sme

Mahindra Finance forays into MSME focused co-lending partnership with Lendingkart

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Mahindra Finance forays into MSME focused co-lending partnership with Lendingkart

MUMBAI: Mahindra & Mahindra Financial Services Limited, (MMFSL), a Non Banking Financial Corporation (NBFC), on Monday announced collaboration with Lendingkart,a fintech company. This co-lending partnership is set to provide business loans for the Small & Medium Enterprise (SME) sector and will boost Mahindra Finance’s product diversification strategy, while fostering financial inclusion for small and medium … Read more

IPO: IPO Street shines bright in 2023 on robust local demand, equity rally

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IPO: IPO Street shines bright in 2023 on robust local demand, equity rally

Mumbai: India reported the second-highest number of initial public offerings (IPO) in the world after China in 2023, according to data from Bloomberg. The world’s most populous and fastest-growing economy recorded 240 IPOs during the year helped by a steady inflow from domestic investors amid a buoyant stock market. Of these, 58 companies raised funds … Read more

Indifra Ltd Rs 14 crore SME IPO to close on December 27

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Indifra Ltd Rs 14 crore SME IPO to close on December 27

Gujarat Based Infrastructure Management Company, Indifra Ltd is planning to raise Rs. 14.04 crore from its SME public issue. The public issue opened for subscription on December 21 and closed on December 27. The Proceeds of the public issue will be used for funding investment for acquisition, meet working capital requirements, and General Corporate Purposes.Beeline … Read more

Embassy warns against delivery driver job racket in Kuwait

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Embassy warns against delivery driver job racket in Kuwait

MANGALURU: The Indian embassy in Kuwait has put out an advisory for Indians, who are coming to Kuwait to work as ‘restaurant drivers’ on employment visas. Once they land in the country, they are later deployed as ‘delivery drivers’ or ‘riders for food platforms’. The job has several traps that aspirants must be aware of … Read more

SME IPOs: Amic Forging, Graphisads among 6 SME IPOs set to hit the Street this week. Check details

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SME IPOs: Amic Forging, Graphisads among 6 SME IPOs set to hit the Street this week. Check details

An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. As per the data available on the PRIME database, Dalal Street is gearing up for another busy week in the primary market as six small and medium enterprises (SME) IPOs to … Read more