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Happy Wednesday! After the central bank's action on IIFL Finance, concerns have been raised over gold loan evaluation by fintechs and their partner banks. This and more in todays ETtech Morning Dispatch.
AET Displays, part of China's Guangda Group, invests Rs 200 crore in India for manufacturing expansion. They plan to strengthen local supply chain, enhance R&D, and establish sales centers in key cities.
AET Displays: AET manufactures LED displays for out-of-home advertising, shopping malls, business centres and counts Tata group, Shoppers Stop, and Chivas among its clients. Its LED screens measure 0.6 millimeter for indoors up to 10 millimeters for outdoor use.