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Business Economic & Finance Market Overview Press Releases

IIP Growth At 12-Month High Of 19.6% As Key Sectors Show Signs Of A Rebound

IIP growth of 19.6% is higher than our expectation of 14.5%, but has been statistically driven with all components witnessing high growth rates. Within manufacturing barring pharma, which had negative growth, all industries posted impressive growth. This was also reflected across the primary, intermediate and infra goods. Within consumer goods, non-durables registered feeble growth of […]

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Heightened Fraud Risk Hits Indian Businesses Hard, Kroll Survey Reveals

MUMBAI, INDIA – May 31, 2022: Kroll, the leading provider of data, technology and insights related to risk, governance and growth, has revealed the results of its latest Global Fraud and Risk Report, highlighting that organizations around the world are dealing with the rising costs associated with investigating allegations of serious misconduct. The report, based on a survey of […]

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Business Economic & Finance Fintech Funding Press Releases

PROSUS AGREES ACQUISITION OF BILLDESK BY PAYU FOR US$4.7bn

Acquisition of BillDesk will see PayU India become one of the leading online payment providers globally, handling a total payment volume (TPV) of US$147 billion Deal will bring Prosus’s cumulative investment in Indian tech to more than US$10bn Prosus CEO: “Payments and fintech is a core segment for Prosus, and India remains our number one […]

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