RBI proposes stricter data governance framework for banks, NBFCs; seeks feedback by Aug 17The Reserve Bank of India has proposed a new data governance framework. This framework aims to strengthen data risk management for financia...
TVS Venu Group firm Home Credit India to acquire Varthana Finance for Rs 967 croreThe acquisition will make Varthana Finance a wholly owned subsidiary of Home Credit India and a step-down wholly owned subsidiary of TVS Ho...
Warburg Pincus buys Mumbai’s pharma company Integrace in Rs 1,200 crore dealIn a landmark transaction, Warburg Pincus, a prominent US private equity firm, has purchased Integrace Private Limited for ₹1,200 crore. Wi...
Consumer loans hit a record in Q1 amid steep rise in electronic goods pricesConsumer financing reached new highs in the June quarter. This surge was fueled by greater financing of electronics and rising prices. Bank...
India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...
Time for investors and traders to think alike? 7 Nifty Auto stocks with an upside potential of up to 19%There are sectors that have not quite followed the war script. Take the auto sector, for instance. A surge in oil prices is supposed to be ...
For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf 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...
IT’s Rs 18 lakh crore m-cap rout; Info Edge, Ixigo post Q4 profitsA multi-month bear market has hit the valuations of India’s top 10 digital and technology services exporters. This and more in today’s ETte...
CCI okays Blackstone, other investors' proposal to acquire stake in AI firm Neysa NetworksIndia's competition regulator CCI has approved a deal. Blackstone-backed funds and other investors will acquire a stake in Neysa Networks. ...
Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
JP Morgan warns of FY27 earnings risk, says Nifty can fall to 20,500 in bear caseJP Morgan has cautioned that India’s FY27 earnings face significant risks from an extended energy and logistics shock linked to the Middle ...
Assam chief minister Himanta Biswa Sarma inaugurates TVS Credit Technology Centre in GuwahatiAssam Chief Minister Himanta Biswa Sarma inaugurated the TVS Credit Technology Centre in Guwahati, a key initiative under Advantage Assam 2...
TVS Credit records 40 per cent growth in Q2 net profit at Rs 134 crTVS Credit Services Ltd, a non-banking finance company, reported a profit after tax of Rs 134 crore in the July-September quarter, marking ...
CCI clears deal involving Premji Invest-TVS Credit ServicesIn a separate release, the Competition Commission of India (CCI) approved the proposed acquisition of additional unit holding in Highways I...
TVS Credit to focus on enhancing leveraging data and technologyTVS Credit Services Ltd, a non-banking finance company, plans to enhance customer experience by leveraging data and technology, said Ashish...
Carlyle, India's Premji Invest eye stake in auto loan firm TVS Credit: SourcesPrivate equity firm Carlyle and Indian billionaire Azim Premji's investment unit are in separate talks to invest about $150 million in TVS ...
TVS Credit aims 25% loan growth this fiscalThe company closed FY22 with a Rs 13,911 crore balance sheet and expects 25-30 per cent growth in the current fiscal, TVS Credit CEO Venkat...