DOWNLOAD IPFS IIFL Home Finance Ltd (IIFLHF) has secured a $100 million (₹858 crore) loan facility from the Asian Infrastructure Investment Bank (AIIB) aimed at expanding affordable housing in India, particularly for low-income and economically weaker sections. The funding will also promote the development of green-certified residential projects, reinforcing India’s[Read More…]

DOWNLOAD IPFS State-run non-banking financial company IFCI Ltd has formally sought approval from the central government to consolidate its subsidiaries in a phased manner. The move is part of a broader restructuring aimed at streamlining operations and improving financial performance. According to officials familiar with the development, IFCI’s consolidation strategy[Read More…]

DOWNLOAD IPFS Investment firm Amara Partners is on track to close its debut private credit fund with commitments nearing ₹800 crore, according to people familiar with the matter. The fundraise marks a significant milestone as the firm prepares to officially launch its private credit operations in India. The Mumbai-based asset[Read More…]

DOWNLOAD IPFS JSW Steel, one of India’s leading steelmakers, has confirmed that it will allocate the majority of its ₹20,000 crore capital expenditure for FY25 toward expanding its Dolvi plant in Maharashtra. The company aims to boost the plant’s production capacity from 10 million tonnes per annum (MTPA) to 15[Read More…]

DOWNLOAD IPFS Market analysts have identified eight promising stocks ahead of Monday’s trading session, projecting potential short-term gains of up to 13%. Bajaj Finance and SAIL (Steel Authority of India Ltd) lead the list, with strong technical indicators pointing to near-term rallies despite broader market volatility. The recommendations come as[Read More…]

DOWNLOAD IPFS A growing number of small merchants across India are reportedly reconsidering the use of Unified Payments Interface (UPI) platforms due to concerns over unexpected tax burdens triggered by heightened scrutiny under the Goods and Services Tax (GST) framework. Multiple traders and small business owners claim they are facing[Read More…]