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
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
