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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...- Paper industry seeks immediate anti-dumping duty on paperboard imports from IndonesiaIndian paper manufacturers seek anti-dumping duties on Indonesian paperboard imports. Cheap imports caused significant losses to local prod...
- Govt introduces NCDC Amendment Bill 2026 to expand direct funding for cooperativesA bill was introduced in the Lok Sabha to expand the NCDC's lending powers. This amendment will allow direct loans and grants to cooperativ...
- 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...
- Sterlite Tech, HFCL gain 5% each on reports of US ban on Chinese data centre devicesShares of Sterlite Technologies and HFCL rallied 5% each after reports that the US administration is considering restrictions on Chinese da...
- RBI policy: Will high-interest rate cycle return for FD investors as RBI holds repo rate amid rising inflation?RBI MPC repo rate: The Reserve Bank of India maintained its repo rate at 5.25 percent today. Inflation is nearing the upper tolerance band,...
- The evolution of mobile banking apps into financial operating systemsMobile banking apps now serve as primary financial interfaces for millions. Consumers expect a single platform for all their financial need...
- Instamart’s new CEO; parliamentary panel summons social media cosSwiggy has roped in former Myntra CEO Nandita Sinha to lead its quick commerce unit Instamart. This and more in today’s ETtech Top 5.
- Bandhan Bank lowers return on assets projection to 1.2-1.4%, stock price continues to tumbleBandhan Bank has lowered its FY27 exit return on assets (RoA) guidance to 1.2%-1.4% from 1.6%-1.8%, citing higher technology spending and u...
- Punjab National Bank scouting for partner to build its M&A financing portfolio: CEOPunjab National Bank is seeking a partner for its merger and acquisition financing portfolio. The bank aims to gather $2.5 billion in speci...
- 'Not the subject to talk about: Sharad Pawar stays tight-lipped amidst reports of possible NCP-SP splitSharad Pawar deflected speculation about his party's potential split and future alliances. Supriya Sule clarified that no official discussi...
- RBI bars banks, NBFCs from selling acquired stressed assets back to defaulting borrowers, related partiesNew Reserve Bank of India norms will prevent lenders from reselling acquired assets to defaulting borrowers. These prudential rules apply t...
- Housing finance stocks: Is the worst of perception over? Time for a relook? 11 HFC stocks with upside potential from a low 6% to 30%As a sector, housing finance has borne the brunt of regulatory changes and various scams at different points of time. It is a sector that h...
- Is borrowing money to invest in IPOs worth it? Know what it costs, its hidden risks before going for financing for NSE, Jio, SBI MF IPOsIndia's primary market anticipates a busy season with major IPOs approaching. Many investors are borrowing funds to maximize their applicat...
- When Warren Buffett bought one company because of a book, and another on a handshakeHow does the world’s most careful investor buy a company with no due diligence at all? One of Warren Buffett’s acquisitions began with an a...
- Inside Telegram’s leak economy; Flipkart employees’ latest windfallNon-consensual image rings are turning small UPI transfers into tickets to abusive, closed Telegram groups. This and more in today’s ETtech...
- Own a good business: Volatility, Iran, Trump will all be taken care of. 7 large-cap stocks with upside potential of up to 33%There was a time when many investors said with pride that they owned only blue chips. Today, there are probably only a few of them left. An...
- Kotak Mahindra Bank shares fall over 3% after Q1 update; advances jump 15% to Rs 5.12 lakh croreKotak Mahindra Bank's shares dipped over 3% following its Q1 FY27 business update. While net advances saw a healthy 15% year-on-year jump t...
- Kotak Mahindra Bank shares in focus on deal to buy Deutsche Bank’s retail business for Rs 282 croreKotak Mahindra Bank will acquire Deutsche Bank India's retail banking, private banking and wealth management business, adding a sizeable lo...
- Kotak Mahindra Bank to acquire Deutsche Bank's India retail banking businessKotak Mahindra Bank has significantly expanded its footprint by acquiring Deutsche Bank's retail, private banking, and wealth management op...
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