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IDFC FINANCIAL HOLDING COMPANY
CCI clears TVS Group's acquisition of PGIM India AMC, Temasek-Romsons dealIndia's fair trade regulator CCI has given the green light for TVS Group entities to acquire PGIM India Asset Management. The regulator als...- Zydus Lifesciences completes acquisition of AssertioThe company has successfully completed the cash tender offer, through wholly-owned subsidiary, Zara Merger Sub Inc, for all the outstanding...
- India Inc's sales growth gathers pace in March quarter, led by autos and metals: RBI dataManufacturing companies saw sales jump 14.5 percent in the fourth quarter of 2025-26. Automobiles, electrical machinery, and non-ferrous me...
- CCI approves Kedaara Capital's Rs 750 crore stake purchase proposal in Axis FinanceIndia's competition watchdog has given the green light for Kedaara Capital to invest Rs 750 crore in Axis Finance. This marks a significant...
- No runaway rally likely; markets to trade in broad range: Sameer DalalEquity markets face near-term unevenness due to global optimism tempered by domestic uncertainties like elevated crude prices and monsoon r...
- Bonus bonanza! Last date to buy Brigade Enterprises shares for 1:3 bonus issue rewardBrigade Enterprises in May announced its first bonus issue in around seven years, along with the release of its Q4 results. It said its boa...
- SoftBank Vision Fund CFO Navneet Govil exits after a decade as AI bets take centre stageNavneet Govil, the chief financial officer of SoftBank's Vision Fund, is departing after a decade. His exit comes as the investment giant, ...
- Irdai seeks to ease investment rules in insurance sectorThe Insurance Regulatory and Development Authority of India (Irdai) is proposing significant changes to ownership and capital structure reg...
- Elon Musk’s biggest wealth-creation moment: SpaceX IPO turned 4,400 workers into millionaires overnightElon Musk's startup SpaceX's historic IPO made around 4,400 employees millionaires overnight as they accumulated significant wealth through...
- Sarvam raises $234 million led by HCLTech at $1.5 billion valuationIndia's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This invest...
- Mutual funds reduce cash allocation by over Rs 10,000 crore to Rs 1.87 lakh crore in MayMutual funds reduced cash holdings by over Rs 10,000 crore in May to Rs 1.87 lakh crore, representing 4.24% of total assets. Equity AUM saw...
- Oil retreat hands RBI an assist in boosting rupee's near-term outlookA U.S.-Iran peace deal has led to a slump in oil prices, bolstering the Indian rupee. This, combined with the Reserve Bank of India's measu...
- Airtel secures nearly 100% investor support to raise Airtel Africa stake to about 79%Bharti Airtel shareholders have overwhelmingly approved a plan to increase its stake in Airtel Africa Plc. This strategic move involves a c...
- Former SpaceX welder who once knew nothing about the company now holds shares worth over $1 millionA former SpaceX welder, Juan Hernandez, saw his decade-old stock grant blossom into over $1 million following the company's IPO. Initially ...
- Coal Minister Reddy flags disappearance of 40 lakh tonnes of coal; seeks urgent probe into SCCLUnion Coal Minister G Kishan Reddy has alerted the Telangana government about missing coal valued at Rs 1,600 crore from Singareni Collieri...
- Bank credit grows 17.4% in May as rising yields push companies to loansBank loans are seeing a surge. Credit growth reached 17.4 percent by May 31, the highest in almost two years. This rise is driven by compan...
- ED arrests ex-Haryana government official in IDFC Bank fraud caseNaresh Kumar was arrested on June 10 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. He was produced before a ...
- Reactor reboot at world's largest nuclear plant highlights flaws in Japan's radioactive waste plansJapan has restarted its largest nuclear power plant to meet energy demands. However, the nation faces a critical challenge: a severe shorta...
- Stocks in news: Adani Enterprises, Adani Energy, Hindustan Zinc, Maruti Suzuki, IDFC First BankVolatile trade likely as weak global cues keep sentiment cautious; analysts favour a sell-on-rise strategy until Nifty reclaims 23,700. Sto...
- IDFC First Bank fraud was isolated case involving collusion: KPMGA forensic review has confirmed a Rs 646 crore fraud at IDFC First Bank's Chandigarh branch was an isolated incident. The fraud involved co...
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