New-age IPOs: Listing-day performance proves poor guide to long-term gainsSeven of 17 new-economy stocks that debuted at a premium to their issue prices now trade below them, an ET analysis of 27 companies showed....
Bank of America to acquire 49.9% in Jio Credit in potential Rs 18,268 crore dealJio Financial Services and Bank of America announced a significant joint venture agreement. The US banking major will acquire up to 49.9% i...
NFO Alert: Zerodha Fund House launches arbitrage fundZerodha Fund House has launched its Arbitrage Fund, an open-ended scheme targeting equity and derivatives price gaps. The NFO closes August...
Karnataka Bandh on August 13, 2026: Are banks open or closed on Thursday? Check bank holiday statusBank customers in Karanata may be wondering whether the statewide bandh will affect their offline banking services. Pro-Kannada organisatio...
361% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 4.61 lakhSGB premature redemption date: The Reserve Bank of India has announced the premature redemption price for the SGB 2018-19 Series VI, allowi...
RBI curbs on NBFC flexi credit may push lenders towards bullet loans, raise costs: KotakThe Reserve Bank of India's (RBI) proposed restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) m...
India is scanning more and withdrawing less as digital payments take overIndia’s payments network is shifting towards software-based channels, with UPI QR codes and online card transactions growing while ATMs and...
Purchase of bad loans by ARCs rises 56% in Q1Asset reconstruction companies bought twenty-six thousand three hundred four crore rupees of bad loans. This acquisition saw a fifty-six pe...
$20 billion bet: Where is Warren Buffett's successor spending Berkshire's cash pile after 14 quarters?Berkshire Hathaway became a net buyer of equities for the first time in 14 quarters under new CEO Greg Abel, spending nearly $20 billion on...
Parag Parikh Flexi Cap current underperformance not noteworthy; cash at 14-15%, HDFC Bank outlook unchanged: Rajeev ThakkarPPFAS Mutual Fund CIO Rajeev Thakkar said the recent underperformance of Parag Parikh Flexi Cap Fund is neither unusual nor significant. He...
How companies create fake cash in books, and take investors for a rideCash is the item on a balance sheet that most investors accept without argument. Revenue can be recognised early, inventory can be overvalu...
Loans against FCNR B deposits exempt from priority sectorThe Reserve Bank of India has announced an exemption for loans against specific foreign currency deposits, particularly fresh FCNR(B) and N...
Money debited but cash not received from ATM: Consumer Commission ordered bank to pay Rs 15,000 compensation; here's why customer wonA Kozhikode consumer commission has ordered Union Bank of India to refund Rs 10,000 and pay Rs 5,000 in compensation to a customer who said...
Can you get income tax notice for making digital payments through UPI, NEFT, RTGS, and IMPS? Know when it can be triggeredDigital transactions like UPI and NEFT can trigger income tax notices. These notices arise when transactions do not match your declared inc...
GetVantage secures Rs 63 cr in Series A1 round to scale Capital Gateway for MSMEsThe fresh injection is expected to unlock hundreds of crores in operational debt capital from GetVantage’s financial institution partners.
Cash flow financing firm GetVantage raises Rs 63 crore in equity, debtMumbai-based GetVantage secured sixty-three crore rupees in a funding round. This capital infusion was led by Rajeev Ahuja and SanRaj Group...
EbixCash World Money's perpetual RBI licence brings trade and family remittances within reach of millionsUnder RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, ope...