Banking And Finance
Microfinance market reports a small rise in early stage delinquency
Kolkata: The share of microfinance portfolio turning overdue early rose in April while the later stage portfolio at risk showed improvement, data from CRIF high Mark showed. The portfolio at…
From new income-tax rules to GST rate revisions — here’s what changed for taxpayers as Modi becomes longest-serving PM
Narendra Modi today, 10 June, achieved a historic milestone by becoming India’s longest-serving elected prime minister in continuous office. He has completed 4,399 consecutive days in power, surpassing the 4,398-day…
Jio BlackRock ETF: 1st launch likely by August after building ₹18,000 crore AUM
Jio BlackRock Asset Management plans to launch its first (ETFs) in India by August, seeking to replicate BlackRock’s global success in passive investing in a market where ETFs remain at…
Market
Zepto IPO: 10 key risks investors should know from UDRHP ahead of issue opening
Quick-commerce platform Zepto has taken another step toward its stock market debut by filing an updated (DRHP) with the Securities and Exchange Board of India for its proposed initial public…
‘Most investors are de-worse-ified, not diversified’, says Robert Kiyosaki; explains why he avoids ETFs
Robert Kiyosaki, the bestselling author of Rich Dad Poor Dad, has once again challenged conventional investing wisdom, this time taking aim at what he calls “de-worsification” rather than diversification. In…
Reliance Industries share price jumps over 2% on partnering with Meta for India’s first AI data centre
Shares of (RIL), India’s most valuable company by market capitalisation, gained on Wednesday, 10 June, after it announced India’s first AI-enabled data centre in Jamnagar, Gujarat, in partnership with global…
Union Bank of India share price falls over 1%. How to trade in the PSU stock?
Union Bank of India share price traded over a percent lower on Wednesday amid heavy selling momentum. The PSU stock declined as much as 1.35% to ₹168.10 apiece on the…
Market
Reliance Industries and Meta join hands to develop AI-enabled data centre in Gujarat
(RIL) and Meta Platforms, Inc. (Meta) have partnered to set up a data centre in Jamnagar, Gujarat with 168 MW capacity to be delivered within two years and an option…
Ambani-backed robot start-up seeks $100 million to take on China
Addverb Technologies Ltd is seeking to raise more than $100 million, trying to cement its role as the country’s top maker of robots. Addverb, whose robots handle sorting, material movement…
Hyundai’s Creta production disrupted after fire hits component supplier’s plant in Chennai
The production of Hyundai Motor India Ltd’s bestselling SUV Creta has been disrupted after a fire at supplier and group company Hyundai Mobis curbed the availability of key components, according…
Mehli Mistry says he was unlawfully ousted from Tata Trusts
Former Tata Trusts trustee Mehli Mistry has filed objections before the Maharashtra Charity Commissioner challenging a change report filed by the Sir Ratan Tata Trust (SRTT), alleging governance failures, conflicts…
Axis
