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Indian banks open cheque books for ₹10,000 crore-plus in M&A funding after RBI rule changeIndian banks have recently engaged in significant M&A deals after the central bank eased financing rules. State Bank of India and other len...
ArcelorMittal & SA's IDC close in on $610 m dealSouth Africa's Industrial Development Corporation has agreed to acquire ArcelorMittal SA's local unit for about $610 million. This anticipa...
Musk's mother of all mergers will birth a $3.5 trillion tech monsterElon Musk is considering merging Tesla and SpaceX, with both companies forming committees to evaluate the proposal. This merger could enhan...
US Market: Musk backs Tesla-SpaceX merger idea, envisioning a $3.5 trillion giantElon Musk backs the idea of a Tesla-SpaceX merger that could create a technology conglomerate valued at around $3.5 trillion. The combinati...
These 7 banking stocks have an upside potential of up to 28% in 1 year, according to analystsIf FPI selling returns to the levels seen in April and May, financial sector stocks are the ones likely to be hit the most. This would be i...
RBI tightens scrutiny of $1 billion-plus overseas investments amid rupee pressureThe Reserve Bank of India is implementing stricter scrutiny on large overseas direct investments by Indian companies. Banks must now collec...
Bond investing: 5 online platforms where you can easily open online account and invest in bondsMany investors are exploring high-yield bonds to secure consistent income through various platforms like Paisabazaar, IndiaBonds, Jiraaf, G...
Bank of America arm seeks CCI nod for up to 49.9% in Jio CreditA summary of proposed transaction noted this involves Jio Credit, a non-banking financial company within the Jio Financial Services group. ...
Flipkart-backed Super.money’s FY26 revenue triples to Rs 292 crore but loss widens 78%Consumer-facing UPI apps such as Super.money spend heavily on marketing to acquire customers before monetising them through credit and comm...
Moody's sees limited impact on Fairfax leverage from IDBI Bank takeoverFairfax Financial Holdings is preparing to acquire a majority stake in IDBI Bank in India. The Canadian investor's acquisition aims to enha...
Phone stolen in metro crowd, Rs 57,000 lost within an hour; SIM card used to take money from bank accounts without unlocking the deviceA phone worth Rs 60,000 was reportedly stolen in a metro crowd, followed by a loss of Rs 57,000 from a bank account within 45 minutes. A po...
India's net direct tax collections rise 13.21% to Rs 13.38 lakh crore till October 14 of FY27India’s net direct tax collections rose 13.21% year-on-year to Rs 13.38 lakh crore as of October 14 in FY27, while gross collections increa...
Fresh capital: How Jio’s market debut differs from recent mega-IPOsJio Platforms is gearing up for its initial public offering by pursuing a strategy focused solely on fresh shares. This means that no curre...
RBL Bank taps Emirates NBD network to expand NRI banking, Gulf businessRBL Bank aims to utilize Emirates NBD's global network to expand its corporate and trade finance services. The partnership will enable them...
Centre set to cross Rs 80000 cr disinvestment target for first time since FY19 after IDBI Bank stake saleThe Indian government is expected to surpass its budgeted disinvestment target of Rs 80,000 crore for FY27. A significant contributor will ...
These 7 private and public banking stocks have an upside of up to 25% in one year, according to analystsThanks to the US-Iran conflict, the economy has been dealing with higher oil prices for close to seven months. And if inflation starts to c...
UPI MDR rollout deferred beyond Diwali; date yet to be notifiedNPCI framework, announced on September 15, was scheduled to take effect on October 15. It prescribed a 0.4% fee on eligible bank account-fu...