APN News

  • Wednesday, April, 2024| Today's Market | Current Time: 01:13:36

    • Finance

    NIIF invests USD200 mn in iBUS to Propel Digital Infrastructure Expansion in India

     Bengaluru  – National Investment and Infrastructure Fund Limited  (NIIF), and IBUS NETWORK AND INFRASTRUCTURE PRIVATE LIMITED (iBUS), a leading digital infrastructure solutions company in India, are delighted to announce an investment of around USD200 million in iBUS through NIIF’s Master Fund  to support the growth of India’s digital infrastructure. The funds raised will be deployed […]

    Finance

    Navi Health Insurance Study Reveals: 1 In 4 Believe Health Insurance Unnecessary For The Healthy

     A study by Navi Health Insurance highlights the top reasons why many Indians, despite being aware of Health Insurance, hesitate to buy health insurance leading to low adoption in India. 1.           Insurance: Complex and Confusing –            1 in 2 Health Insurance non-users perceive insurance as a complex product to understand. 2.           Healthy = No Insurance […]

    Finance

    Muthoot FinCorp Limited announces XVI Tranche IV series of NCDs, aims to raise Rs.360 crore

     Bengaluru : Muthoot FinCorp Limited (MFL or “Company”) the flagship company of 137-year-old Muthoot Pappachan Group (Muthoot Blue) has announced XVI Tranche IV series of secured, redeemable, non-convertible debentures (“NCDs”) to raise an amount aggregating to ₹360 crore which is within the shelf limit of ₹1100 crore. The tranche IV issuance amounts to ₹100 crore […]

    Finance

    DBS Bank leads USD 100 Million Syndicated ECB Loan for HDFC Credila, India’s Largest Education Loan Focused NBFC

       DBS Bank Ltd. has led a syndicated External Commercial Borrowing (ECB) loan for HDFC Credila Financial Services Limited (HDFC Credila) through the DBS IFSC banking unit in Gujarat International Finance Tec-City (GIFT City). HDFC Credila is an erstwhile subsidiary of HDFC Limited (now HDFC Bank) that focuses on the education loans business. As the […]

    Finance

    ICICI Lombard Enters into a Strategic Partnership with Policybazaar

     Mumbai : In a significant move, two leaders have come together to enter into a partnership – ICICI Lombard, India’s leading private general insurance company and Policybazaar, India’s biggest insurance platform. The strategic partnership brings together the comprehensive product portfolio of ICICI Lombard and wide reach of Policybazaar, promising accessible insurance solutions for Indian consumers. […]

    Finance

    Mirae Asset Capital Markets launches Business Partner (Authorised Partner) program with 100% brokerage sharing

     Mumbai: Mirae Asset Capital Markets (India) Private Limited, one of the leading financial powerhouse with a global presence across 19 markets, has unveiled its groundbreaking ‘Mirae Asset Partners’ program. This initiative is set to revolutionise the broking landscape by empowering business partners with unlimited earning potential, flexibility, and the support of Mirae Asset’s global expertise. […]

    Finance

    Green, Social, and Sustainability Bonds: NSE collaborates with IFC and Climate Bonds Initiative for industry wide knowledge enhancement workshops

     Bengaluru : The National Stock Exchange of India (NSE) is pleased to announce the completion of its inaugural deep-dive workshops specifically designed with focus on various sectors of the Indian industry. These pivotal events were held across two days at different venues: the first in Mumbai on April 3, 2024, and the second in New […]

    Finance

    PNB Housing Finance scales new milestone, widens its distribution footprint to 300 branches across India

     Bengaluru : PNB Housing Finance, one of India’s leading housing finance companies, today announced the successful expansion of its distribution network to 300 branches across India. This strategic growth marks an important milestone in its journey towards providing accessible and varied housing finance solutions to customers. Spread across 150+ unique cities in the country, PNB […]

    Finance

    Synchrony Earns Accolades in Ambition Box Employee Choice Awards 2024

     Hyderabad : Synchrony, a premier consumer financial services firm celebrates its remarkable achievement in the Ambition Box Employee Choice Awards (ABECA) 2024, highlighting its position as one of the top workplaces in the mid-sized category. Synchrony achieved a trio of success, being recognized among the Top 20 Mid-Sized Companies, and ranked 3rd among Top Rated […]

    Finance

    CredAble Achieves a Milestone Aggregate Throughput of USD 8 Billion Across its Working Capital Finance Platforms

     Mumbai : CredAble, India’s largest working capital tech platform, announced a record-breaking milestone aggregate throughput worth USD 8 billion for the financial year 2023–24. The company maintains an industry-leading average invoice period accelerated by 73 days, with over 2.5 million invoices processed on its platforms. CredAble’s licensed software serves over 125 large corporates, offering an […]

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