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FINANCIAL ENTITIES
RBI asks banks, payment firms to forensically clear tech environments in case of a data breachThe RBI has asked financial entities to remove management and administrative interfaces from public internet access, enforce multi-factor a...
Swiggy Q2 revenue jumps 36%; loss narrows to Rs 922 croreThe company’s food delivery gross order value (GOV) increased 17.7% year-on-year to Rs 10,054 crore, up 5.9% from the previous month. Swigg...
SoFi targets idle crypto cash with interest-bearing tokenized depositSoFi Technologies has launched an innovative tokenized deposit product that offers an attractive 4.2% annual interest rate. Funds deposited...
Europe's financial regulators query Google over cloud outage that hit banksThe European Banking Authority said that it has been in contact with Google Cloud to obtain further information on the incident, understand...
Govt to pitch 11 airports to global investors ahead of December biddingThe Indian government plans to hold promotional roadshows in international financial hubs to attract airport investors. Twelve airports are...
RBI tightens scrutiny of $1 billion-plus overseas investments amid rupee pressureThe Reserve Bank of India is implementing stricter scrutiny on large overseas direct investments by Indian companies. Banks must now collec...
Elon Musk pledges a share of his SpaceX company to 'every kid in America'Elon Musk has announced plans to gift one share of SpaceX to each child in America next year. This announcement came shortly after Anthropi...
Elon Musk pledges a share of SpaceX company to 'every kid in America'In a groundbreaking move, Elon Musk revealed his intention to distribute one share of SpaceX to every child in America. This announcement c...
Looking to ride India boom over next decade with IDBI Bank, says Fairfax chief Prem WatsaPrem Watsa, chairman of Fairfax Financial, has acquired a major stake in IDBI Bank, emphasizing India's economic growth potential. He belie...
Anthropic commits 5 pc of its stock to new 'public benefit' fundAnthropic has pledged to allocate 5 percent of its shares to a newly established public benefit fund, aiming to back a variety of charitabl...
Bandhan Fin to explore health insurance foray post stabilisation of recent acquisitions: Chairman GhoshBandhan Financial Services is exploring opportunities in the health insurance sector after recent acquisitions. The company intends to focu...
Explained: How AI agents exploited security gaps to access Indian companies’ dataCybersecurity agency CERT-In, which revealed the unauthorised access of business records, personal data and confidential information, has n...
New York City pension fund asks Anthropic to delay IPOThe supervisor of New York City's pension funds, one of the largest in the United States, asked Anthropic to postpone its stock market debu...
Fairfax must merge CSB or exit one bank within 2 years: DIPAM Secy Arunish ChawlaThe Cabinet Committee on Economic Affairs has approved Fairfax Financial Holdings' acquisition of a majority stake in IDBI Bank. The next s...
US announces new Iran-related sanctions targeting 16 people, 10 entitiesThe United States has imposed sanctions on 16 individuals and 10 entities connected to Iran's financial operations. US Treasury Secretary S...
Flipkart Internet’s revenue falls 19% YoY to Rs 16,295 crore in FY26Meanwhile rival Amazon India’s marketplace entity Amazon Seller Services reported a 15% increase in operating revenue to Rs 34,966.8 crore ...
Sebi notifies common ad code for market intermediaries; allows celebrity endorsement for brandsIn a significant move, Sebi has implemented a Common Advertisement Code aimed at managing how market intermediaries use celebrity endorseme...