Budget 2025: Lower outlay hits affordable housing stocks HUDCO, NBCC, others. Can RBI rate cut undo damage?Budget 2025 saw a 34% reduction in allocation for urban affordable housing, affecting major players like HUDCO and NBCC, whose stocks fell ...
IIM Calcutta completes final placements; 464 students get 529 offers from 194 companiesAccenture Strategy was the top recruiter among the consulting sector, which included firms like EY-Parthenon, Monitor Deloitte, KPMG, PwC, ...
SoftBank-backed fintech startup Juspay acquires LotusPay in all-cash dealThe acquisition strengthens Juspay’s offerings to the BFSI segment and merchants, with a focus on enhancing its recurring payment capabilit...
Sachin Bansal’s Navi in slow lane; New Year spike for health, wellness D2C brandsSachin Bansal’s fintech venture Navi had big ambitions to digitally disrupt the financial services sector, but two of its flagship products...
India tech startups see lowest funding in five years, just two unicorns in 2023Funding in India's tech startup ecosystem in 2023 has been the lowest in the last five years, dropping India's global ranking from 4th to 5...
ETMarkets Smart Talk: If you are a long term investor then diversify to other asset classes like gold and debt: Vijay Kuppa"The valuations in the midcaps and smallcaps are not yet very cheap. One must be very selective and have a bottom-up approach while investi...
After Friday’s pullback, broader market to resume downtrend in 1-2 days: Gaurav Bissa“For buy-call, I have a recommendation on CanFin Homes. The overall structure is looking very positive. A move above Rs 760 can move it tow...
InCred Fin plans to raise up to Rs 300 cr via NCDsThe NCD issue has a base size of ₹150 crore and an option for additional subscription of ₹150 crore, the non-banking financial company said...
Stock Radar: 45% up so far in 2022! This smallcap NBFC stock likely to hit fresh 52-week high in next 1-2 weeksThe smallcap firm rose from Rs 874 as on December 31, 2021 to Rs 1275 on July 15, 2022 which translates into an upside of over 45 per cent....
InCred, KKR merge NBFCs in all-stock deal, combined entity InCred Fin will have $300m equity baseOn a pro forma basis, InCred Finance will have an equity base of $300 million (about ₹2,226 crore) and a balance sheet of $750 million (abo...
Non-AAA rated NBFCs queue up for half of the government’s Special Liquidity SchemeMany nonbank lenders including Piramal Capital, Indiabulls Consumer Finance, IIFL Home Finance and Tata Motors Finance, have applied for lo...
eLender InCred acquires fintech platform QberaInCred, which is registered as a non-banking finance company with a licence from the RBI, has a loan-book size of about 2,100 crore.
InCred Fin, Carnelian Capital among 5 in race for IDFC securitiesThe buyout will be beneficial for entities without a broking business.
FinUp finances SlicePay in Series A, deal estimated at $15 millionFintech experts say such investments and partnerships are likely to help Indian entrepreneurs looking for funding as well as ideas from mor...
How alternative lending startups are rewriting traditional lending habits in IndiaA dozen of alternative lending startups have begun to scratch opportunity in small-ticket financing with diverse business models and financ...
InCred to offer loans through technology platformsFormer investment banker Bhupinder Singh has started a technology driven financing company InCred to address financing needs of various sec...
Startups help you tide over cash crunch with quick 'payday loans'The payday loan market in India is estimated at $10.27 billion (Rs 70,000 crore), with projections that it will touch $14 billion by year-e...