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Hackers targeted US private equity, other firms including Blackstone, CME, data showsThe data shows the hackers devised websites aimed at stealing passwords from employees of private equity firms and companies including Blac...
SC pulls up banks over alleged nexus with builders in real estate casesIn a significant ruling, the Supreme Court has ordered lenders to proceed with prosecuting their officers implicated in a questionable alli...
Blackstone, KKR and other finance giants targeted in password theft hacking campaignU.S. financial firms and businesses faced phone-based hacking attacks recently. Hackers used fake websites to steal employee passwords and ...
SBI Life partners with J&K Bank to offer insurance solutions across IndiaSBI Life and J&K Bank have partnered to offer comprehensive life insurance solutions. Over one thousand J&K Bank branches will now provide ...
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...
Juniper Green Energy shares list at 9% premium over IPO priceJuniper Green Energy shares debuted with a nine percent premium over their initial public offering price. The company plans to use most of ...
Major Wall Street firms targeted in attempted cyberattacks, sources sayMajor Wall Street financial firms faced sophisticated cyberattacks recently. Hackers used phone calls to trick employees into granting acce...
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...
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.
Can Wall Street pay to get Donald Trump's posts first? Here's why it mattersTrump Media's new Truth API service offers ultra-fast access to influential posts. This subscription targets Wall Street firms for rapid tr...
Lack of proper training in credit monitoring among reasons for frauds: CVC to banksThe Central Vigilance Commission has advised banks on training to prevent frauds. Lack of proper credit appraisal and monitoring is identif...
When AI agents start fixing financial systems, trust becomes the real currencyAs AI agents move beyond detecting problems to resolving them autonomously, financial institutions face a new challenge: balancing speed wi...
Rejig of global tax reporting rules to cover digital financeThe revised guidance, issued by the central board of direct taxes (CBDT), lays down an updated compliance framework for reporting financial...
AI trade unwind, FII inflows brighten August outlook for Indian stocksIndian equities are expected to extend recent gains in August, supported by foreign fund inflows. Analysts anticipate a continued upward mo...
Real estate firm Assetz files IPO papers with Sebi via confidential route; plans Rs 1,200 cr issueAssetz Ltd, a prominent Bengaluru-based real estate developer, has embarked on its journey towards an initial public offering by submitting...
UAE freezes 'Desi Bling' star Satish Sanpal's assets over money laundering probeBesides the financial services accounts and digital wallets of Satish, the FIU freezing order, issued about a fortnight ago, extends to acc...
Govt extends IFSC Authority Chairman K Rajaraman's tenure till Oct 2028K Rajaraman's term as IFSCA Chairman has been extended by 27 months. He will continue in this role until July 31, 2026, or his 65th birthda...
Government sets up India Digital Payment Intelligence Corp to contain cyber fraudsIndia Digital Payment Intelligence Corporation has been established to combat cyber financial frauds. This new entity will share real-time ...
How AI fraud detection is reshaping banking and financial services in IndiaEvery digital payment, loan approval and investment decision carries an invisible layer of intelligence. AI products are quietly helping fi...
Banks, financial institutions reported fraud of Rs 1.42 lakh crore in last 5 years: MoS FinanceBanks and financial institutions reported Rs 1.42 lakh crore in fraud over five years. Recovery of Rs 6,389 crore was made during this five...