Asian Development Bank.
Economy
‘Developing Asia' to shrink for first time in nearly six decades: ADB
The coronavirus pandemic will cause economic output in "developing Asia" to shrink for the first time in nearly six decades ......
Infrastructure
Can fledgling Avaada Energy tame profit fluctuations amid expansion, pandemic?
In June, even as most Indian businesses were trying to limp back to a semblance of normalcy following the nationwide ......
Finance
ADB slashes India GDP view, forecasts 4% contraction in FY21
The Asian Development Bank (ADB) changed its economic outlook for India from growth to contraction, as it projected that developing ......
Finance
China-backed AIIB approves $750 mn loan for India's virus response
Beijing-backed Asian Infrastructure Investment Bank (AIIB) has approved a loan of $750 million to help India battle the impact of ......
Infrastructure
Former Welspun exec's solar energy firm Avaada raising bridge round
Avaada Energy Pvt. Ltd, a solar energy company founded by serial entrepreneur Vineet Mittal, is raising a bridge round of ......
Finance
Annapurna Finance to raise funding as coronavirus roils MFIs
Microfinance institution Annapurna Finance Pvt. Ltd is in advanced discussions to raise equity funding from a few institutional investors, two ......
Finance
ChrysCap goes long on another private-sector lender with around $30 mn bet
India-focused private equity firm ChrysCapital has bought a small stake in a mid-sized private-sector bank, adding to its exposure to ......
Economy
ADB cuts growth forecast for India, other Asian nations on coronavirus fallout
Developing Asia's already-slowing growth is set to weaken sharply this year, hit by the fallout from the coronavirus pandemic before ......
Finance
Kedaara-backed Aavas Financiers to raise loan from Asian Development Bank
Affordable housing loan provider Aavas Financiers Ltd has signed an agreement with the Philippines-headquartered Asian Development Bank (ADB) for availing ......
Finance
Asian Development Bank commits $100 mn for NIIF Fund of Funds
National Investment and Infrastructure Fund Ltd (NIIF) is raising $100 million (approximately Rs 753.30 crore at current exchange rates) from ......
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