Fintech companies that once built their businesses by operating around traditional financial institutions are increasingly seeking regulatory licences as they look to unlock new revenue streams, improve profitability and deepen…
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Broker’s call: Honasa Consumer (Buy)
Target: ₹550 CMP: ₹415.90 Honasa Consumer’ s upcoming analyst meet is likely to focus less on near-term recovery and more on the sustainability of growth, profitability and the long-term shape…
IFC commits $50 million to Hygenco to promote green hydrogen in India
International Finance Corporation (IFC), a World Bank Group arm, on Friday committed $50 million to Hygenco Green Energies Private Ltd to promote green hydrogen in India. IFC, together with Siemens…
Broker’s call: Jash Engg (Buy)
Target: ₹565 CMP: ₹447.70 We met the management of Jash Engineering and below are the key takeaways: India business: Revenue (domestic) grew 18 per cent y-o-y in FY26, with management…
India plans up to 2% stake sale in Hindustan Zinc via OFS, may raise $525 million
India is considering selling as much as a 2% stake in Hindustan Zinc Ltd. in a transaction that could raise up to 50 billion rupees ($525 million), according to people…
RBI fines Canara Bank for violations related to KYC, inactive accounts
Mumbai: The Reserve Bank on Friday said it has imposed a penalty of Rs 41.8 lakh on for non-compliance with certain provisions, including those related to Know Your Customer norms.…
FII tax exemption on G-Secs explained: What changed, how foreign investors can invest and key details
The government on Friday announced a major tax relief for foreign institutional investors (FIIs) by exempting them from paying taxes on both interest income and capital gains arising from government…
NSC vs tax-saving FD: All you need to know about returns, lock-in periods and tax benefits
Indian investors seeking reliable, fixed returns alongside tax relief frequently turn to two main instruments: (NSC), distributed through post offices, and five-year tax-saver fixed deposits (FDs) offered by commercial banks…
CMR Green Technologies IPO: Issue booked 127 times on Day 03; NII, QIB portions see huge demand, GMP signals 40% premium
CMR Green Technologies IPO in focus: The initial public offering of CMR Green Technologies, which was fully booked on the first day, continued to attract strong investor demand through the…
Wall Street: S&P 500, Nasdaq drop as chip stocks slip
The S&P 500 and the Nasdaq dropped on Friday as chip stocks fell after a sharp rally, while a strong jobs report reinforced hopes of tighter Fed monetary policy. At…