Banking And Finance
Jana SFB targets 20:80 secured-unsecured loan mix; expects TVS partnership to boost two-wheeler financing
Kolkata: is aiming to bring down its share of in total gross advances to 22-23% in the next two years from about 27% at present, while its long-term objective is…
Trump’s accounts sold Micron, bought Nvidia: Expert warns, ‘Don’t mistake it for a strategy’
‘s investment accounts grabbed headlines late last month for their cryptocurrency and real estate holdings. But what flew under the radar is the stock activity. As per disclosures from the…
Property registry alone doesn’t prove ownership: Here’s what else homebuyers need to do
Imagine you have purchased a house in a city, paid the full amount and even completed the property registration in your name. Most homebuyers would assume that the job is…
SBI appoints Sunil Agrawal as chief financial officer
State Bank of India has appointed former LIC executive Sunil Agrawal as chief financial officer, as per a stock exchange disclosure. Agrawal was previously chief financial officer of LIC, the…
Market
Wall Street surges on soft producer inflation, robust earnings; PayPal climbs 13.58%, BlackRock soars 7.6%
US stock markets opened higher on Wednesday as investors welcomed cooler-than-expected producer inflation data and a wave of strong corporate earnings, easing concerns over the outlook for interest rates. As…
Indian Gas Exchange files for IPO
The Indian Gas Exchange (IGX) has filed preliminary papers with markets regulator the Securities and Exchange Board of India (SEBI) to launch an initial public offering (IPO). In a BSE…
SBI Funds Management IPO subscribed nearly 3 times on Day 2, NIIs lead demand
Tfetched 2.77 times subscription on the second day of bidding, led by strong demand from non-institutional investors. The non-institutional investor portion was subscribed 6.58 times, while the retail investor segment…
Aurrevia launches Category III AIF with $10 million anchor from Kothari Family Office
Mumbai-based investment platform Aurrevia has launched a Category III Alternative Investment Fund anchored by a $10 million commitment from the Kothari Family Office through Aarii Ventures, the firm announced today.…
Market
Morgan Stanley tops Q2 estimates as dealmaking, trading revenue hit record highs
Morgan Stanley reported better-than-expected second-quarter earnings on Wednesday, with record revenue driven by a surge in investment banking activity and robust trading performance amid heightened market volatility. The bank’s shares…
DeepSeek’s Liang Wenfeng becomes world’s richest AI founder, overtakes OpenAI and Anthropic rivals
DeepSeek founder and Chief Executive Officer Liang Wenfeng has become the world’s wealthiest founder of an artificial intelligence (AI) model startup after the Chinese company’s latest funding round significantly boosted…
Warburg Pincus acquires domestic formulations company Integrace, for an undisclosed sum
Warburg Pincus has acquired Integrace Private Ltd, a domestic formulations company focused on orthopaedics and gynecology, for an undisclosed sum. Integrace has more than 20 brands in its portfolio and…
Swiggy Instamart and HPCL launch q-comm cylinder delivery
Swiggy’s quick-commerce platform, Instamart has partnered with Hindustan Petroleum Corporation Limited (HPCL) to launch India’s first on-demand LPG cylinder delivery service on a quick-commerce platform. The launch also marks the…
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