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How Bandhan became microfinance's comeback kid

Bandhan's acquisition of Gruh Finance helped pare down promoter holding to 62% and diversify into loan assets.

Ajio Business

Nov 19, 2019, 12.52 PM IST



Myntra to focus on luxe brands, track your fitness

Myntra will be rolling out new initiatives such as stylists on call, an embedded fitness tracker Myntra Move and hyperlocal services through its acquisition, Pretr.

US extends license for businesses to work with Huawei by 90 days

The extension, renewing one issued in August will allow carriers to continue...

Tata Steel unveils cost-cutting plans for Europe business, including job cuts

The Indian steel major said the changes were needed to ensure t...

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  • DXC Technology, a company spun off from Mphasis' erstwhile parent HP, contributed 24.1% of the mid-tier IT services provider’s revenue in the September quarter.

    The Citizenship (Amendment) Bill, which is high on the government’s agenda for this session, may face hurdles since some parties are strongly opposed to it. During the meeting, BJD demanded that a legislation be passed for creating a Vidhan Parishad in Odisha.

    A top Tata Steel official had earlier said that the steel major was looking to make European business stronger for which it would continue to explore various business options. The comments had come after its plans to merge European business with German steel giant Thyssenkrupp had fallen through. The company is now planning job cuts in Europe amid challenging market conditions.

    If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

    Studies suggest that customer’s behaviour has now been shifted to need-based decision rather than brand-driven decision. 70 percent of the word searches done on Amazon are for general goods.

    Union Minister Anurag Thakur said India continues to the fastest growing economy in the world even though many countries in the world are facing economic slowdown. He also said that a number of steps are being taken by the government to strengthen the economy that includes merger of banks and tax concessions to industries.

    Founded in Delhi in 2014, the Robin Hood Army operates in 158 cities in nine countries and serves an average of 200,000 people a week — without accepting any money for their services. It has served more than 26 million meals so far. When restaurants tell them they have surplus food, volunteers — who number more than 40,000 — use their own vehicles to pick and distribute the food.

    The wealth book is estimated to be about $200-250 million which may be valued between 2 and 5 percent of the book size.

    With Brexit on the agenda of UK companies, 26 per cent said that they planned to do more business with India as a direct result of the UK leaving the EU. This will be a further boost to the flow of goods, services and investment between the two countries, the UK India Business Council (UKIBC) said.

    “The programme, with its accent on conceptual building blocks and immersive learning experience through field trips and projects, will fill the long-felt need for a quality programme in the Fintech space in India,” said Madan Mohan Raj, chief programme officer, executive education programmes at IIMB.

    Asserting that terrorism and organised crimes harm trade and businesses, Prime Minister Narendra Modi on Friday expressed hope that efforts ...

    Digitally determined businesses are those that have the bigger picture in mind and plan a roadmap towards advanced changes with a view of the entire business.

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