Mahaveer Finance raised Rs 200 crore in its first venture round led by Elevation Capital. The Chennai-based NBFC plans to expand its loan book, invest in tech, and diversify into products like LAP. With 80+ branches across South India, it…
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Walmart’s supplier development program, Walmart Vriddhi, partners with Ideas to Impact Foundation (i2i) to empower an additional 100,000 MSMEs in India in the next three years.
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Siemens AG and its subsidiaries hold 69 per cent stake in SEIL, while Siemens Energy AG subsidiaries own another 6 per cent. The remaining shares are in free float.
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Real estate investment trusts (REITs) in top seven Indian cities currently have only 23 per cent of total REIT-worthy office stock (worth 520 million square feet) listed in their portfolios, showcasing tremendous scope in the future, according to a report…
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Audit experts are calling this step progressive which will help in decentralising audit concentration from large firms that hold the majority of the mandate. Presently an individual CA can conduct 60 audits in a year but the rule is not…
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Only a fraction of such units, 1,700 out of an estimated 6,000, have submitted plans for upgradation as per the newly-notified Good Manufacturing Practices (GMP), people in the know told ET.
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