The Private wealth funds and family offices are stepping in to fill the gap left by banks and non-banking finance companies (NBFCs) in investments into alternative investment funds (AIFs) following the Reserve Bank of India’s tightened norms for financial institutions investing in AIFs. Vivriti Asset Management, which had a 15% share of banks in its […]
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Private sector banks have further consolidated their position in the lending market post Covid, backed by their expertise in retail and services sector lending. Their cumulative market share has risen to 42% at the end of March from 35% four summers back, when the Covid pandemic began spreading in India in March 2020, according to […]
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The Centre has changed a number of clauses in its model concession agreement to ease the market’s woes, but it remains to be seen whether these will be appreciated by the sector. India’s key infrastructure sectors – real estate, renewable energy and roads – are likely to see investments of Rs 15 trillion over the […]
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Representatives of several bodies that speak for the internet and mobile business expressed on Tuesday their concern about the draft Digital Competition Bill. They are the Internet and Mobile Association of India (IAMAI), Digital News Publishers Association, Alliance of Digital India Foundation (ADIF), Federation of Indian Fantasy Sports, and Cyber Cafe Association of India. Information […]
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The Government is planning to revamp the production-linked incentive (PLI) scheme for the telecom sector in a bid to quickly boost exports and incorporate more micro and small units into the manufacturing ecosystem. Funding for the expanded scheme may not be a challenge since the Department of Telecommunications (DoT) has surplus funds of more than […]
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