Banking And Finance
Insurers resist as customer comfort weighs on exec pay
Mumbai: The insurance industry is pushing back against parts of a proposed , arguing that some of the performance-linked metrics under discussion risk becoming overly prescriptive. The Insurance Regulatory and…
Banks seek RBI relief on InvIT lending rules, warn 3-yr track record rule may slow infra monetisation & fresh funding
New Delhi: Banks have urged the (RBI) to ease the proposed lending norms for (InvITs), arguing that a mandatory three-year operational track record could slow and choke , said people…
Banks eye loans against mutual funds to tap young customers
Kolkata: More Indian banks are entering the business to tap younger, tech-savvy customers who increasingly prefer over low-yielding bank deposits. South-based private lenders such as and plan to get into…
Switched to new tax regime? Deductions and exemptions you can no longer claim
The new income tax regime remains the default tax system for individual taxpayers, offering lower tax rates in exchange for missing out on several deductions and exemptions available under the…
Market
InCred Alternative Investments invests ₹185 crore in VEM Technologies
InCred Alternative Investments, the alternative investment arm of InCred Capital Financial Services has invested ₹185 crore in Hyderabad-based defence and aerospace company VEM Technologies Private Ltd through its private equity…
Gold, silver rates today: Comex gold fell $91/oz; silver down $4 on inflation worries, firm US dollar
Precious metals came under renewed pressure on Tuesday, 19 May, as elevated crude oil prices kept bond yields near multi-year highs, reducing the appeal of safe-haven assets. A stronger US…
FPIs pare Tata stakes as retail investors buy the correction
FPIs have pared stakes across several Tata companies with the sharpest reduction seen in premium growth-oriented businesses that had witnessed strong valuation rerating during the post-pandemic rally. FPI holding in…
TSF Investments consolidated net profit up 28%
TSF Investments (formerly Sundaram Finance Holdings) on Tuesday reported a consolidated net profit of ₹530.2 crores in FY26 as compared to ₹412.09 crores registered in the previous financial year. The…
Market
Star Health eyes ₹24,000 crore GWP in FY27, launches new product
Standalone health insurer Star Health Insurance is targeting a growth of close to 18 percent in terms of its top-line growth in FY27 driven by a ramp up in agents…
Golf-LIV Golf focused on long-term funding solution amid reports of potential bankruptcy plan
By Frank Pingue May 19 (Reuters) – LIV Golf said on Tuesday it remains focused on securing a transaction that positions the organisation for the long-term in response to a…
Oil India to ramp up exploration capex to ₹10,000 cr, boost output in FY27: CMD
New Delhi: State-run Oil India Ltd (OIL) plans to raise its exploration and production capital expenditure by over 10% to ₹10,000 crore this fiscal year, chairman and managing director Ranjit…
Muthoot FinCorp is trying to sell a fintech story without behaving like a fintech
Muthoot FinCorp Ltd, one of India’s largest gold loan non-banking finance companies (NBFCs), is seeking to raise up to ₹4,000 crore through an initial public offering, even as it attempts…
Axis
