British International Investment (BII), the UK’s development finance institution and impact investor, has extended funds to micro enterprises lender Aye Finance and affordable housing company Sewa Grih Rin (Sitara). Aye Finance has entered into definitive agreements for Rs 310 crore in Series F funding led by BII. Waterfield Advisors’ fund of funds and Aye’s existing […]
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters has strengthened its leadership team with the appointment of Vivek Anand as the new Chief Financial Officer (CFO) and Rachna Kumar as the Chief Human Resources Officer (CHRO). They will report to Niranjan Gupta, CEO, Hero MotoCorp. Anand is a Chartered Accountant by profession with […]
In an exclusive and illuminating interview, we had the privilege of sitting down with the charismatic and talented actor, Akkineni Naga Chaitanya. Known for his diverse roles and captivating performances, he graciously shared insights into his journey in the entertainment industry, the complexities of being a star kid, the delicate dance between artistic satisfaction and […]
While MSME lending will remain the core business for Indifi, the digital lender plans to explore opportunities in sectors adjacent to lending, Alok Mittal, co-founder and managing director, told FE.Mittal believes the impact of the hike in risk weights on unsecured credit needs to be watched. “We’ll wait and watch to see what that means […]
Delivering the Justice VM Tarkunde Memorial lecture on the topic: “Upholding Civil Liberties in the Digital Age: Privacy, Surveillance and Free Speech”, earlier this month, Chief Justice DY Chandrachud made a very important point with regard to the dangers of using social media platforms for dissent activism. “There is a flip side to adopting privately […]
Indian Railways, the largest employer in the country, has recruited over 4.8 lakh candidates in various group C posts, including level-1 and security-related posts, in the last nine years, according to the Minister of Railways, Communications and Electronic & Information Technology, Shri Ashwini Vaishnaw. In a written reply to a question in Lok Sabha on […]
In a bid to expand its fleet size and enter new cities, Gurugram-based all-electric taxi startup BluSmart has turned to individuals for investments through its Assure programme. As a part of the programme, individuals can buy an EV and lease it out to BluSmart for a period of four years in exchange for fixed monthly […]
By Rajesh Kachave In an increasingly globalised world, the pursuit of quality education abroad has become a transformative goal for countless aspiring Indian students. The interconnected world has encouraged many students to chase successful global careers. The dream of studying abroad has always been alluring but has become increasingly expensive in recent years. As the […]
Ritesh Agarwal, the founder of OYO, has announced the establishment of five healthcare centers for the underprivileged in Odisha over the next one year. The centers will be operated by the health-tech startup ‘Last Mile Care’, which already runs 11 health centers across India. The strategic placement of these centers aims to cover regions with […]
JSW Steel on Monday announced that it has reported consolidated crude steel production for the month of November 2023 at 22.04 lakh tonnes, up 11 per cent in comparison to the same period last year. It had posted crude steel production at 19.94 lakh tonnes during November 2022. While the production volumes for Indian Operations […]