In 2009, Tata Capital’s Rs 500 crore bond issue was subscribed a tad over six times; the non-banking financial company (NBFC) retained Rs 1,500 crore. “We feel such bonds will become an instrument of choice for investors and other corporates, leading to the development of a strong corporate bond market,” said Praveen P Kadle,… Continue reading NBFC’s mission to diversify funding may see them struggle in the quest | Finance News
Tag: funding
Skilling start-up Disprz gets $30 mn in Series-C funding from Lumos, others
Disprz, a corporate learning and skilling start-up, has secured $30 million in a Series-C funding round led by Lumos Capital Group and 360 ONE Asset (IIFL). Kae Capital, KOIS and Dallas Venture Capital also participated in the round. The company will utilise the raised capital to expand into global markets and for product… Continue reading Skilling start-up Disprz gets $30 mn in Series-C funding from Lumos, others
Morgan Stanley reaches 70% of $1 trn of low carbon ESG funding goal
Morgan Stanley (Photo: Bloomberg) By Alastair Marsh Morgan Stanley said it’s more than two thirds of the way towards achieving its target to finance $1 trillion of low carbon and sustainability investments by the end of the decade. The Wall Street firm said in an ESG report this week that it… Continue reading Morgan Stanley reaches 70% of $1 trn of low carbon ESG funding goal
HC permits virtual production of Yasin Malik in terror funding case
The Delhi High Court on Friday directed that separatist leader Yasin Malik be virtually produced before it from jail in connection with the NIA’s plea seeking death penalty for him in a terror funding case. Allowing an application by the jail superintendent citing security concerns, a bench headed by Justice Siddharth Mridul said… Continue reading HC permits virtual production of Yasin Malik in terror funding case
HC to hear on Aug 7 plea to virtually produce Yasin Malik in funding case
The Delhi High Court on Thursday listed for hearing on August 7 a plea for virtual production of separatist leader Yasin Malik from jail in connection with the NIA’s plea seeking death penalty for him in a terror funding case. The application by the jail superintendent was adjourned after a bench of Justices… Continue reading HC to hear on Aug 7 plea to virtually produce Yasin Malik in funding case
UN to reduce food aid, cash payments to Afghanistan amid ‘funding crisis’
The United Nations’ World Food Program claimed that at least 38 out of 86 countries, including Afghanistan, where the WFP operates have either witnessed cuts in aid or have plans to do so shortly, reported Khaama Press. Carl Skau, the Deputy Executive Director of the World Food Program said apart from Afghanistan, these… Continue reading UN to reduce food aid, cash payments to Afghanistan amid ‘funding crisis’