| 121 crores released towards Government of India co-contribution in Atal Pension Yojana (APY); Total number of subscribers registered under APY as on 12th April 2018 has crossed 97.60 lakhs New Delhi: The Government of India has released Rs 120.92 crore (US$ 18.43 million) as FY 2016-17 co-contribution to the Atal Pension Yojana (APY) and the subscriber base under the scheme has crossed 9.76 million as of April 12, 2018.... | Press Information Bureau | April 17, 2018 |
| KKR, Standard Chartered may invest in Max Life to fund acquisition plans Mumbai: Max Financial Services is going to raise Rs 5,000 crore (US$ 769.98 million) from KKR Capital Markets India, Standard Chartered Bank, TPG Global LLC and other co-investors to make an acquisition.... | Livemint | April 10, 2018 |
| Number of enrolments in PMSBY increase from 8.85 crore in the year 2015-16 to 13.41 crore in 2017-18 New Delhi: The number of enrolments under the Pradhan Mantri Suraksha Bima Yojana (PMSBY) through auto-debit has reached 134.1 million in 2017-18 from 80.85 million in 2015-16, according to Ministry of Finance, Government of India.... | Press Information Bureau | March 28, 2018 |
| 'Rs 1 trn investment needed to augment MRTS by 2030' Kolkata: India will require Rs 1 trillion (US$ 15.39 billion) towards augmenting its mass rapid transport systems (MRTS) by 2030, according to Mr Rakesh Ranjan, NITI Aayog advisor.... | PTI | March 14, 2018 |
| Zoomcar raises US$ 40 million in Series C from Mahindra, others Bengaluru: Zoomcar India Pvt Ltd, self-drive car rental start-up, has received investment worth US$ 40 million in a Series C funding round led by Mahindra & Mahindra, as well as existing investors such as Ford, Sequoia Capital, Empire Angels and ... | Livemint | February 16, 2018 |