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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, ......

IFC proposes $400 million loan to HDFC

Finance

23 December, 2022

IFC proposes $400 million loan to HDFC

World Bank's investment arm, International Finance Corporation (IFC) has proposed to make a $400 million (around Rs 3,400 crore) loan ......

World Bank raises FY23 growth forecast for India

Finance

06 December, 2022

World Bank raises FY23 growth forecast for India

The Indian economy has demonstrated resilience despite a challenging external environment and is set to grow at 6.9% in 2022-23, ......

Warburg, IFC infuse additional funds in Avanse Financial

Finance

21 September, 2022

Warburg, IFC infuse additional funds in Avanse Financial

Avanse Financial Services Ltd, an education-focused non-banking financial company (NBFC), has raised Rs 390 crore ($48.7 million) from its existing ......