Opportunity India Desk

Standard Chartered Bank, India has partnered with Tata Motors for offering Supply Chain Finance Solutions to their passenger Electric Vehicle (EV) dealers. Currently Standard Chartered Bank offers inventory funding limits to the ICE dealerships of Tata Motors, across its Passenger and Commercial Vehicle businesses. The Memorandum of Understanding (MoU) will enable ...

Euler Motors, an electric vehicle company has successfully raised INR 120 crore in the ongoing round from bunch of companies. The series-C extension round saw a commitment from British International Investment (BII), the UK Government’s development finance institution and impact investor. BII is co-investing with Blume Ventures, in support of electric mobility and ...

Scheduled commercial banks extended INR 21.69 lakh crore in credit to micro, small, and medium enterprises (MSMEs) as part of priority sector lending in September 2023, an increase of 17.2 per cent compared to the INR 18.50 lakh crore deployed in September 2022, as per the Reserve Bank of India's (RBI) latest sectoral ...

In a rapidly evolving healthcare landscape, the integration of artificial intelligence (AI) has emerged as a transformative force. The World Health Organization (WHO) has recognized the immense potential of AI in healthcare and recently outlined key regulatory considerations to ensure its responsible implementation. Transparency and documentation, risk management, data validation and clear communication ...

IT services company Infosys has bagged a five-year deal with electric vehicle (EV) maker smart Europe GmbH to transform their Direct-to-Customer (D2C) business model in Europe. Under the deal, Infosys is also expected to provide enhanced customer experience, data-driven personalisation and engagement for the existing model smart. Jasmeet Singh, EVP and ...

Raymond Group on Friday announced its foray into aerospace, defence and electric vehicles (EV) components business and acquired 59.25 per cent stake worth INR 682 crore in Maini Precision Products Limited (MPPL). Raymond expects the transaction to be completed in the ongoing financial year, the company said in a stock exchange ...