finance news

Strategies for Leveraging Business Funding

Expanding Horizons Strategies for Leveraging Business Funding to Propel Growth

Introduction In the bustling realm of Indian business, expansion isn’t just a goal; it’s a necessity for survival and success. Whether you’re a budding startup seeking to establish a foothold or an established enterprise aiming to conquer new markets, strategic utilization of business funding is paramount. In this guide tailored for the Indian context, we […]

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ESG Criteria in Business Funding

ESG Criteria in Business Funding: What You Need to Know

Why ESG Criteria Matter in Funding 1 Risk Management: 2 Reputation and Brand Value: Strong ESG performance boosts a company’s reputation and ensures compliance with evolving regulations, making it more attractive to lenders. How ESG Criteria Influence Funding Decisions Lenders evaluate ESG scores during the due diligence process, influencing loan approvals, interest rates, and terms.

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Ashneer Grover

Ashneer Grover Alleges Deliberate Fraud by BharatPe: and urges an RBI Investigation

New Delhi, India: Ashneer Grover, co-founder and former managing director of BharatPe, has raised serious concerns about the company’s shareholding practices. Specifically, in a letter addressed to Reserve Bank of India (RBI) Governor Shaktikanta Das, Grover alleges that BharatPe intentionally deceived the regulator by reintroducing Bhavik Koladiya to the company’s cap table. Consequently, these allegations

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Postpone of 45-day payment rule

The Finance Ministry is likely to postpone the implementation of the 45-day payment rule for MSMEs until April 2025.

The Finance Ministry is considering a significant change in the implementation timeline for the 45-day payment rule aimed at benefiting micro, small, and medium enterprises (MSMEs). According to sources, the enforcement of Rule 43B (h) under the Income Tax Act, which mandates payments to MSMEs within 45 days, is likely to be postponed. Background Story

The Finance Ministry is likely to postpone the implementation of the 45-day payment rule for MSMEs until April 2025. Read More »