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3 mins read

Bharti Hexacom IPO opens to a tepid response with 34% of the issue subscribed

As much as 34% of Bharti Hexacom’s ₹4,275 crore public offer was subscribed by the end of the first…

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2 mins read

India's once-hot startup Byju's was valued at $22 billion. Now, BlackRock says its investment is worth nothing.

The Indian company, once valued at $22 billion, is facing legal and financial troubles. HSBC just w…

Shubhangi Goel   


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2 mins read

Jio Financial services and BlackRock to form India asset management joint venture

Jio Financial Services Limited (JFS) and BlackRock [ BLK] today announced an agreement to form Jio …

ANI   


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2 mins read

India's biggest IPO off to a slow start, subscribed 0.18x on Day 1

Hyundai Motor India allocated 4.2 crore equity shares to these anchor investors at Rs 1,960 per sha…

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2 mins read

Not content being a large foreign investor, BlackRock’s boss Larry Fink says India is at the heart of its global platform

At the 46th AGM of the company, Larry Fink, the chairman and chief executive officer of BlackRock ,…

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4 mins read

The legacy behind Mukesh Ambani’s Jio Financial Services

India’s fifth largest financial services company, Jio Financial Services, was born recently with a …

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2 mins read

BlackRock’s iShares drops the R from its BRIC ETF as it stops tracking Russian securities.

BlackRock's iShares has ditched the "R" from its "BRIC" ETF as trading in Russian securities is now…

Hamza Fareed Malik   


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6 mins read

Bitcoin’s bizarre hike renewed enthusiasm last quarter! What does the future hold for investors?

In the ever-evolving landscape of finance, few phenomena have captured the imagination and attentio…

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2 mins read

WeWork files for bankruptcy but India's operations not affected

Leading flexible workspace provider WeWork, once valued at $47 billion, has filed for bankruptcy in…

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3 mins read

India's largest private sector bank is now bigger than the likes of Lockheed Martin, HSBC or BlackRock

HDFC Bank crossed a new milestone as its market capitalisation hit ₹8 lakh crore ($108 billion) whe…

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2 mins read

India’s asset management market set for more star power as big boys jump in

Indian investors will have more choice when it comes to mutual funds with new fund houses setting u…

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3 mins read

Android malware 'BlackRock' prowling in cyber space, may steal banking data: Advisory

New Delhi, Jul 30 () The country's cyber security agency has issued an alert against an Android mal…

PTI   


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2 mins read

Amazon invests $12 mn in Indian insurance start-up Acko

After losing out on its offer to buy 60% stake in Flipkart, Amazon continues undeterred with its in…

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6 mins read

Max Financial Services: Company worth ₹24,000 crore running with only 12 employees

A holding company with only 12 employees has made it to India’s top 500 most valuable companies, ac…

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2 mins read

Snapdeal, Paytm set for a face-off to win a big share in India’s growing bill payment market

As the number of people using credit cards and debit cards have surged, digital payments have e…

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2 mins read

BlackRock is making changes at the top as the $6.4 trillion manager continues its pivot towards Asia-Pacific

Such is the sway of a BlackRock on the move, Fink brought this year's annual DAVOS economic forum a…

Christian Edwards,Christian E…   


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4 mins read

The managing director of a non-profit founded by BlackRock and McKinsey explains the one thing companies can do to be more like Amazon

Thinking long-term is the name of the game for Loat. FCLT Global's name stands for Focusing Capital…

Becky Peterson   


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2 mins read

Russian oil is traveling to Asia on tankers that used to carry sanctioned Iranian crude, as 'dark' trading expands

Russia, Iran and Venezuela - economies all struggling under US sanctions - are increasingly competi…

Harry Robertson   


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1 min read

Online Marketplace Snapdeal.com Raises $100 Million From 5 Investors

Online marketplace Snapdeal.com has raised $100 million from a group of five investors, the company…

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5 mins read

Cairn accepts India's $1 billion refund offer, says will drop all cases against the government

The offer to return money seized to enforce retrospective tax demand in lieu of dropping all l…

PTI