Newsletter

HDFC Bank will offer co-branded credit cards with Paytm on the Visa platform. The focus customer base would be entrepreneurs and millennials. It will be a collaboration of HDFC Bank’s...

Out of the top-10 Nifty companies by market cap, four companies added Rs.65,465 crore during the week ended 17th September. Bharti Airtel and SBI emerged the biggest gainers, but laggards...

The Big Bad Bank announcement finally came on 16th September, with details of the government support. Finance Minister confirmed that the National Asset Reconstruction Company or NARCL, would be operational...

On Wednesday, the Union Cabinet cleared the Rs.25,938 crore PLI scheme for automobile sector. To be eligible for the performance-linked incentive (PLI) scheme, auto companies must invest Rs.2,000 crore for...

For August, trade data has been encouraging but the deficit also widened. Exports rose by 45.76% to $33.28 billion for Aug-21 compared to $22.83 billion in the same month last...

CPI inflation for August came in at a 4-month low of 5.3%, well within the RBI comfort limit of 6%. The CPI inflation has been steadily falling over the last...

The latest to hit the IPO market will be Fabindia, which was established in 1960 and sells products of over 40,000 artisans and craftsmen across India. Fabindia is looking at...

DIPAM announced the shortlist of BRLMs to manage the proposed IPO of LIC. The list of investment bankers include Kotak Mahindra, Goldman Sachs, JP Morgan, ICICI Securities, JM Financial, Citigroup,...

SEBI announced the introduction of  optional T+1 rolling settlement, effective from 01st Jan 2022. This was after SEBI received requests from various stakeholders to shorten the settlement cycle. To begin...

Rating agency, Fitch, has raised doubts over BPCL sale going through on times. Apart from process complexity, valuation disputes may also delay the process, according to Fitch. The agency continues...