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Ashok Vaswani to step down as Kotak Mahindra Bank MD & CEO; bank begins search for successorIn a surprising announcement, Ashok Vaswani, CEO and Managing Director at Kotak Mahindra Bank, has decided to step down on December 31, 202...
Mind the gap: Financial products that women in India need but don’t haveIf India is serious about women-led growth, it must move beyond credit access and design finance for the agency of women.
Trump clean energy tax credit cutoff drives project rush as prices set to soarThe phaseout of the 20-year-old subsidies, accelerated under President Donald Trump's 2025 tax law, could drive contract prices for wind ...
Apple raises prices of MacBooks, iPads as memory costs skyrocketApple has increased prices for its iPad and MacBook models due to escalating costs of memory and storage chips, a surge fueled by the AI in...
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
Areion Assets Management launches $60 million AIF to tap India's special situations marketAreion Assets Management has launched a $60 million Category III AIF from GIFT City targeting India’s special situations market. The fund w...
FundsIndia raises Rs 44.6 crore through maiden secured NCD issueFundsIndia has raised Rs 44.6 crore through its maiden private placement of secured non-convertible debentures, marking its entry into the ...
India's asset wealth management AUM projected to reach US$ 1.7 trillion by 2030: PwC reportIndia’s asset and wealth management industry is projected to reach US$1.7 trillion in AUM by 2030, driven by rising retail participation, g...
Nisus Finance to raise up to Rs 4,000 crore through a real assets investment platformNisus Finance is launching a real assets platform to raise up to Rs 4,000 crore, targeting yield-generating and value-accretive real estate...
Angel One, CAMS and ICICI AMC among JP Morgan's preferred bets on India's SIP boomJP Morgan has initiated coverage of India’s capital markets sector with a bullish outlook, citing resilient SIP inflows and rising retail f...
Gold loans surge in Retail Mix; NBFCs outpace banks in market share gains: Experian reportA report by credit bureau Experian shows that gold loans have become a major driver of India’s retail credit growth, with their share in th...
NFO Alert: JM Financial Mutual Fund launches multi asset allocation fundJM Financial Mutual Fund has launched its new JM Multi Asset Allocation Fund, an open-ended scheme designed for long-term wealth creation. ...
India's 'fragmented' water management framework raises fiscal, credit risks: Moody'sIndia's water management system faces significant challenges, according to Moody's Ratings. A fragmented governance structure, heavily subs...
Early signs of stress emerge in MSME loans as West Asia disruptions worry banks: ReportLenders are concerned about the ripple effects of the West Asia conflict, which has disrupted supply chains and increased input costs for b...
Carlyle eyes $1 billion raise via auto, healthcare IPOsPrivate equity giant Carlyle is gearing up for significant IPOs in India, planning a $500 million listing for its automotive platform, High...
Indian banks turn cautious on MSME lending as stress signals emerge: ReportIndian banks are becoming more cautious about lending to MSMEs as early signs of stress emerge in the sector. According to a 360 ONE Capita...
Bain Capital CLO tranche defaults in post-2008 first for EuropeA European collateralised loan obligation managed by Bain Capital has defaulted on its most junior tranche, marking the first such failure ...
ET Alpha Wealth Summit | Wealthy Indians are quietly shifting money into gold, global stocks and AI infrastructure; Rajesh Saluja explains whyIndian investors are shifting focus from maximizing returns to building resilient portfolios. Experts advise diversification across assets ...
NARCL makes fifth exit with Rs 575 crore recoveryAgson Global, a manufacturer of aroma ingredients, was admitted to insolvency proceedings by the National Company Law Tribunal following a ...
ET Alpha Wealth Summit | From private credit to real estate funds, alternate investments are no longer a niche play for HNIs: Lakshmi IyerIndian wealthy investors are now looking beyond stocks for portfolio growth. A significant shift towards diversifying across various invest...