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Britannia also said that the company will ramp up the production of other categories in the coming months.While FMCG companies have been facing the headwinds of ongoing slowdown, one of the leading biscuit makers Britannia said that the…

The total capital infusion for Jana Bank stands at Rs 2,947 crore.Bengaluru-based Jana Small Finance Bank on Monday said it has raised Rs 225 crore equity in the latest funding round from its existing investors – Jana Holdings, TPG Asia…

“The euro is now undergoing negative rates. You have to pay the bank to keep your money. So this is a very strange and opportune moment for India,” Mark Mobius said.Amid the ongoing economic slowdown, emerging markets champion Mark…

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The court is slated to hear the matter next on November 13.Lenders to Dewan Housing Finance Corp (DHFL) have filed an intervention petition at Bombay High Court, to be part of the main petition filed by mutual funds (MFs) against the…

The credit guarantee scheme was set up to enable cash-strapped NBFCs to raise money smoothly from banks for on-lending in priority sectors.The government is in the process of sanctioning Rs. 20,000 crore under the partial credit…

M&M continues to surprise on profitabilityMahindra& Mahindra’s (M&M) Q2FY20 Ebitda at Rs. 1,540 crore (down 16.7%) came 7% ahead of consensus driven by better product mix, price increase and tight leash on cost. Key positive…

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Nitin Gadkari (PTI)The government is in the process of formulating a policy on credit ratings for micro, small and medium enterprises to help investors and other players take informed decision, Union Minister Nitin Gadkari said on…

PayNearby said it has commenced a nationwide launch under its retail network of more than 7.5 lakh retail touch-points across the country.PayNearby, the hyperlocal fintech network builder, on Monday said it has launched its own mirco…