SBI Funds Management, India's largest asset manager, plans to file draft IPO papers by mid-February for a $1.2-1.4 billion offering, targeting an April listing. SBI and Amundi will divest shares to meet regulatory requirements.
Corporate bond fundraising in India declined 6% to ₹6.76 trillion in FY26's first nine months despite RBI rate cuts, as high yields and global trade shifts made borrowers cautious.
Western Union establishes a new Global Capability Centre in Hyderabad focusing on AI-led innovation and technology engineering, in partnership with HCLTech, to enhance digital payments infrastructure.
Gold and silver prices surged to unprecedented levels in Mumbai's domestic market, driven by global safe-haven demand and industrial factors. Silver's rally is fueled by EV, solar, and tech sectors.
Following the Supreme Court's landmark Tiger Global judgment, companies are increasingly seeking tax indemnity insurance and legal protections for past investments. The ruling clarifies that tax residency certificates alone may not guarantee DTAA exemptio
A Bengaluru consumer commission has penalized Ebixcash World Money at KIA airport for charging exorbitant conversion fees on Thai Baht, ordering refunds and compensation to three Electronics City residents.
Thousands of bank employees in Trichy protested, demanding a five-day work week. The strike disrupted branch operations but digital services remained functional.
Banking services across Bengaluru were severely impacted as public sector bank employees participated in a nationwide strike, protesting against government policies.
Public sector bank unions in Nagpur declared their one-day strike successful, arguing it demonstrated that a five-day banking week is viable without disrupting essential services like money transfers.
Banking operations in Ludhiana district came to a near-complete standstill as thousands joined a nationwide strike demanding immediate implementation of a five-day work week, exacerbating existing service backlogs.
United Forum of Bank Unions staged a protest in Rohtak demanding immediate implementation of a five-day work week in banking industry, with nationwide strike disrupting operations.
Banking operations across Odisha faced severe disruption as public sector bank employees joined a nationwide strike demanding a five-day work week, affecting branches in major cities and causing ATM cash shortages.
Over 40,000 bank employees in Bihar participated in a nationwide strike demanding implementation of the five-day work week promised in the 12th bipartite settlement.
The Reserve Bank of India and European Securities and Markets Authority have signed a memorandum of understanding for information exchange on central counterparties, resolving long-standing disputes and enabling European banks to use Indian clearing facil
Public sector banks across Jharkhand remained closed for the fourth consecutive day due to a nationwide strike by bank unions demanding implementation of a five-day working week, disrupting routine operations.
Banking operations across India face disruptions as the United Forum of Bank Unions (UFBU) observes a nationwide strike demanding a five-day work week, following failed conciliation talks with labor authorities.
National Stock Exchange (NSE) MD & CEO Ashish Chauhan confirms the exchange will work on its Draft Red Herring Prospectus only after officially receiving clearance from SEBI, marking a crucial step toward its anticipated IPO.
Explore Dogecoin (DOGE), the meme-inspired cryptocurrency, including its origins, key developments, and the emerging trends in cloud mining that are shaping its future in the digital asset landscape.
Gold and silver prices surge to unprecedented levels as investors flock to safe-haven assets amid escalating trade tensions and geopolitical risks. MCX gold crosses ₹1.59 lakh, silver tops ₹3.64 lakh.
Bank of America faces operational hurdles in deploying Nvidia's AI infrastructure, highlighting the gap between advanced technology and practical banking applications in the AI era.
Learn how to merge two PF accounts with different UANs as per EPFO guidelines. Understand withdrawal eligibility and tax implications for provident fund accounts when changing jobs.
Gullak has launched India's first jeweller savings scheme marketplace, partnering with CaratLane. This innovative platform aims to revolutionize gold savings for consumers across the country.
Banking operations across Guwahati came to a standstill as employees joined a nationwide strike demanding implementation of a five-day work week, affecting all financial institutions and customer services.
The Reserve Bank of India and European Securities and Markets Authority sign a new pact, restoring EU access to Indian central counterparties and strengthening financial ties.
In a dramatic turn of events, the GST Commissioner of Ayodhya, Rakesh Kumar Singh, resigned from his post, visibly emotional, citing disrespectful comments made by a local seer against Prime Minister Narendra Modi and Chief Minister Yogi Adityanath.
Sandeep Raina of Nuvama Group expects a pause in fiscal consolidation in FY27 to support growth and markets, with rural and export incentives likely in Budget 2026 amid global uncertainties.
The National Consumer Disputes Redressal Commission rejected a Mumbai widow's claim of over Rs 78 lakh, citing non-disclosure of husband's medical history. The ruling emphasizes the 'uberrimae fidei' doctrine in insurance contracts.
Understanding dental treatment coverage in health insurance policies in India. Learn what procedures are typically covered, common exclusions, and tips for choosing the right plan for oral healthcare needs.
The Indian rupee rebounded from its all-time low, appreciating by 19 paise to settle at 91.71 against the US dollar, driven by positive market sentiment and domestic economic factors.
As Union Budget 2026 approaches, investors hope for LTCG tax rate cuts and higher exemption limits to revive market sentiment amid FII selling and geopolitical concerns.