Latest News | Polycab India Promoter Ramesh Jaisinghani Invests Rs 20 Cr in Telawne Power Equipments

Mumbai, Jan 21 (PTI) Polycab India promoter Ramesh Jaisinghani on Tuesday announced a Rs 20 crore investment into transformer solutions entity Telawne Power Equipments.

The investments have been done through his family office Vyom and Mastermind JPIN, a statement said.

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*** Skydo Technologies gets RBI nod to operate as Payment Aggregator-Cross Border entity * Cross-border payments firm Skydo Technologies on Tuesday said it has received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator-Cross Border (PA-CB) entity.

Skydo is among the first companies in the cross-border payments space to receive this authorisation, according to a statement.

*** Muthoot Finance says only gold loan entity in RBI's upper layer NBFCs list for 3 yrs * Muthoot Finance on Tuesday said it is the only gold loan entity to feature consistently in the RBI's upper layer NBFCs list for three consecutive years.

In Q2FY25, the company crossed the milestone of Rs 1 lakh crore in consolidated loan assets under management, the company said in a statement.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)