Stay updated with the latest financial-services news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on financial-services topics.
HSBC India has launched HSBC Digital Merchant Services. This new solution simplifies payment processes for online businesses. Merchants can now manage various payment methods through a single platform. This includes cards, UPI, and net banking. The service aims to reduce operational costs and improve transaction insights. Mahanagar Gas Limited is an early user of this integrated payment solution. HSBC on Tuesday announced the launch of HSBC Digital Merchant Services (DMS) in India, a digital pa ...Read More >
Indian businessman B.R. Shetty, one of the well-known entrepreneurs in the UAE, has suffered a major setback after the Dubai International Financial Centre (DIFC) Court has ordered him to pay 168.7 million dirhams (around Rs. 408 crore) to the State Bank of India's DIFC branch. The court found that Shetty had lied under oath. He had denied signing a personal guarantee for a loan worth 183.5 million dirhams, but the court ruled that evidence clearly proved he had signed it. In a judgment issued ...Read More >
Paytm upgraded to 'Buy' by Axis Capital as credit-linked payments, stabilising merchant revenue, and tight cost control drive growth; FY27-28 EBITDA estimates raised 33-46%, with a Rs 1,500 price target implying 20% upside amid robust digital finance expansion. Axis Capital upgraded One 97 Communications, the parent company of Paytm, to a 'buy' rating, citing accelerating profitability driven by stabilising merchant payments, rising credit-linked payment products, and tight cost control. The br ...Read More >
Indian Renewable Energy Development Agency (IREDA), the public sector power financier, on Tuesday posted a consolidated net profit of Rs 549.33 crore for Q2 FY26, up 41.5% year-on-year (YoY) from Rs 388 crore in the same quarter last year. Post earnings announcement, shares of the company rose 4% to the day's high of Rs 155.85 on the BSE. Revenue from operations rose 26.2% YoY to Rs 2,057 crore, compared with Rs 1,629.55 crore in Q2 FY25, the company said in an exchange filing. Asset quality ...Read More >
Mumbai (Maharashtra) [India], October 10 (ANI): The Indian stock market on Friday ended on a strong note, driven by fresh foreign portfolio investors buying over the past three sessions. At the end of the trading session today, BSE Sensex was up 328.72 points or 0.40 per cent at 82,500.82, and the Nifty 50 at National Stock Exchange (NSE) was up 103.55 points or 0.41 per cent at 25,285.35. In today's session, sectors such as realty, energy, and consumer durables traded higher, showing strength ...Read More >
Pune (Maharashtra) [India], October 9: Bajaj Markets has enhanced its lending portfolio by offering access to more than 20 personal loan providers, giving individuals wider financial choices on a single platform. Also Read | India vs West Indies Best Fantasy Playing XI Prediction for 2nd Test 2025 and Who Will Win IND vs WI Test Match?. With personal loan amounts extending up to ₹55 Lakhs and repayment tenures up to 96 months, the marketplace ensures flexibility for both short-term and long-te ...Read More >
RBI Governor Sanjay Malhotra addressed the Global Fintech Fest 2025, urging India's nearly 10,000 fintech entities to responsibly innovate, serve the underserved, and embed data protection to help India become a developed nation by 2047. Reserve Bank of India (RBI) Governor, Sanjay Malhotra, urged fintechs to leverage India's digital public infrastructure to serve the underserved, innovate responsibly, and shape global digital finance. In his address at the Global Fintech Fest 2025 in Mumbai on ...Read More >
India's office leasing market achieved a record performance in the first nine months of 2025, with the absorption hitting 59.6 million square feet, a report said on Monday. Technology companies held the highest share in office leasing between January and September, said the report from real estate consultancy CBRE South Asia Pvt. Ltd. "As occupiers seek future-ready spaces, sustained preference for flight-to-quality assets continues to anchor this momentum. The sustained leasing in premium ass ...Read More >
Mumbai, Oct 8 (PTI) Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest here, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved. "Build for inclusion. While there may be higher profits to be made by deepening access to the haves and the privile ...Read More >
Mumbai: Reserve Bank Governor Sanjay Malhotra on Wednesday asked fintech firms to design products that are easy to use and accessible to all to help India achieve financial inclusion and become a developed nation by 2047. Addressing the Global Fintech Fest 2025 here, Malhotra also flagged the issue of growing digital frauds and made a strong case for making efforts to curb the menace. Quoting Apple founder Steve Jobs, Malhotra said, "Get closer than ever to your customers, so close that you tel ...Read More >
MUMBAI: The National Payments Corporation (NPCI) has launched a biometric authentication for UPI payments instead of the present PIN-based system. The biometric authentication will be performed on-device and can be used in place of the PIN that has been in use since the popular digital payments system was launched in April 2016. The new tool was rolled out by M Nagaraju, financial services secretary, at the global fintech summit here Tuesday. A biometric authentication is a more seamless, sec ...Read More >
New Delhi: The primary market is buzzing this week as LG Electronics India and Tata Capital prepare to launch their much-awaited initial public offerings (IPOs). Both issues are among the most anticipated of the season, with investors watching their grey market premiums (GMPs) and key subscription trends closely. These IPOs come at a time when the market is witnessing strong investor interest and robust participation across large-cap and mid-cap offerings. The LG IPO is drawing attention due to ...Read More >
Union Minister of Commerce and Industry, Piyush Goyal, on Friday held discussions with Singapore Prime Minister Lawrence Wong Union Minister of Commerce and Industry Piyush Goyal on Friday held discussions with Singapore Prime Minister Lawrence Wong to further strengthen the comprehensive strategic partnership between India and Singapore. In a social media post, Minister Goyal expressed his delight over the meeting, stating that the discussions reaffirmed the commitment of both countries to bu ...Read More >
New Delhi [India] October 3 (ANI): Union Commerce and Industry Minister Piyush Goyal undertook a three-day official visit to Singapore to further strengthen bilateral economic and trade relations between the two countries. The visit highlighted India's strong growth trajectory, commitment to investment-led reforms, and the vast opportunities available for global partners across manufacturing, infrastructure, financial services, and the green economy.During his engagements with Singapore's leader ...Read More >
New Delhi [India] October 3 (ANI): Union Commerce and Industry Minister Piyush Goyal undertook a three-day official visit to Singapore to further strengthen bilateral economic and trade relations between the two countries. The visit highlighted India's strong growth trajectory, commitment to investment-led reforms, and the vast opportunities available for global partners across manufacturing, infrastructure, financial services, and the green economy. During his engagements with Singapore's lea ...Read More >
Mumbai, Oct 3 (SocialNews.XYZ) Black Box, a leading provider of digital infrastructure solutions, on Friday announced a global strategic partnership with Wind River, an Aptiv company and global leader in intelligent edge software, to deliver next-generation edge and cloud solutions across industries worldwide. As part of this global partnership, Black Box has secured preferred status to deliver Wind River solutions in India and the Middle East. This strengthens Black Box's leadership in these ...Read More >
New Delhi [India], October 1 (ANI): Reacting to the Monetary Policy Committee (MPC) decisions, financial sector experts noted that the overall tone of the policy appears to be growth-centric, with a slight tilt towards concerns over economic momentum, while expressing significant comfort on the inflation front."The overall tone appears to be growth-centric with a marginal tilt towards concern on growth, coupled with significant comfort on the inflation trajectory. The greater clarity on growth i ...Read More >
Mumbai, Oct 1 (PTI) To enhance the resilience of the financial sector, the Reserve Bank on Wednesday announced that the expected credit loss (ECL) framework for provisioning is proposed to be made applicable to all financial institutions from April 1, 2027. Announcing the fourth bi-monthly monetary policy, RBI Governor Sanjay Malhotra said the ECL framework of provisioning with prudential floors is proposed to be made applicable to all Scheduled Commercial Banks (excluding Small Finance Banks ( ...Read More >
Tata Capital, financial services arm of Tata group, has set the price band for its ₹15,512-crore initial public offering (IPO) -- the largest in 2025 -- at ₹310-326 per share. Tata Capital, financial services arm of Tata group, has set the price band for its ₹15,512-crore initial public offering (IPO) -- the largest in 2025 -- at ₹310-326 per share. That translates into a steep discount to the stock's last traded unlisted market price of ₹735 apiece. The pricing has dealt a blow to sc ...Read More >
Mumbai: The market for unlisted shares, long seen as a sure bet, is facing a reality check. In recent months, marquee names such as Tata Capital and HDB Financial Services have set initial public offering (IPO) price bands significantly below their unlisted market levels, denting investor sentiment and forcing a rethink on how companies are valued in this unregulated space. These instances have dried up the demand for even some of the most popular unlisted companies, while their shares have mos ...Read More >
NEW DELHI: Average GDP growth rate of 12.2% is needed to start addressing India's underemployment challenge and a bigger push is needed for a pro-growth, pro-jobs policy agenda to tackle the country's high youth unemployment problem, a report by investment banking and financial services firm Morgan Stanley has said."In our base case, India's GDP will grow at an average of 6.5% over the coming decade, one of the fastest-growing economies globally. But this pace will not be enough to generate enou ...Read More >
BENGALURU/HYDERABAD: Donald Trump's H-1B visa crackdown will hasten U.S. firms' shift of critical work to India, turbocharging the growth of global capability centres (GCCs) that handle operations from finance to research and development, economists and industry insiders say. The world's fifth-largest economy is home to 1,700 GCCs, or more than half the global tally, having outgrown its tech support origins to become a hub of high-value innovation in areas from design of luxury car dashboards t ...Read More >
Anand Rathi Share and Stock Brokers debuted on exchanges with a premium. The listing was below unlisted market expectations. Its initial public offering saw subscription over 21 times. Institutional investors drove demand. The company reported financial performance. Investors will now closely monitor its ability to sustain growth and protect margins. Competition from other brokers remains a challenge. Shares of Anand Rathi Share and Stock Brokers listed with a modest premium on the exchanges on ...Read More >
New Delhi, Sep 30 (PTI) Shares of Anand Rathi Share and Stock Brokers Ltd on Tuesday ended with a premium of nearly 8 per cent over the issue price of Rs 414. The stock started trading at Rs 432.10, up 4.37 per cent from the issue price on the BSE. During the day, it jumped 10.74 per cent to Rs 458.50. Shares of the firm finally ended at Rs 445.65, up 7.64 per cent. At the NSE, the stock listed at Rs 432, a premium of 4.34 per cent. Shares of the firm later ended at Rs 445.55, a jump of 7.62 p ...Read More >
Mumbai- Benchmark indices Sensex and Nifty closed lower on Tuesday after a volatile session, marking the eighth consecutive session of southward movement due to relentless foreign fund outflows and caution ahead of the RBI's interest rate decision. Giving up early gains, the 30-share BSE Sensex declined 97.32 points or 0.12 per cent to settle at 80,267.62. During the day, it hit a high of 80,677.82 and a low of 80,201.15. In eight trading days, the Sensex has tanked 2,746.34 points or 3.30 per ...Read More >
Mumbai: Tata Capital, among the top three diversified financial services companies owned by India's largest conglomerate, will consider a fresh round of dilution in equity only after two-and-a-half to three years, a top official at the Tata Group entity said. The proposed ₹15,512-crore IPO, which will open for subscription early next week, will result in an 11.21% dilution in the promoter's stake. Tata Group owns 95.8% in the company, and of this Tata Sons holds 88% stake. The proposed IPO is t ...Read More >
Mumbai: Tata Capital, the financial services arm of the Tata Group, will hit the capital markets with its initial public offering (IPO) from October 6-8, with anchor bidding slated for October 3. The largest IPO of 2025 is expected to raise about Rs 15512, valuing the Non-banking finance company at Rs 1.31-1.38 lakh crore based on the price band between Rs 310-326 a share. This would be the biggest IPO of 2025 so far and among the largest in India, following Hyundai Motor India, LIC, and One9 ...Read More >
Mumbai, Sep 29 (PTI) Non-banking financial company Tata Capital has set the price band for its much-awaited Rs 15,512 crore Initial Public Offering (IPO) at Rs 310-326 per share, making it the largest issue of the year. At the top end of the band, the NBFC commands a valuation of about Rs 1.38 lakh crore. The maiden public offering will open for subscription on October 6 and close on October 8, with the anchor book bidding scheduled for October 3, according to a public announcement. The IPO, ...Read More >
MUMBAI: Tata Capital has launched the largest issue from the non-banking segment ever, with a Rs 15,512-crore primary share sale at a price band of Rs 310-326/share -- nearly half of the prevailing price in the unlisted markets. The issue, also the largest listing of 2025 so far, opens on October 6 and was delayed a week as the RBI mandate to go public ends on Tuesday. According to platforms tracking grey market activity, the company's shares are quoting at a premium. Investorgain reported a gr ...Read More >
New Delhi, Sep 29 (PTI) Homegrown Premier Energies on Monday announced securing multiple solar contract worth USD 19.95 million (around Rs 177 crore) Republic of Benin, West Africa. These projects are part of a national initiative by the Government of Benin to expand access to reliable, sustainable clean energy, Premier Energies said in a statement. Implementation will be carried out by Premier Energies in collaboration with the General Directorate of Energy Planning and Rural Electrification, ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.