Banking And Finance
SBI data breach claim: Hackers allegedly access 3.75 lakh accounts
Mumbai: An anonymous hacker group called ‘Siriusim’ has got hold of confidential data of as many as 3.75 lakh customers, account CyberPulse56 said on X. The group alleges that it…
1 Finance gets in-principle SEBI approval for MF Lite: Will investors get more choice in index funds and ETFs?
1 Finance has received in-principle approval from the Securities and Exchange Board of India (SEBI) for an asset management company (AMC) licence under the regulator’s Mutual Funds Lite (MF Lite)…
Central Bank of India reports technical glitch in RTGS outward system
Mumbai: said it detected a technical glitch in its outward payment system between October 15 and October 17, prompting the lender to shut down and isolate the affected systems while…
Home loan borrowers: Pay higher EMI every month or extend your loan tenure? How to choose after a rate hike
A rise in home loan interest rates presents borrowers with a choice that can affect their finances for years. They can increase their equated monthly instalment (EMI) to repay the…
Market
Jio Platforms IPO draws ₹8,110 crore in anchor investor bids
BlackRock Inc., Fidelity Management & Research, Capital Group and Allianz SE were among the investors taking anchoring stakes in Jio Platforms Ltd.’s $3.2 billion initial public offering, as Reliance Industries…
PhonePe rebrands stock broking platform Share.Market as PhonePe Invest, offers smart tools for investors
PhonePe on Monday, 19 October, announced the evolution of its investing and trading platform Share.Market to PhonePe Invest, bringing it under the PhonePe brand. The transition from Share.Market to PhonePe…
Already a hit? Reliance’s Jio Platforms gets ₹8,110 cr from anchor investors; LIC, New World Fund among top investors
Jio Platforms has allotted shares worth ₹8,110 crore to 212 anchor investors at the upper end of its price band of ₹1,119 per share, according to a stock exchange filing.…
Eyes on Wall Street: General Motors shares in focus ahead of 3rd quarter results – Key factors investors should watch
Shares of General Motors (GM) will be in focus on Tuesday, October 20, as the US is scheduled to announce its third-quarter 2026 financial results before the opening bell. Wall…
Market
Why is Amazon threatening to axe 5,000 delivery jobs over Zohran Mamdani’s labour law in New York? What govt can do
Amazon has warned that it could cut more than 5,000 delivery jobs and shut down 15 last-mile facilities across New York City if a proposed labour law backed by Mayor…
Walmart seeks $2.5 billion from US bond sale, weighs first Canadian-dollar offering
Walmart Inc., the world’s largest retailer, is raising at least $2.5 billion through a new US dollar bond offering and exploring its first Canadian-dollar debt sale as it seeks to…
Vinted Cracks Down on Looted Goods After French Riots
(Bloomberg) — Vinted, a secondhand online marketplace that counts France as one of its largest markets, has seen an influx of listings suspected to contain looted items after riots broke…
Gen Z drives India’s beauty boom, half from small cities: Myntra report
Gen Z shoppers are reshaping India’s beauty and personal care market, with the cohort now accounting for 60 per cent of beauty buyers and spending 1.2 times more on the…
Axis
