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Rs 3 crore to Rs 4,925 crore: Sebi order gives details on Dhenu Buildcon market cap surgeSebi’s interim order alleges Dhenu Buildcon routed Rs 1,000 crore through connected entities as loans, later converting Rs 840 crore into e...
Tamil Nadu hikes CM health insurance cover to Rs 25 lakh, raises Aavin milk procurement priceTamil Nadu's Chief Minister C Joseph Vijay increased health insurance coverage to twenty-five lakh rupees. He also announced a hike in Aavi...
L&T Finance eyes Bengal expansion with 26 new gold-loan locationsL&T Finance plans to add twenty-six new locations by March twenty twenty-seven. This expansion aims to deepen its presence in West Bengal's...
L&T Finance plans 500 new gold loan branches this fiscalL&T Finance plans to open 500 new gold loan branches this financial year. This expansion aims to increase its network significantly and cap...
Navi’s FY26 loss widens fourfold on UPI investments; eyes FY27 profitabilityNavi reported a notable increase in net losses for FY26, largely attributed to its strategic investments in UPI and new market initiatives....
Paytm’s Vijay Shekhar Sharma sets $1 billion free cash goal, sees fintechs gaining lending shareVijay Shekhar Sharma, the founder of Paytm, has set an ambitious target of generating one billion dollars in free cash flow. He envisions t...
Pharmeasy parent clears Rs 1,050 crore debt, frees Thyrocare stake from pledgeThe debt repayment marks the latest step in API Holdings’ efforts to clean up its balance sheet after a difficult period struggling to rais...
Tamil Nadu CM C Joseph Vijay announces full waiver of cooperative farm loans upto Rs 75,000In a major relief for farmers, Tamil Nadu's Chief Minister C Joseph Vijay declared an extensive expansion of farm loan waivers, including f...
PhysicsWallah Q1 loss narrows 31%; retains FY27 growth targetThe company reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of Rs 52 crore, compared with a Rs 21 crore lo...
Tamil Nadu CM Vijay announces full waiver of cooperative farm loans upto Rs 75,000Tamil Nadu's Chief Minister announced expanded farm loan waivers on Monday. Cooperative farm loans up to seventy-five thousand rupees recei...
Tamil Nadu CM Vijay marks 100 days, highlights welfare push, farm relief and Rs 1 lakh crore investment commitmentsTamil Nadu's Chief Minister C Joseph Vijay marked 100 days of governance. The government launched welfare schemes for women and students. F...
Muthoot Fincorp appoints four lead managers for IPOIn a significant move, Muthoot Fincorp has engaged lead managers to facilitate its upcoming ₹3,000-crore initial public offering. The draft...
Muthoot Fincorp files draft papers for Rs 3,000 cr IPO to boost capital baseMuthoot Fincorp filed draft papers with Sebi for a Rs 3,000 crore IPO. The company aims to strengthen its capital base and fund business gr...
Neo Wealth buys a 9.9% stake in Keertana FinservNeo Wealth Partners has taken a significant step by acquiring a 9.9% stake in Keertana Finserv for Rs 230 crore, reinforcing its commitment...
Ananya Birla-promoted Svatantra Microfin files for Rs 3,000 crore IPOSvatantra Microfin has filed for a Rs 3,000 crore IPO, comprising Rs 1,500 crore fresh shares and Rs 1,500 crore OFS. Promoter Ananya Birla...
Sammaan Capital shares fall 4% after Q1 profit declines 27% YoY to Rs 243 crore, revenue drops 31%Sammaan Capital reported a 27% YoY decline in consolidated profit to Rs 243 crore in Q1FY27, while revenue from operations also fell. The c...
Banks to reveal loan rates every month in RBI's disclosure tweakThe Reserve Bank of India has proposed new lending rate guidelines. Regulated entities must declare lending rates monthly and reset floatin...
Microfinance asset quality improves further as loans at risk fall to 2.3% in June: CRIFMicrofinance asset quality stress eased further in June, with portfolio at risk falling to 2.3 percent. Aggressive write-offs of bad loans ...
Fusion Finance aims to cut microfin share, offer larger retail loansFusion Finance plans to reduce microfinance loans to seventy percent by fiscal 2029. The company will introduce larger individual loans whi...
Rs 20,000 crore credit guarantee plan misses the markBanks have disbursed merely seventeen percent of the credit guarantee scheme funds. Loan sanctions remain slow as banks show caution with s...