The reason NBFC stocks reacted quickly to the easing of the US-Iran war risk is not difficult to understand. For a lender, macro relief tra...

A year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...

French AI startup Mistral AI is reportedly in talks to raise approximately €3 billion ($3.5 billion) at a valuation of around €20 billion. ...

ATM operators are demanding ₹100 crore compensation from banks. State Bank of India is accused of sending most cash to big cities. This lea...

Foreign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...

A significant investment of $3.3 billion is set to boost India's semiconductor ecosystem. Intel, Odisha government, and 3D Glass Solutions ...

Despite the allegations surrounding Jeffrey Epstein, Bank of America wealth adviser Paul V. Morris maintained connections with Epstein for ...

The finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...

If the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...

Indian initial public offerings are poised for a strong comeback in the latter half of the year. Citigroup anticipates deal volumes to meet...

The three companies wanted a bench comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and Vipul M Pancholi to stop the hearin...

There are reasons to expect more volatility in the short term. The Street will adjust to the likely decline of both the top and bottom line...

Krishnan had earlier proposed increasing its gross written premium to Rs 600 crore in FY'15 from Rs 425 crore in last fiscal.

Magma HDI General Insurance Company is designing new products in the industrial risk cover space and plans to sale health insurance policie...

The two-way joint venture between HDI and Magma Fincorp will start operation with Rs 208 crore capital while Rs 100 crore is the paid up.

Germany's HDI-Gerling International has entered into a three-way partnership with India’s Magma Fincorp and Celica Developers to set up a n...

Magma Fincorp is foraying into insurance business. The company has just inked an agreement with German insurance major HDI-Gerling Internat...