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JMJ Fintech Q1 net profit rises 72.48% to ₹1.97 crore; AUM surges 82%JMJ Fintech reported a 72.48% year-on-year net profit increase to ₹1.97 crore. Assets under management rose 82.11% compared to the previous...
How India's digital infrastructure opened global markets to Indian investorsIndian residents' outward remittances have significantly increased, reaching a record USD 31.73 billion by FY2023-24. Digital reforms and i...
The next frontier in finance is not a bank. It is the machinery beneath itThe financial services landscape is evolving, emphasizing the importance of software and data infrastructures. In India, digital payments a...
Muthoot Fincorp appoints four lead managers for IPOIn a significant move, Muthoot Fincorp has engaged lead managers to facilitate its upcoming ₹3,000-crore initial public offering. The draft...
Andaman admin seeks firms to explore feasibility of AI data centre in Great NicobarThe Andaman and Nicobar administration seeks private companies for green AI data centres. Companies can explore feasibility for facilities ...
Welspun Living shares rally 11% after Q1 profit jumps 85% YoY. Should you buy, sell, or hold?In a notable rise, Welspun Living shares gained traction following the announcement of solid Q1FY27 earnings, showcasing an eighty-five per...
Bank of America's $1.9 billion Jio bet shows global banks want a slice of India's retail lending marketBank of America is set to invest a substantial $1.9 billion into Jio Financial's Jio Credit, marking a significant show of confidence in In...
Lawsuit seeks to ban Trump Media from charging for early access to president's posts on US policyA federal lawsuit seeks to halt President Trump's Truth Social paid service. This new subscription offers early access to policy posts for ...
Hinduja Group commits Rs 2,500 cr investment in Tamil NaduHinduja Group plans a significant Rs 2,500 crore investment across its Tamil Nadu businesses. This includes renewable energy projects and e...
Jio Financial shares jump 3% as Bank of America set to acquire 50% stake in Jio Credit for Rs 18,268 croreJio Financial Services shares: Bank of America agreed to acquire up to 49.9% in its lending arm Jio Credit through a Rs 18,268 crore joint ...
Bank of America invests around Rs 18,268 crore for 49.9% stake in Jio CreditBank of America will invest up to $1.9 billion in Jio Credit. This significant foreign investment aims to acquire nearly fifty percent of t...
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...
No more long queues or repeated visits to govt offices? UMANG has 2,575 services & DigiLocker has 72 crore users: Here’s how digital push is changing public servicesThe Government of India launched the Digital India programme in July 2015. Under the Digital India programme, the Government of India, sinc...
Unmasking digital syndicates: How public-private cooperation transforms cyber investigations in IndiaIndian law enforcement is leveraging blockchain transparency to combat financial crime effectively. Recent initiatives have focused on dism...
In financial services, trust comes before speed; AI doesn't replace itIndia is a compelling place to test that idea, because India has been quietly building something transformative. Only a decade ago, shopkee...
Withdrawal of zero MDR may jeopardise one of India’s most successful public policy innovationsThe Payment and Settlement Systems Amendment Bill has revived debate over MDR on UPI. While charges could support banks and fintech firms, ...
IMF flags rising financial stability risks as BigTech expands deeper into payments, lending and financial servicesThe International Monetary Fund (IMF) has warned that the growing role of large technology companies in financial services could pose risks...