Microfinance institutions (MFIs) are facing challenges including rising delinquencies and seek government support, including a dedicated funding mechanism and credit guarantee.

Financial Services Secretary M Nagaraju encourages fintech companies to deliver innovative solutions while adhering to strict regulatory compliance, highlighting government and RBI initiatives.

Aadhar Housing Finance opens 5 new branches in Rajasthan, expanding its reach to 54 branches in the state and 560 across India. The company provides affordable home loans to low-income groups and...

Aadhar Housing Finance, catering to the affordable housing segment, expects its AUM to cross Rs 25,000 crore by March 2025, driven by strong growth and expansion.

Aster DM Healthcare completes acquisition of Prerana Hospital Ltd, owner of Aster Adhaar Hospital in Kolhapur, marking a significant milestone in its growth strategy.

Decorgeous Lifestyle, a luxury home decor store, has launched its first store in Chennai, offering over 40 global brands. The store features premium brands like Jensen, Wriver, Alsorg, Loris Zanca,...

Goa Tourism Minister Rohan Khaunte launched OYO's Accelerator program to mentor small hoteliers, providing financial support and access to technology to boost their businesses.

The National Company Law Appellate Tribunal (NCLAT) has set aside a penalty imposed on lenders of Mudra Denim for delays in the insolvency process, stating there was no laxity on their part. The...

Aequs, a leading contract manufacturer, plans to expand its aerospace manufacturing capabilities, set up an MRO facility, and hire 1,000+ employees by 2026.

TVS Motor's distributor Ezz LCV has opened a new assembly line in Egypt, boosting local manufacturing and creating jobs. The facility will produce popular models like TVS Apache RTR and TVS HLX,...

India's Agriculture Minister outlines a plan to enable farmers to sell produce directly to consumers, aiming to cut out middlemen and increase farmer income.

India's transport ministry proposes doubling the rebate on new vehicle purchases after scrapping old BS-II and older vehicles, aiming to reduce pollution.

Decorgeous Lifestyle, a luxury home decor store, has launched its first store in Chennai, offering over 40 global brands. The store features premium brands like Jensen, Wriver, Alsorg, Loris Zanca,...

Goa Tourism Minister Rohan Khaunte launched OYO's Accelerator program to mentor small hoteliers, providing financial support and access to technology to boost their businesses.

The National Company Law Appellate Tribunal (NCLAT) has set aside a penalty imposed on lenders of Mudra Denim for delays in the insolvency process, stating there was no laxity on their part. The...