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Tag: Finance
How the merger of HDFC and HDFC Bank may affect clients of HDFC FDs in terms of interest rates, depositors’ insurance, and withdrawal policies-thumnail

How the merger of HDFC and HDFC Bank may affect clients of HDFC FDs in terms of interest rates, depositors’ insurance, and withdrawal policies

By June 2023, there will be a merger of HDFC and HDFC Bank. The combined company will be called HDFC Bank. Customers of HDFC, whether they are depositors or borrowers,

Finance

May 10, 2023

Heard about the Securities and Exchange Board of India (SEBI)?- Check this article-thumnail

Heard about the Securities and Exchange Board of India (SEBI)?- Check this article

The Securities and Exchange Board of India (SEBI) is an authorized body that checks regulations on securities, which are tradable financial assets along with supervision of commodity markets in our

Finance

May 9, 2023

Fitch maintains India’s credit rating at ‘BBB-‘ with a stable future perspective-thumnail

Fitch maintains India’s credit rating at ‘BBB-‘ with a stable future perspective

On Tuesday, Fitch maintains India’s credit rating at BBB and projected a stable outlook, noting the nation’s formidable growth prospects and resilient external finances as principal strengths. As per the

Finance

May 9, 2023

RBI’s Dividend to Surpass Budget Estimates with Significant Forex Trading and Lower Provisioning Requirements-thumnail

RBI’s Dividend to Surpass Budget Estimates with Significant Forex Trading and Lower Provisioning Requirements

The Reserve Bank of India (RBI) is poised to amass significant gains from its foreign exchange dealings and loans to domestic financial institutions, which will translate to a substantial boon

Finance

May 8, 2023

In its fourth early-stage fund, 3one4 Capital raises $200 million-thumnail

In its fourth early-stage fund, 3one4 Capital raises $200 million

In the midst of one of the worst fundraising winters in recent memory for the third-largest start-up ecosystem in the world, domestic venture capital (VC) firm 3one4 Capital completed its

Finance

May 8, 2023

Alibaba logistics arm is considering an IPO in Hong Kong for $2 billion: Reports-thumnail

Alibaba logistics arm is considering an IPO in Hong Kong for $2 billion: Reports

According to individuals familiar with the situation, Alibaba logistics arm intends to raise up to $2 billion through an HK offering early in the next year, raising expectations for a

Finance

May 8, 2023

Paytm plans to use generative AI for fraud detection, customer service, and onboarding: Vijay Shekhar Sharma-thumnail

Paytm plans to use generative AI for fraud detection, customer service, and onboarding: Vijay Shekhar Sharma

The founder and CEO of the fintech company, Vijay Shekhar Sharma, announced on May 6 that, Paytm plans to use generative AI for fraud detection, customer service, and onboarding, customer

Finance

May 6, 2023

ABFRL would pay Rs 1,650 crore for a majority interest in TCNS Clothing-thumnail

ABFRL would pay Rs 1,650 crore for a majority interest in TCNS Clothing

According to Kumar Mangalam Birla, chairman of the Aditya Birla Group, “This deal is yet another marker of the Aditya Birla Group’s faith in the dynamism and buoyancy of the

Business

May 6, 2023

FTX receives clearance for a $50 million sale of LedgerX and asserts a $3.9 billion Genesis claim-thumnail

FTX receives clearance for a $50 million sale of LedgerX and asserts a $3.9 billion Genesis claim

As part of that bigger endeavour, FTX receives clearance for a $50 million sale of LedgerX and asserts $3.9 billion from Genesis Global Capital (GGC), the bankrupt lending arm of

Business

May 5, 2023

By FY26, UPI merchant payments will reach $1 trillion-thumnail

By FY26, UPI merchant payments will reach $1 trillion

According to Bain and Company’s Future of India Retail Payments report, which was released on Thursday, merchant payments over the Unified Payments Interface are anticipated to expand by 40 to

Business

May 4, 2023

The combined net at Ambuja Cements for the March quarter decreases by 10.86% to 763 crore-thumnail

The combined net at Ambuja Cements for the March quarter decreases by 10.86% to 763 crore

When compared to the same quarter a year prior, the business reported a net profit of 856 crore. The combined net at Ambuja Cements for the March quarter decreases by

Finance

May 3, 2023

RBI increases its gold holdings as it is ready for global instability-thumnail

RBI increases its gold holdings as it is ready for global instability

According to bullion market experts, the RBI increases its gold holdings by 10 tonnes in the March quarter, ranking among the top five gold purchasers during that time as central

Finance

May 3, 2023


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