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Once Valued At Rs.180 Cr, Why Cred Fair Sold For Rs.45 Cr

India, July 10 -- Venture debt firm BlackSoil has acquired rooftop solar loans provider Credit Fair in a slump sale. The transaction, completed on July 1 via a cash slump sale, saw BlackSoil acquire C... Read More


Once Valued At Rs.180 Cr, Why Credit Fair Sold For Rs.45 Cr

India, July 10 -- Venture debt firm BlackSoil has acquired rooftop solar loans provider Credit Fair in a slump sale. The transaction, completed on July 1 via a cash slump sale, saw BlackSoil acquire C... Read More


Government Mandates TReDS for All CPSE-MSME Invoice Settlements to Ensure Faster Payments and Improve MSME Liquidity

India, July 10 -- The Central Government has made it mandatory for all CPSEs to settle invoices of MSME suppliers through RBI-authorised TReDS platforms. The initiative aims to eliminate payment delay... Read More


Markets surge in early trade on buying in IT stocks; Sensex jumps nearly 700 points

Mumbai, July 10 -- Stock market benchmark indices Sensex and Nifty surged in early trade on Friday, driven by a rally in IT firms after TCS reported an increase in its June-quarter net profit and guid... Read More


Expert view: Recent correction has provided ample opportunities in large caps, says DSP MF's market strategist

Expert view, July 10 -- Sahil Kapoor, Market Strategist and Head of Products at DSP Mutual Fund, believes the recent correction has provided ample opportunities in the large-cap space to build a long-... Read More


TCS shifts to outcome-based AI deals, phases savings for clients

Bengaluru, July 10 -- India's largest IT services company is passing on automation savings to clients in a phased manner to preserve its margins, as it seeks to change the way it engages with customer... Read More


Expert view: Indian stock market may remain range-bound this year

New Delhi, July 10 -- The Indian stock market has seen a sharp divergence between foreign portfolio investors (FPIs) and domestic institutional investors (DIIs) so far this year. This year, FPIs have... Read More


NBCC gains on securing Rs 159-cr orders for Education Infrastructure Projects in Odisha

Mumbai, July 10 -- The orders include construction of a Mega Education Complex in Keonjhar district for the District Mineral Foundation, Keonjhar, valued at Rs 70.59 crore, and construction of DD Univ... Read More


Global PE firm Invus nears Rs.500 crore minority stake in restaurant operator Popo Ventures

New Delhi, July 10 -- Global private equity firm Invus Group is close to acquiring a minority stake worth about Rs.500 crore in Bengaluru-based Popo Ventures, according to two people familiar with the... Read More


Benchmarks rally for second straight day; IT, PSU banks lift Nifty above 24,200

Mumbai, July 10 -- Benchmark equity indices rallied sharply on Friday, with the Nifty closing above the 24,200 mark, supported by broad-based buying across sectors. Mid- and small-cap stocks also adva... Read More