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...

Bank of Baroda officer steps down

The banks of India are facing Bankruptcy due to the forever changing norms of the Indian government amongst the global economic slowdown. The stepdown of a major official from Bank of Baroda is expected to change the finance and banking scene.

P.S. Jayakumar finished his term as Bank of...