Banking And Finance
India’s active credit cards cross 120 million in May
Mumbai: The number of in the country crossed 120 million in May, when net additions surged 34% year-on-year to 1.02 million, even as grew just 6.3% on year, data from…
Suryoday SFB board approves plans to raise up to Rs 500 crore via equity and debt
Kolkata: The board of on Thursday approved for raising up to Rs 300 crore and issuing for raising up to Rs 200 crore. The share sale can happen by way…
Should you invest in last year’s top mutual fund? Experts warn against this common mistake
Every year, mutual fund rankings create a familiar temptation. A delivers 30-40% returns, a thematic fund doubles investors’ money, and investors begin asking the same question: Should I move my…
RBI proposes to further enhance money market participation, liquidity
Mumbai: The Reserve Bank on Thursday proposed to further enhance the depth of participation and liquidity in the segment, as well as expand the participant base. Prudential limits in respect…
Market
SpaceX credit derivatives start to trade after debut bond sale
Credit-default swaps tied to Elon Musk’s SpaceX have begun actively trading after the company sold high-grade bonds this week for the first time, according to people familiar with the matter,…
Advit Jewels IPO: Issue booked 213 times on Day 03; NII, QIB portions see huge demand, GMP signals 38% premium
The initial public offering of Advit Jewels, which was fully booked on the first day, continued to attract strong investor demand through the final day of bidding, as the issue…
RBI proposes opening term money market to NBFCs, companies
Mumbai: The Reserve Bank of India (RBI) on Thursday proposed allowing a wider set of market participants, including non-banking financial companies (NBFCs), housing finance companies (HFCs), All India Financial Institutions…
Up over 100% since March! Multibagger small-cap stock to be in focus on Monday; here’s why
shares are likely to remain in focus in Friday’s trade, June 26, after the company approved the acquisition of up to a 51% equity stake in GScale Energy Private Limited,…
Market
businessline MSME Conclave. I talk to paneer and milk”, says the man behind Milky Mist’s incredible dairy journey
On stage at the 5th edition of businessline MSME Growth Conclave 2026 in Bengaluru, businessline Editor Raghuvir Srinivasan introduced Satish Kumar T with a smile. Erode may be among Tamil…
TVS Motor rolls out one-millionth iQube electric scooter from Hosur plant
TVS Motor Company, manufacturer of two and three-wheelers, rolled out its one-millionth TVS iQube, a smart electric scooter, from its Hosur manufacturing facility on Thursday. The company said the milestone…
ONGC, BP expand partnership with technical services deal for Western Offshore Basin
State-run oil and gas producer ONGC and BP have signed a technical services contract for ONGC’s Western Offshore Basin, extending their collaboration beyond Mumbai High as the companies seek to…
Jupiter International expands solar cell manufacturing capacity at Himachal Pradesh unit for ₹550 cr
Jupiter International on Thursday said it has expanded its solar cell manufacturing capacity at Baddi campus in Himachal Pradesh from 2 GW to 3.25 GW by investing ₹550 crore. The…
Axis
