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World Bank Group’s IFC dips its toes in Indian venture debt, invests $25 million in Trifecta’s fourth fund

World Bank Group’s IFC dips its toes in Indian venture debt, invests $25 million in Trifecta’s fourth fund

Posted by By newsportaltoday September 18, 2025
“Providing more funding options to innovative startups, including flexible, cost-effective mechanisms such as venture debt, is essential for India’s economic growth and job creation," said Farid Fezoua, IFC global director…
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‘Your policies have been groundbreaking’: Bill Gates, Anand Mahindra, other industrialists wish PM Modi on birthday

‘Your policies have been groundbreaking’: Bill Gates, Anand Mahindra, other industrialists wish PM Modi on birthday

Posted by By newsportaltoday September 17, 2025
On Prime Minister Narendra Modi's 75th birthday, leading industrialists and businessmen across India and the world sent heartfelt messages, reminiscing their interaction with the leader.India is celebrating Prime Minister Narendra…
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Unilever appoints Indian-origin Srinivas Phatak as new CFO: Here’s how much salary he will get

Unilever appoints Indian-origin Srinivas Phatak as new CFO: Here’s how much salary he will get

Posted by By newsportaltoday September 16, 2025
Unilever PLC appointed Srinivas Phatak as its chief financial officer, replacing Fernando Fernandez who was promoted to chief executive officer following a board reshuffle.Phatak had been serving as acting CFO…
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South Africa Banks Pan Minister’s U-Turn on Credit-Law Changes

South Africa Banks Pan Minister’s U-Turn on Credit-Law Changes

Posted by By newsportaltoday September 15, 2025
(Bloomberg) -- South Africa’s top banking lobby group criticized the government’s withdrawal of proposed changes to the National Credit Act that were meant to help small firms secure loans. Trade,…
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Teck’s Founder Sought Merger With Anglo Before It Was Too Late

Teck’s Founder Sought Merger With Anglo Before It Was Too Late

Posted by By newsportaltoday September 14, 2025
(Bloomberg) -- Two years ago, when Glencore Plc proposed an unsolicited, $23 billion takeover of Teck Resources Ltd., the Canadian miner’s founder decisively rejected the idea. “Now is not the…
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Amazon suspends Palestinian engineer after criticism over Israel ties, he says, ‘I am left with no choice but to resist’

Amazon suspends Palestinian engineer after criticism over Israel ties, he says, ‘I am left with no choice but to resist’

Posted by By newsportaltoday September 13, 2025
E-commerce giant Amazon has suspended a software engineer who spoke against the company’s collaboration with the government of Israel. Ahmed Shahrour, a Palestinian engineer based in Seattle working for Amazon’s…
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