Nomura suggests the RBI might replace the unsecured WACR with a secured rate like TREPS or SORR to enhance monetary policy transmission, aligning with global practices. Secured repo markets have grown significantly, while call money market volumes remain stagnant. This…
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Elan Group, a Gurgaon-based developer, has secured Rs 250 crore from Piramal Finance. The funding will support the construction of a commercial project in Gurgaon. This follows a Rs 1,200 crore funding from Kotak Real Estate Fund last year. Elan…
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As disruption becomes the new normal, businesses must shift from traditional planning to connected planning for agility and resilience. Anaplan’s Amit Bagga, Sanket Deodhar, and Deepak Fertilizers’ Arun Bhanumurthy explain how Anaplan’s data-driven, real-time planning empowers organizations to navigate uncertainty…
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India’s tier-II and tier-III cities are experiencing a surge in IT hiring, outperforming major tech hubs in the first half of 2025. These smaller cities witnessed over 50% growth in IT jobs, driven by improved digital infrastructure, government initiatives, and…
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The Ministry of Commerce and Industry has concluded a hectic week with Union Minister Piyush Goyal travelling across the country from Srinagar in the north to Bengaluru in the south for chairing various meetings to give a fillip to exports…
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The new product involves banks and other financial institutions selling bad loans to special purpose entities (SPEs), which will issue securities to investors. These SPEs can appoint resolution managers (ReMs), including ARCs, to handle recovery processes.
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