Petrol, diesel price hike may trigger chain reaction across economy, say expertsRising petrol and diesel prices are poised to escalate India's retail inflation, with economists forecasting a significant ripple effect on...
Axis Bank, HDFC Bank, other bank stocks drop up to 2%, Nifty Bank falls 440 points. What lies ahead?Banking stocks dragged the Nifty Bank index lower by nearly 440 points amid weakness in heavyweight lenders like HDFC Bank and Axis Bank. B...
India’s rupee defence faces tough test as capital flows stallIndia’s rupee faces sustained pressure as weak capital inflows and elevated oil prices strain the balance of payments. Despite RBI interven...
India’s heat wave creates new inflation risks after oil surgeIndia faces inflation risks from severe heat waves and predicted below-normal monsoon rains, exacerbating existing economic pressures from ...
Stocks in news: RIL, IDFC First Bank, Paytm, Sun Pharma, Manappuram FinanceIndian markets faced pressure extending a corrective phase. Key companies like RIL, IDFC First Bank, and Paytm reported their financial res...
Game of cards: Top banking players opt for tight gambit, rivals up the anteSince the start of the calendar year, major devaluations have hit multiple premium and super-premium cards, shocking the high spenders. No ...
Q4 impact: Bank stocks slump up to 32% in 3 months, but brokerages bet on SBI, HDFC Bank, 6 more stocks. Check whyBanking stocks have slumped up to 32% over three months, underperforming the Nifty amid FII outflows, rising oil prices and rate concerns. ...
Global Infra close to acquiring IDFC AltGIP’s current equity fund, Global Infrastructure Partners III, makes equity investments in high-quality infrastructure assets in the energy...
IDFC to exit $2.6 billion infra, PE funds businessThe move could lead to the senior management of IDFC Alternatives spinning it out as an independent entity backed by one of its global spon...
IDFC-Shriram merger deadline extended till November 8, 2017The two parties will work on the share swap ratio, due diligence and other details with of the merger in the next 30 days.
Shriram Transport investors not so sure about mergerIDFC group is more likely to benefit on the cross-selling front than Shriram group entities.
SFTC investors remain wary of benefits of IDFC-Shriram Group mergerAn analyst call held by management last Friday could not douse the concerns on what his merger would bring for STFC shareholders.
Deal to spice up Shriram & IDFC Group stocks: AnalystsThe mega merger is expected to help IDFC Bank enlarge its retail portfolio.
IDFC PE offers to return shares instead of moneyIn a rare proposal, IDFC private equity has offered to return shares in unlisted investment companies to its investors instead of returning...
IDFC eyes top talent for its bank, in talks with Paresh Sukthankar, Shyam SrinivasanAccording to sources, Sunil Kakar, IDFC Group’s chief financial officer, is likely to take over as the CFO of the proposed bank.
- GMR Energy raises Rs 350 cr from IDFC
GMR Energy, the flagship power venture of GMR group, has raised Rs 350 crore from IDFC Group for a significant minority stake.
- IDFC sells stake in HEL to PE arm
Infrastructure Development Finance Corporation (IDFC) has exited Hutchison-Essar by selling its stake in the holding company to group firm ...