India
SMBC closes $200m syndicated loan for India’s HUDCO
HUDCO will use the funds to expand its social housing platform.
Intense heat wave slows down India's manufacturing growth in May
Lower work hours affected production volumes.
India’s non-life sector could see 15% growth in the medium-term
This would be driven by India’s GDP and disposable income levels.
52% of India’s health insurance policyholders indicate a premium increase
The industry’s premiums are expected to rise 10% to 15%.
Cyberattacks, data breaches top business risks in India: survey
Business interruption stands as the second-highest risk whilst talent retention challenges rank third.
India tops 2023 Global Retail Development Index
Saudi Arabia, China, Kazakhstan, Malaysia, and Indonesia also made it to the Top 10.
India's health insurance market to surpass US
The sector has the potential to grow 18% to 20% in the next two decades.
India’s commercial banks reports 17% higher net interest incomes
Banks also witnessed a 13.5% deposit growth for the quarter.
Non-bank and housing financers to see robust loan growth in 2024: Ind-Ra
Diversified large NBFCs might turn to public debentures.
Tata Communications triumphs at Asian Technology Excellence Awards with InterGlobe Project
Their collaboration with InterGlobe Enterprises yields remarkable results, showcasing their prowess in cloud technology and IT transformation.
Schneider Electric India reaps award at the Asian Technology Excellence Awards for MySchneider Electrician App
The App fosters a community of electricians to enhance efficiency and sustainability through innovative products.
World Bank provides $1.5b support for India’s energy transition
It will support the growth of renewable energy and green hydrogen development.
Azure Power names new CEO
He will assume the position on 10 July 2023.
India’s smart TV market climbs 28% in 2022 as consumers upgrade to bigger screens
“Made in India” smart TVs recorded the fastest growth last year.
NTPC posts record power generation in FY23
Its power generation increased 10.80% YoY to 400 billion units.
Aurionpro Solutions wins India Technology Excellence Award for Digital - Technology at the Asian Technology Excellence Awards 2022
Its automatic fare collection system provides an end-to-end solution for customers to pay for their transport services.
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