Dovetail Capital raises ₹100 crore in a Series A round led by Elev8 Venture Partners to expand its global asset-servicing business and technology platform.
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India’s Asset and Wealth Management Industry to Reach $1.7 Trillion AuM by 2030: PwC
India’s asset and wealth management industry is projected to reach US$1.7 trillion AuM by 2030, growing at 11.6% CAGR, says PwC.
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J.C. Flowers Acquires Stake in Niyam Group, Backs Niyam Syndicate 2047 at Lloyd’s
Niyam Group secures investment from J.C. Flowers & Co. and launches Niyam Syndicate 2047 at Lloyd’s to boost India’s reinsurance market.
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Bajaj Life Insurance Plans Pension Fund Arm and IFSC Insurance Office at GIFT City
Bajaj Life Insurance plans to apply for Pension Fund Manager and GIFT City licenses to expand retirement solutions and global insurance offerings.
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Bank of Baroda Underwrites USD 500 Million Foreign Currency Loan for ONGC Videsh Subsidiary
Bank of Baroda USD 500 million foreign currency loan strengthens GIFT City’s role in offshore financing and supports ONGC Videsh’s global operations.
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GIFT City: 49 Per Cent of Executives See Strong Growth, Says PwC India Survey
PwC India survey shows 49% of executives see high growth in GIFT City, with 63% planning relocation or expansion in the global financial hub.
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Bank of Baroda Receives IFSCA Approval to Join IIBX as Trading-Cum-Clearing Member at GIFT City
Bank of Baroda IIBX approval enables it to operate as a Trading-Cum-Clearing Member at GIFT City, strengthening India’s bullion market liquidity and efficiency.
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Bank of Baroda and HDFC Bank Anchor USD 750 Million Funding for NTPC Limited
NTPC Limited will utilize the funds to support capital expenditure initiatives, including capacity expansion projects, flue gas desulphurisation systems, renewable energy developments
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