Banking And Finance
India’s private investment gains overtakes government share post-COVID: Report
The composition of investment has shifted in favour of private players post-pandemic, with their share rising to 71.3% of project announcements between 2022-23 and 2025-26 from a government-dominated 54.2% in…
Buying US stocks via GIFT City? Here’s how capital gains and dividend tax work
As more Indian investors look beyond domestic markets, has emerged as a new gateway to global investing. The platform allows investors to access international securities, including shares of US companies,…
‘AI is a tool, not an authority’: Relying on AI for financial advice? Key risks investors should know
The use of AI for financial guidance has risen sharply in recent years. In the United Kingdom, around 28 million adults used artificial intelligence tools for personal finance advice last…
Inflationary pressures, reduction in discretionary cash flows may impact collection of MFIs: Report
New Delhi: Risks such as potential inflationary pressures or reduction in discretionary household cash flows are likely to affect repayment behaviour of microfinance borrowers, even though the West Asia conflict…
Market
Kirloskar Oil Engines shares hit 20% upper circuit. JM Financial sees more upside
Shares of power-generation solutions manufacturer were locked in the 20% upper circuit in Monday’s intraday session, June 22, settling at ₹2,390 apiece after the company announced a large order win…
India deserves a different valuation framework in the current regime, says Delorean Partners’ Amit Bhartia
India’s equity market may require a fresh valuation framework rather than comparisons with historical averages, according to Amit Bhartia, founder of Delorean Partners and portfolio manager at Willow Run Capital.…
Bharat Electronics shares to be in focus on Tuesday as company secures ₹1,081 crore order
Shares of Navratna defence public sector undertaking are likely to remain on investors’ radar in Tuesday’s trade, June 23, after the company announced a significant order win post-market hours on…
SEBI proposes consolidating technology norms across MIIs
The Securities and Exchange Board of India (SEBI) on Monday proposed a comprehensive overhaul and consolidation of information technology-related regulations applicable to market infrastructure institutions to simplify compliance requirements, remove…
Market
JSW Infra plans ₹7,500 crore fundraise through QIP offering
JSW Infra plans to raise ₹7,503 crore through qualified institutional placement. The offer consists of fresh equity issuance of ₹6,555 crore and an offer for sale of Rs 948 crore.…
Meta gets Kunal Shah to lead WhatsApp globally, but what’s next for Cred?
Cred founder Kunal Shah has stepped down as CEO of the fintech startup to take over as the global head of WhatsApp, marking a major leadership transition for the company…
Lucid layoffs: 1,500 jobs cut, COO Marc Winterhoff out — EV maker has now shed nearly 30% of its workforce in 4 months
Lucid Group announced on Monday it is cutting approximately 18% of its US workforce as part of a sweeping cost-reduction plan, marking the Saudi-backed electric vehicle maker’s second significant round…
Who is Will Cathcart? Meet the outgoing WhatsApp chief and what’s next for him
Indian fintech startup CRED founderis set to become the new head of WhatsApp, according to an announcement made on Monday by current chief Will Cathcart on X. The development follows…
Axis
