group with a strong pan-India presence, has entered into a strategic partnership with Tezzract Fintech Private Limited, to innovate and bring new age solutions for lending to MSMEs in India. Under this partnership Clix aims to lend an additional INR1000 crore to MSMEs by the end of this year. Through this partnership, both companies will build solutions to […]

Categories: Finance

The rebranding reiterates its vision and focus. Athera is a Sanskrit word that means ‘path’ and direction. The Indian-ness of the new identity aligns with its focus of investing in the Indian start-up ecosystem. The meaning reiterates its investment philosophy – that of being a companion to visionary founders on their path to success and prosperity. It further epitomises its demonstrated way of working with the founders it backs, of being available and supportive and playing the role of patient […]

Categories: Finance

Cardholders will enjoy the convenience of making high value transactions such as rent payments, or paying maintenance and school fees for any type of education, from primary school to university, from any mobile device while benefiting from additional liquidity and enjoying exclusive cashback and credit card rewardsEducation spends in India currently represent less than 5 percent of all online or e-commerce spends as consumers tend to rely on traditional modes […]

Categories: Finance

With Mothers’ Day around the corner, we often see people talking about motherhood, but seldom do we hear about single mothers and their hardships. A single mother steps into the shoes of a mother to care for her family and simultaneously into those of a father to be the breadwinner, challenging gender norms set by society. Financial duties, thus, become one of the most arduous elements for many single parents. Vinit […]

Categories: Finance

Strides Arcolab (BSE: 532531, NSE: STAR) today announced its financial results forthe quarter and year ending March 31, 2015(FY15) Consolidated Financial & Performance Highlights (Pharma& Biotech) INR Mn   Jan-Mar FY13-14 Q4 FY15 Growth % Apr-Mar FY13-14 FY15 Growth % Revenues 3,400 3,405 – 11,402 12,190 7% EBITDA 561 714 27% 1,965 2,520 28% EBITDA % 17% 21%   17% 21%   Adjusted PAT*   345     1,624   PAT Margin […]

Categories: Finance

  A year ago, Sajjad Pavne, a philanthropist with a vision to create an economic balance in society, started an initiative of sharing knowledge in the field of Capital Market under a group called ‘FRIENDS’ It all started when one day, Mr. Pavne was approached by one of his close friends, who was extremely depressed &  on a suicidal mode due to the losses he made in the Capital Market. Mr. Pavne was […]

Categories: Finance

Shri. S S Mundra, Chairman and Managing Director of Bank of Baroda ( Centre ), Shri P Srinivas (Left) and Shri Ranjan Dhawan (Right), Executive Directors of the Bank, during the Media Meet on Banks Quarterly Result Declaration for Quarter ended June 30th, 2013. <<<   >>> Net Profit at Rs 1,168 crore in Q1, FY14- up 2.6% y-o-y & up 13.5% sequentiall Operating Profit at Rs 2,452 crore in Q1, FY14 – up 8.8%, y-o-y & up 12.4% sequentiall […]

Categories: Business, Finance

Remit2India, World’s No. 1 Independent Online Money Transfer Portal for NRIs has added another useful solution to their existing gamut of services – BillPay2India, unique one-stop bill payment solution – for NRIs to manage their bills in India. This solution targets NRIs the world over who have families in India, need to pay bills or have investments and EMIs to take care of Today a lot of young Indians working out of the country […]

Categories: Finance

Shri M V Tanksale, Chairman & Managing Director of Central Bank of India flagS off the vehicles designed to give financial literacy to the rural villages of Maharashtra state. These vehicles are fitted with modern electronic equipments which will educate the villagers how to manage their finance. This is an unique effort through FLCC’s / RSETIS managed by the bank

Categories: Business, Finance