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Prakash Industries receives ratings action from CARE

India, Feb. 28 -- Prakash Industries announced that CARE Ratings has assigned the Credit Rating CARE BB for long term facilities of the Company. Published by HT Digital Content Services with permissi... Read More


Board of MPS approves raising Rs 300 crore via equity issuance

India, Feb. 28 -- The Board of MPS at its meeting held on 28 February 2025 has approved raising fund up to Rs 300 crore by way of issuance of equity shares through qualified institutional placement. ... Read More


RBI imposes monetary penalty on IIFL Samasta Finance Limited

India, Feb. 28 -- The Reserve Bank of India (RBI) has, by an order dated February 24, 2025, imposed a monetary penalty of Rs. 33.10 lakh (Rupees Thirty Three Lakh Ten Thousand only) on IIFL Samasta Fi... Read More


RBI imposes monetary penalty on The Hongkong and Shanghai Banking Corporation Limited

India, Feb. 28 -- The Reserve Bank of India (RBI) has, by an order dated February 24, 2025, imposed a monetary penalty of Rs. 66.60 lakh (Rupees Sixty Six Lakh Sixty Thousand only) on The Hongkong and... Read More


Renewal of the Bilateral Swap Arrangement between Japan and India

India, Feb. 28 -- Japan and India renewed the Bilateral Swap Arrangement (BSA) effective today (Feb. 28, 2025).The Bank of Japan, acting as agent for the Minister of Finance of Japan, and the Reserve ... Read More


India and EU Strengthen Cooperation in Science and Technology during High-Level Meeting in New Delhi

India, Feb. 28 -- An India-European Union (EU) Meeting on Science & Technology Cooperation was held on 27th Feb 2025 at the Office of the Principal Scientific Adviser to the Government of India, Vigya... Read More


Partnership between EBID and EIB to promote climate action and environmental sustainability projects in the ECOWAS region

Luxembourg, Feb. 28 -- The ECOWAS Bank for Investment and Development (EBID), the European Investment Bank (EIB), with the support of the European Union (EU), today announce a €100 million finan... Read More


EIB and INWIT sign €350 million agreement to develop digital telecommunications infrastructure

Italy, Feb. 28 -- The European Investment Bank (EIB) has granted INWIT €350 million in funding to boost digitalisation and connectivity in Italy, so improving mobile coverage even in the most ru... Read More


EIB Group and Santander provide €163 million to support energy efficiency projects

Spain, Feb. 28 -- The EIB Group - made up of the European Investment Bank (EIB) and the European Investment Fund (EIF) - signed a new synthetic securitisation operation with Santander to provide finan... Read More


EBRD approves new investment strategy for telecommunications, media and technology sector

United Kingdom, Feb. 28 -- The Board of Directors of the European Bank for Reconstruction and Development (EBRD) has approved a new strategy for the telecommunications, media and technology (TMT) sect... Read More