Banking And Finance
NPCI partners with HSBC India to enable real-time FX settlement for global UPI payments
New Delhi: The National Payments Corporation of India () Wednesday announced a strategic partnership with to provide real-time foreign exchange (FX) settlement for cross-border payments. This collaboration aims to make…
Dream Money to shut ops on July 30 within a year of launch: What happens to your mutual funds, FDs and digital gold
Dream Sports will shut down its fintech platform Dream Money on July 30 within a year of its launch, becoming one of the earliest examples of a real money gaming…
SBI boosts AI-powered banking with new digital journeys for retail, corporate customers
New Delhi: unveiled a suite of AI-powered digital innovations to strengthen retail and business banking to mark its 71st foundation day, reaffirming its commitment to delivering intelligent and future-ready banking…
Performance-linked mutual fund fee vs TER: How SEBI’s new model works and why fund houses are hesitant
At the Moneycontrol Mutual Fund Summit 2026 held in Mumbai on 30 June, of India Executive Director Manoj Kumar highlighted an interesting development for the mutual fund industry. He said…
Market
Indian Bank Q1 business update: Lender reports 13.3% growth in deposits, advances rise 13.9%
State-owned lender today reported healthy business growth for the quarter ended June 30, 2026, with its total business rising 13.6% year-on-year to ₹15.28 lakh crore, compared with ₹13.45 lakh crore…
Broker’s Call: RITES (Buy)
PL Capital Target: ₹275 CMP: ₹233.25 We hosted for an NDR, where the management reiterated its confidence in the medium-term growth outlook, supported by a relatively young order-book, with around…
Broker’s Call: Kotak Mahindra Bank (Buy)
Target: ₹500 CMP: ₹400.35 Kotak Mahindra Bank (KMB) has signed a Business Transfer Agreement with Deutsche Bank Aktiengesellschaft (DBAG) to acquire DBAG’s retail banking, private banking and wealth management business…
OXMIQ raises $35 million to scale OxCore Architecture
OXMIQ Labs Inc., a unified GPU and AI architecture company founded by Raja Koduri, has secured $35 million in Series A financing, bringing the total funding raised to $60 million.…
Market
OnCare opens cancer care centre in Bengaluru
OnCare, a renowned affordable cancer centre, has established a new treatment centre in Bengaluru and plans to open about 100 centres across the country over the next five years with…
Zee strengthens football portfolio, secures exclusive rights for German Bundesliga in India
Zee Entertainment Enterprises on Wednesday secured broadcast and digital rights for the German football league Bundesliga in India for five years. This is the second football property bought by the…
Ashok Leyland introduces India’s first air suspension range of trucks
Ashok Leyland, a leading commercial vehicle manufacturer, on Wednesday announced the launch of India’s first range of trucks with air suspension. It has introduced three models: the AVTR 4925 10×2…
Adani Energy Solutions plans to raise up to ₹10,000 cr
Adani Energy Solutions Ltd (AESL) on Tuesday approved a plan to raise up to ₹10,000 crore from institutional investors as the company looks to strengthen its capital base and support…
Axis
