The demerger was to transform the multi-sector conglomerate structure of the company into two separate sector-focused – financial services and pharmaceuticals — listed entities and command leadership positions in those

Slower economic growth may be a “necessary price to pay” given the urgent and pressing need to restore price stability, she said. Georgieva cited a growing risk of divergence between

Following the government’s announcement, Indian oil companies will have to pay Rs 6 per litre (around USD 12.2 per barrel) on exports of petrol and ATF, and Rs 13 per

Bharatpe said that it facilitated loan disbursal for over 1.2 lakh merchants during the quarter compared to 66,000 merchants that benefitted from the service in January-March quarter. Fintech firm Bharatpe

Vauld became the latest decentralized finance (DeFi) firm to be hit by the crypto market’s recent downturn. In its statement on July 4, the company said that its financial challenges

OneCoin was not backed by any secured, independent blockchain-type technology as other cryptocurrencies are. It was a classic Ponzi scheme, in which early investors are encouraged to find others and

Mumbai: As the craze for startups fades, valuations of several new-age companies have taken a beating in the market for unlisted shares, potentially delaying their plans to go public. According

The HDFC and HDFC Bank merger proposal is still awaiting a number of legal and regulatory approvals. On Monday, HDFC Bank announced that the RBI has approved its parent company

The industry intends to approach the regulator under the aegis of the Payments Council of India (PCI) and request it to let payments banks with a specific track record to

It has been alleged that the cabling for NSE’s colo rack was engineered such that Way2Wealth and GKN Securities got the benefit of lower latency, as opposed to other trading

Finance firms, including Aditya Birla Finance, Bajaj Finance and L&T Finance plan to mop up around Rs 6,000 crore on June 30 through bonds of various maturities. There is a

In retrospect, the year 2021 will be recognized as a watershed moment in the Indian startup ecosystem, as well as the frenzy among new-age enterprises to ditch their private brands