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Two promoter exits - shakeout in housing finance sector?

With the promoters of two housing finance companies exiting the business, is there a shake out happ…

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2 mins read

TPG to acquire Adar Poonawalla-led group’s housing finance arm at ₹3,900 crore valuation

US-based private equity major TPG has agreed to acquire the housing finance arm of Adar Poonawalla-…

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1 min read

Billionaire Poonawalla has put the money where his mouth is⁠— housing finance and general insurance

Vaccine maker Adar Poonawalla decided to take charge of Magma Fincorp and the stock spiked 10 percentMagma mainly lend money to those who buy cars, tractors and h…

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Be prepared for export tariff walls by nations undergoing green transition: FM Nirmala Sitharaman

Sitharaman further noted that with many European nations looking to relocate to other countrie…

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Sensex, Nifty50 fall for second consecutive day as hawkish central banks continue to spook investors

Equity benchmarks Sensex and Nifty declined nearly 1 per cent on Friday, in tandem with a weak tren…

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Indian markets open in the red amid weak global cues – Wipro, Zee Entertainment, RIL among stocks to watch out for

Indian equity markets opened in the red on Friday following negative global cues on concerns over g…

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DroneAcharya IPO subscribed 262x on last day as HNIs, retail investors lap it up

The IPO of DroneAcharya Aerial Innovations received an overwhelming investor interest, and was subs…

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Ice cubes to gulab jamuns and 50 lakh kilos of organic fruits and veggies – how India Swiggy’d in 2022

Swiggy’s latest annual trends report reveals just how dependent Indians have become on ordering foo…

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4 mins read

Gautam Adani: Man of the year

Gautam Adani, India’s richest and the world’s third richest person, has been crowned ‘Asia’s busies…

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Azim Premji, Anand Mahindra, AIIMS Chief call for private participation in India’s COVID-19 vaccine rollout

India is currently in the middle of the world’s largest COVID-19 vaccine rollout and to speed thing…

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Deepak Parekh, a legend from India’s financial capital, must be on your watchlist at Global Trends Festival 2020

A young chartered accountant from London had a plum job with Chase Manhattan when his charismatic u…

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The leadership from Asia, and India in particular, will be at the heart of Global Trends Festival 2020

Asia is not just the centre of the pandemic, it also has the potential to be the epicentre of the r…