Banking And Finance
HDFC Bank gets RBI nod to appoint Rajiv Kumar as part-time chairman
on Wednesday said it has received approval from the (RBI) to appoint former Financial Services Secretary, as its for a three-year term, effective July 15, 2026. The appointment has been…
PFRDA launches NPS PRIDE-Disha: How the new tool helps you choose the right pension fund
The Pension Fund Regulatory and Development Authority (PFRDA) has launched NPS PRIDE-Disha, a digital decision-support tool that enables (NPS) subscribers to compare the historical performance of pension funds in a…
SIP returns disappointing? Here’s when to stay invested and when to switch funds
A few years of disappointing are often enough to make investors question whether they have chosen the wrong mutual fund. The temptation to stop investing or switch to a fund…
Market
Small-cap FMCG stock Spice Lounge Food Works hits upper circuit after this business update
Small-cap FMCG stock Spice Lounge Food Works hit its upper circuit on the BSE on Wednesday, 15 July, a day after the company announced it had opened its first Wing…
Nifty 50 above 27,000? PL Capital raises target, sees more upside in Indian stock markets but flags key risks
PL Capital has turned more optimistic on Indian equities, raising its one-year target for the to 27,019 from 26,449, citing improving macroeconomic conditions, resilient domestic demand and easing crude oil…
HDFC AMC Q1 Results: Net profit jumps 12% YoY to ₹837 crore; revenue surges 14%
HDFC AMC Q1 Results: (HDFC AMC) on Wednesday, 15 July, reported a 12% year-on-year increase in consolidated net profit to ₹837 crore for the first quarter, compared with ₹748 crore…
Nifty Pharma jumps 14% YTD, outshines Nifty 50; is there more upside ahead?
The Nifty Pharma index has gained 14.53% year-to-date (YTD), significantly outperforming the , which has declined 7.87% over the same period. The sector’s strong performance has been driven by improving…
Market
Deepinder Goyal’s next big bets: $1,000 forehead wearable, $20 mn aviation investment after Zomato
After leading Zomato to become one of India’s biggest consumer tech success stories, Deepinder Goyal is now turning his attention toward wearable tech. Goyal plans to launch a bean-shaped wearable…
Stripe, Advent offer to buy PayPal for $53 billion
Payments company Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc for $60.50 per share, in a deal that would value the…
India, Baker Hughes explore strengthening cooperation on geothermal energy
Top officials from the Ministry of New & Renewable Energy (MNRE) including Secretary Santosh Sarangi met Graham Gillies, Vice President for Asia-Pacific at Baker Hughes, on Tuesday to strengthen cooperation…
HealthKois eyes biotech bets as new drug pipelines expand
Venture capital (VC) firm HealthKois is sharpening its focus on life sciences innovation as it evaluates investment opportunities for its $300-million third fund, amid a growing pipeline of Indian startups…
Axis
