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SENSEX OVER 35,000 POINTS, NIFTY AT 10,350
Highlights
• The S&P BSE Sensex is trading at 35,092.41 points, while the benchmark NSE Nifty50 index is at 10,373.70
• IT stocks were affected by the U.S. President Donald Trump's decision to restrict entry into the U.S. of certain foreign workers
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Shachindra Nath says 2019 was a challenging year for the financial services industry
Shachindra Nath, founder of U GRO Capital, seems to have reached a sweet spot in 2019, a challenging year for the financial services industry. Not only did his private equity-backed non-banking financial company (NBFC) get Flipkart co-founder Sachin Bansal to invest in October, but also top lende...
SOLV accomplices with Monetago for receipt financing
SOLV, a B2B trade commercial center, is banding together with MonetaGo to digitize receipt financing focused on some 60M SME in India. The association will see SOLV influence MonetaGo's developing Anti-Fraud Network and alleviate the dangers of twofold receipt financing extortion. (SOLV has r...