In a significant development in India’s corporate landscape, the Mistry family has expressed its support for Noel Tata joining the board of Tata Sons, the principal holding company of the Tata Group. This move, if formalized, could mark an important step towards easing past tensions between the two influential families and ensuring smoother governance at…
In a significant boost to its growth ambitions, non-banking financial company (NBFC) Seeds Fincap has successfully raised ₹50 crore in a funding round led by Z47 and Lok Capital, two prominent investors in India’s financial services sector. The fresh capital is aimed at strengthening the company’s lending portfolio, expanding its customer base in semi-urban and…
In a significant regulatory development, the Securities and Exchange Board of India (Sebi) has rejected industrialist Anil Ambani’s settlement application relating to alleged violations in connection with investments in Yes Bank bonds. Official documents indicate that the settlement plea, which was aimed at resolving the matter without prolonged litigation, did not meet the regulator’s criteria…
Indian exporters could face a significant blow to their competitiveness in the United States market as rising tariff barriers threaten to make exports economically unviable, according to a recent analysis by Crisil Ratings. The report warns that multiple industries, from engineering goods and textiles to chemicals and metals, may experience margin pressures and potential market…
In a significant leadership move, SMFG India Credit (formerly Fullerton India Credit Company Limited) has announced the appointment of Ravi Narayanan as its new Chief Executive Officer (CEO). Narayanan, a seasoned banking professional with over three decades of experience in retail and commercial banking, will lead the company’s next phase of growth, focusing on strengthening…
In a market scenario marked by cautious optimism and selective buying, Siddharth Vora, Head of Investment Strategy & Fund Manager – PMS at Prabhudas Lilladher, has revealed that his investment team is holding 14-15% of their portfolio in cash to navigate what he describes as a slightly bearish undertone. This measured approach comes as equity…
In a major move signalling confidence in India’s booming quick commerce sector, Motilal Oswal Financial Services (MOFS) has announced a ₹400 crore investment in Zepto, one of the country’s fastest-growing instant grocery delivery platforms. This funding injection is expected to strengthen Zepto’s competitive position against rivals like Blinkit, Swiggy Instamart, and BigBasket Now, as it…
In the fiercely competitive Indian mutual fund industry, Jio BlackRock is betting big on one factor it believes will outshine product variety, brand legacy, and even pricing — digital trust. The joint venture between Reliance’s Jio Financial Services and global asset management giant BlackRock is positioning itself to leverage India’s fast-growing digital infrastructure and rising…
In the fast-paced and often headline-grabbing world of stock markets, it’s usually big IPOs, soaring stock prices, or market crashes that dominate the news cycle. Yet, according to Zerodha co-founder and CEO Nithin Kamath, one of the most impactful developments for retail investors in recent years came not from flashy announcements, but from a quiet…
The much-anticipated initial public offering (IPO) of Regaal Resources Ltd has officially opened for public subscription, drawing significant attention from retail and institutional investors. With the grey market premium (GMP) hovering around 22%, market participants are keen to know whether the stock offers strong listing gains or is a long-term portfolio candidate. IPO Details and…
