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
Cube Highways Trust sets ₹151-152 price band for ₹5,000-crore InvIT IPO
on Wednesday fixed a price band of ₹151-152 per unit for its proposed ₹5,000-crore initial public offering (IPO), with the issue scheduled to open for subscription on July 22 and…
Earnings drown out geopolitics as Nifty ends flat; rupee hits one-month low
The markets ended virtually unchanged on Wednesday in a volatile session that saw early gains evaporate in the second half, as surging crude oil prices, a weakening rupee, and renewed…
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…
Market
Emergent raises $130 mn from Creagis, Sentinel Global, Ranjan Pai’s Claypond Capital
Vibe coding platform Emergent has raised $130 million in its Series C round of funding, co-led by Creagis, MNI Ventures, Ranjan Pai’s Claypond Capital and San Francisco-based Sentinel Global. Existing…
RBI greenlights three-year term for Rajiv Kumar as HDFC Bank chair
HDFC Bank on Wednesday said that the Reserve Bank of India (RBI) has approved the appointment of Rajiv Kumar as the chairman of the lender for three years. “In furtherance…
Apple Intelligence cleared for use on iPhones in China after regulatory approval
Apple has cleared a key regulatory hurdle to roll out its generative AI features in China, one of the company’s most important markets. China’s cyberspace regulator said on Wednesday that…
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…
Axis
