IFC, HDFC Capital Launch $1 Bn Fund for Green Affordable Housing

Ganesh Narayanan Appointed MD & CEO of CA Grameen

CreditAccess Grameen Limited, India’s largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has appointed Mr Ganesh Narayanan as Managing Director and Chief Executive Officer for a five-year term, effective 5 August 2025. This follows approval from the Reserve Bank of India (RBI), which formalises the appointments already endorsed by the company’s Board and shareholders during the Annual General Meeting.Mr Narayanan brings over 27 years of experience in banking and financial services, having previously held leadership roles at ICICI Bank, Fullerton India Credit Co. (n..

Supreme Court Sets Rules on Regulatory Asset Recovery

The Hon’ble Supreme Court of India has, on 6 August 2025, pronounced its judgment and disposed of the Writ Petitions and Civil Appeals filed in 2014 by BSES Yamuna Power Limited and BSES Rajdhani Power Limited—both material subsidiaries of the company—regarding the recovery of Regulatory Assets.The petitions challenged non-cost-reflective tariffs, the unlawful creation of Regulatory Assets, and the delay in their liquidation. After extensive hearings involving State Governments and State Electricity Regulatory Commissions, the Court had reserved judgment on 20 February 2025.In its final ..

Mamata Secures Rs 85 Million Latin America Export Order Intro:

Mamata Machinery Limited, a leading provider of machinery solutions in the flexible packaging sector, has secured its first export order for a 9-layer blown film plant under its Co-Extrusion product segment. The order, valued at approximately Rs 85 million, has been placed by a new customer based in Latin America.This announcement follows the company’s recent receipt of its first domestic order for a 9-layer blown film plant. The advanced plant will be used to manufacture high barrier films for food packaging applications, offering enhanced protection and extended shelf life. Delivery is sch..