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[Caspian Debt Gets $20 Mn Investment from US International Development Finance Corp](
May 08, 2020 03:02 pm
Caspian Debt on Friday said it has received an investment of USD 20 million (over Rs 150 crore) by US International Development Finance Corporation (DFC) as long-term debt. “The new facility, which is a combination of subordinated and senior debt will support Caspian Debt in providing customised, collateral-free loans digitally to professionally managed enterprises operating in high impact sectors in India,” a statement said. These sectors include microfinance, SME finance, affordable housing, affordable healthcare, sustainable […]
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[Indian Startup Dhiway Joins the ToIP Global Foundation as Founding Member](
May 08, 2020 02:46 pm
Cross-industry Coalition Advances Digital Trust Standards Governments, nonprofits and private sectors across finance, health care, enterprise software, and more team up with Linux Foundation to enhance universal security and privacy protocols for consumers and businesses in the digital era Dhiway, India’s first Verifiable Data Exchange Platform joined the Trust over IP (ToIP) Foundation as a Founding Steering Committee member, to help enable trustworthy exchange and verification of data between any two parties on the Internet. […]
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[FICCI and Cyril Amarchand Mangaldas Release FICCI Frames Report on âEntertainment Law Book 2020](
May 08, 2020 11:32 am
The Federation of Indian Chambers of Commerce and Industry, the oldest & largest apex business organization in India and Cyril Amarchand Mangaldas, India’s largest & leading law firm are delighted to release its joint report ‘Entertainment Law Book 2020’. This report presents regulatory developments in the field of TV broadcasting and distribution, music, radio, filmed entertainment and other segments in the Media & Entertainment space. It also includes several thought provoking articles on diverse topics, […]
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[Mahindra Launches Online Sales Platform amid Coronavirus Pandemic](
May 08, 2020 11:21 am
Mahindra & Mahindra (M&M) on Friday said it has launched an integrated online platform that will provide end-to-end sales experience for prospective buyers amid the coronavirus pandemic. Under the new initiative — Own-Online, a customer can finance, insure, exchange, accessorise and own a company vehicle, in four simple steps, from the comfort of their homes, the auto major said. “With our pre and post purchase online solutions already in place, reimagining the car purchase experience […]
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[A 17-Year-Old Kidâs Pharma Startup Grabs Funding from Ratan Tata](
May 08, 2020 11:03 am
Ratan Tata, who has pumped in hundreds of crores of rupees into start-ups since his retirement from the Tata Group, has invested an undisclosed amount in a 17-year-old kid’s pharma start-up Generic Aadhaar, in his personal capacity. Generic Aadhaar was founded by the Thane kid, Arjun Deshpande, in April 2019, when he was 16. It supplies quality generic drugs from reputed manufacturers at up to 80 per cent lesser cost and other medicines 20-30 per […]
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[Vista Equity Partners picks 2.32% Stake in Jio Platforms for Rs 11,367Â cr](
May 08, 2020 09:02 am
US-based private equity firm Vista Equity Partners will buy a 2.32 per cent stake in billionaire Mukesh Ambani’s digital unit, Jio Platforms, for Rs 11,367 crore, the company announced on Friday. “This investment values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore,” the company said in a statement. Vista’s investment will translate into a 2.32 per cent equity stake on a fully diluted […]
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[Minister unveils FLO Report on Women Participation in Indian Agriculture](
May 07, 2020 10:08 pm
FICCI Ladies Organisation (FLO) Report on Women Participation in Indian Agriculture was released by Shri Parshottam Rupala, Honâble Union Minister of State, Agriculture and Farmers Welfare, Govt. of India at a webinar held on May 7, 2020 in the Capital. FLO has collated the report on Women Participation in Indian Agriculture to analyse the role of women in agriculture and provide solutions on how women in agriculture can get their due share and be recognised. […]
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[HPE Deploys IoT, Cloud-enabled COVID-19 Test Labs and OPD Centers in India](
May 07, 2020 05:41 pm
Hewlett Packard Enterprise (HPE) today announced it has completed deployment of four COVID-19 Test Labs and four Outpatient Department (OPD) Centers across the country to assist the Government of India and state governments in their efforts to contain the COVID-19 pandemic. These facilities have been established in order to provide additional authorized testing facilities and isolation beds to manage the increased demand across the country. Donated as part of HPEâs commitment to India announced last […]
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