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3 mins read
Sensex-Nifty ends in red amid enhanced volatility and continued FII selling
After a positive start on Tuesday, the Indian stock market encountered selling pressure, leading to…
ANI
2 mins read
Aadhar Housing Finance sets IPO price band at ₹300-315 per share
This will be the third maiden public issue opening next week after TBO Tek and Indegene. …
PTI
2 mins read
Japanese investment bank Daiwa to buy minority stake in Ashok Wadhwa’s Ambit
With the stake sale, Ambit will gain access to Daiwa’s global network, which is one of the large…
4 mins read
Adani raises $1.4 bn from stake sale in 3 cos; $9 bn raised in 4 yrs
Adani Group has raised $1.38bn through the sale of stakes in three of its companies – Adani Enterpr…
PTI
2 mins read
The office market is so bleak that Canada's largest pension fund sold its stake in an NYC building for $1
Canada's biggest pension fund sold a stake in a New York office it had plans to redevelop for a buc…
Phil Rosen
3 mins read
Kotak Mahindra Bank, Bandhan Bank and IndusInd Bank share prices soar with refinancing pulling them out of the red
Kotak Mahindra Bank continues to be the top gainer on the stock market followed by Bandhan Bank,…
4 mins read
Tap your ring or watch to pay! Wearable payment devices are a reality, but challenges remain
Technology has transformed every aspect of our lives, and payments are no different. From debit and…
2 mins read
IndusInd Bank promoter Hinduja Group may raise stake in bank to 26% after RBI’s latest change in private bank norms
IndusInd Bank may benefit from the RBI’s latest change in ownership norms as promoter Hinduja Group…
3 mins read
IndusInd Bank surges over 4% after RBI committee proposes to increase the cap on promoter stake in private sector banks
IndusInd Bank’s shares are up over 4% after the Reserve Bank of India’s (RBI) Internal Working Grou…
1 min read
JPMorgan CEO Jamie Dimon will trim his stake in the lender for the first time
Jamie Dimon will sell 1 million JPMorgan shares, worth more than $140 million at current prices, st…
Filip De Mott
6 mins read
It's civil 'judgment' day for Trump, but don't expect padlocks and a sheriff's sale just yet
New York City might pocket a $25M cut of the proceeds. But the process could take NY AG Letitia Jam…
Laura Italiano
1 min read
Jana Small Finance Bank IPO subscribed 88% on first day of bidding
The Initial Public Offering (IPO) of Jana Small Finance Bank was subscribed 88 per cent on the firs…
PTI
2 mins read
The US is pressuring the biggest Western bank in Russia to cancel a $1.6 billion industrial investment
Raiffeisen Bank International has drawn scrutiny from Washington for a complex plan to unlock asset…
Filip De Mott
2 mins read
Long-time Credit Suisse shareholder Harris Associates reportedly sold its entire stake in the embattled bank
Long-time Credit Suisse shareholder Harris Associates has sold its entire stake in the Swiss bank, …
Zinya Salfiti
2 mins read
US stocks fall as investors weigh strong bank earnings against weak retail sales data
Retail sales "pointed to tapped-out consumers against the backdrop of an economy that is running on…
Matthew Fox
2 mins read
Aditya Parekh’s Faering Capital picks up stake in Vastu Housing Finance
Vastu Housing Finance has closed a fund raise from Faering Capital, founded by Aditya Parekh and Sa…
4 mins read
Banks in India may have to fight harder for deposits
Fixed income investors in India are spoilt for choice and bank deposits are far down on the list of…
5 mins read
Even after the LIC IPO, Indian government may be well short of its divestment target — for a third year in a row
The union government might miss the divestment target for financial year 2022, which will be the th…
1 min read
A top investor in Charles Schwab sold its entire $1.4 billion stake as the brokerage fell victim to the banking turmoil
"We didn't see an existential risk but they were caught up in the sentiment around banks," GQG Part…
Zahra Tayeb
1 min read
A top investor in Charles Schwab sold its entire $1.4 billion stake as the brokerage fell victim to the banking turmoil
"We didn't see an existential risk but they were caught up in the sentiment around banks," GQG Part…