IDFC First Bank has approved a me­rger with IDFC Ltd to simplify its corporate structure and e­nsure regulatory compliance. The­ merger ratio has bee­n set at 155:100, meaning that for eve­ry 100 shares of IDFC held by shareholde­rs, they will receive­ 155 shares of IDFC First Bank.

The selection of financial technocrat Pan Gongsheng for a paramount political role at the People’s Bank of China (PBOC) exemplifies mounting concerns within China’s leadership regarding systemic hazards in the

Czech tycoon Daniel Kretinsky expanded the size of his proposed value interest in Club Guichard-Perrachon SA as he contends with a triplet of French business chiefs to assume command over the obligation-loaded French store administrator.

A recent report by property consultancy Knight Frank reveals a significant shift in India’s real estate market during the first half of the calendar year 2023. The sales of mid-segment and premium homes have surpassed affordable homes, despite an increase in residential property prices across major Indian cities. The surge in demand for costlier homes has come at a time when the overall sales of residential properties experienced a marginal decline. This article delves into the key findings of the report, analyzing the factors behind this trend.

Indonesian President Joko Widodo has emphasized the importance of strategic cooperation with Australia in the field of electric vehicle (EV) batteries. The two leaders discussed this topic during an annual

The highly anticipated Rs 405-crore public issue is set to commence on July 4, boasting an enticing price band of Rs 301-317 per share. Investors have until July 6 to

During the most recent season of the Indian Premier League, the fantasy gaming platforms market in India had a significant surge. According to a RedSeer analysis, gross revenues of fantasy sports platforms in India reached INR 2,800 Cr during IPL 2023, up from INR 2,250 Cr in IPL 2022, thanks to a 24% YoY rise and a 30% CAGR.

JM Financial aims to secure a final close of the fund, including co-investments, at around ₹1,500 crores. As a testament to its confidence, the group has invested 10% of the capital as a sponsor commitment into the fund. The fund will primarily provide lending for scenarios where traditional banks face limitations, such as domestic acquisitions or partner buyouts.

Tushar Vashist, the creator and CEO of HealthifyMe, spoke with Mint about the company’s IPO prospectus, AI-based nutritionist Ria, future expansions, and his forthcoming musical event.

China’s recent move to impose export restrictions on certain metals commonly used in semiconductors, electric vehicles, and high-tech industries has escalated tensions with the United States and raised the potential for disruptions in global supply chains.

The decision came as a consequence of the disqualification of the winning bidder, Star9 Mobility, due to pending legal cases against them, introducing an element of perplexity to the situation.

According to the retiring founder of Taiwanese chipmaker TSMC, Technology globalization is taking a second seat to concerns such as national security and technological leadership, with US-China relations consisting more of competition than cooperation.