Finance

By Adv. P. M. Mishra Despite an ongoing global pandemic, the direct selling industry all across the globe has been fructifying. Business entities involved in direct sales embraced the “new normal” and moved towards a digital course of action to promote their products and reach their customer bases. Direct Selling in India The Indian Direct Selling Association (IDSA) regulates direct Selling in India. IDSA connects the industry and policy-making bodies of the Government in order to facilitate direct Selling in India. The Model Framework for Guidelines on Direct Selling, which was notified on October 26, 2016, provided the basis for…

Green financing in post-pandemic India takes precedence as players like ReNew Power, Adani and SBI look to explore new opportunities Ahmedabad, November 5: A new form of financing has taken over in the post-pandemic world. Green financing has become the ‘next big thing’, attracting the attention of investors across the globe. The temporary disruption of the economy has revamped its outlook as terms like sustainability become more prevalent. Data from the Economic Survey 2019-20 revealed India to be the second-largest emerging green market. Transactions worth $10.3 billion were recorded in the first half of 2019 alone, highlighting the fast pace…

Mumbai (Maharashtra) [India], August 31: IDBI Intech Ltd., the technology-led business transformation organisation offering specialised solutions in the Banking, Financial Services and Insurance (BFSI) verticals, has successfully implemented their iAML (Anti Money Laundering) solution at India’s insurance giant, the Life Insurance Corporation of India (LIC). IDBI Intech is a dominant FinTech products and services organisation – focusing on strategic niche digital transformations for its clients. IDBI Intech has made steady investments in the latest industry solutions for the BFSI sector, with cutting-edge technology, customer satisfaction and market demand as top priorities. The next-generation technologies currently being leveraged include Blockchain, Cybersecurity, Artificial…

Bengaluru (Karnataka) [India], August 20: Shri. Murugesh R Nirani, Honourable Minister for Large and Medium Industries, Government of Karnataka, on Thursday, August 19, 2021 evening said that there is a need for a real and one-time single-window clearance for businesses. He added he knows the pain of industry, which has to deal currently with multiple approvals for the start of operations even after obtaining a single-window clearance from authorities. Shri Nirani, the Chief Guest at the 44th Annual General Meeting of the Bangalore Chamber of Industry and Commerce (BCIC), stated that he would soon meet industry bodies to seek suggestions to improve…

Marwadi Shares and Finance Limited (MSFL) has launched a quick and easy IPO application process on Telegram for its customers. Mumbai, August 20: Investing in stocks need time and know-how for a beginner, as customers look for efficient methods to save time while investing. MSFL launches a quick and easy IPO application process on Telegram for its customers. Users will now be able to apply for an IPO in a split of a second through Marwadi OMO, the digital customer service BOT created for MSFL clients. Commenting on the launch, Mr. Gaurav Bhojak, Chief Strategy & Digital Transformation Officer at…

Hyderabad (Telangana) [India], August 18: Tide, the UK’s leading business financial platform, having gained significant traction in the UK (over 6%  market share) and developed the right approach and mix of services to meet the diverse and changing needs of small businesses, announced in early 2021 that it had selected India as its first international market. India has a large pool of highly educated and talented people. Businesses from outside of India have access to a high calibre of people to adapt and grow the business to suit the market’s needs. Following a comprehensive research process conducted by Tide when…

Nowofloan launches a Digital lending platform aimed at paperless processes for anyone who requires Digital personal loans and Business Loans Surat, July 31: Nowofloan has launched the digital lending platform, which enables prospective retail loan seekers to get loans digitally from multiple banks and NBFCs through a paperless process at the convenience of their place and time of choice. The primary objective is to provide exceptional customer experience, personalized customer journeys, and scales the lending business through digitalization. Nowofln Service India Private Limited is India’s first most trustable multiple bank loan offer membership card provider company. Nowofln is a service-providing…