Banking And Finance
EPFO interest credit begins: How members can check if the amount is credited to their accounts
EPFO members may begin seeing the annual interest for FY2025-26 reflected in their provident fund accounts from today July 15, as the retirement fund body starts crediting interest at the…
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…
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
Cyber leak exposes Kudankulam, other Reliance Infra projects’ data
Ransomware group World Leaks recently released files relating to multiple infrastructure projects of Anil Ambani’s Reliance Group (Reliance ADAG) in India, most prominently the country’s largest nuclear power plant, Kudankulam…
Mondelez India betting strong on premiumisation in biscuits
Mondelez India is betting big on strengthening of premiumisation trends in the biscuits and cookie category. The company, which is known for brands Oreo and Cadbury, has also been ramping…
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…
Axis
