UAE, Singapore to accept RuPay payments from now on. Know what Nirmala Sitharaman said on RuPay payments in countries abroad.

Founded in 2010, Vistaar provides small business loans to shops, mills, hotels and manufacturers. It operates 196 branches in 12 Indian states and has lent more than $300 million so far, according to its website. It says it typically extends business loans of $1,200 to $60,000 for five to 10 years.

Alpha had raised its first round of capital in 2020 when it received investments to the tune of Rs 115 cr by selling a minority stake to a clutch of investors.

The company stated that ​​Kousgi will continue to function as the MD and CEO and discharge duties till the date of his relieving.

NIIF, India’s quasi sovereign wealth fund, currently has $4.3 billion of assets under management through a Master Fund, a Fund of Funds and a Strategic Opportunities Fund.

Most PE fund managers working out of India have received notices from the investigation wing of the income tax department seeking details of their income and assets abroad, said people in the know. Many of them have reached out to their tax advisers and lawyers to deal with the notices.

The court was deciding an appeal by the Securities and Exchange Board of India (Sebi) seeking a stay on voting by creditors because it wanted all bond holders to participate in such votes, contrary to the debenture trust deed (DTD) and central bank guidelines that expect only 75% of the bondholders to vote.

This new wave of digitalisation and online payments that has swept across the country with fintech innovations and a focus on building a digital economy.