In one of the biggest investments in the microfinance space in recent times, British International Investment along with existing investors Incofin Investment Management, Nordic Microfinance Initiative (NMI) and Dutch impact investor Triple Jump will be putting in about $25 million or ₹196 crore in Ahmedabad-based Light Microfinance, which has made strides over the past few years.
IndiGo profit falls on higher cost on older planes
The airline was forced to induct older planes due to grounding led by issues of Pratt & Whitney engines