BofA Securities offloaded shares of five companies, including Grasim Industries and Manappuram Finance, for Rs 859 crore through open market transactions.

The Reserve Bank of India has asked NBFCs to stick to a cash payment limit of Rs 20,000 for gold loans, citing Income Tax laws. This move aims to enhance compliance and transition towards digital...

Asirvad Micro Finance, a subsidiary of Manappuram Finance, gets Sebi's approval for its initial public offering (IPO) to raise up to Rs 1,500 crore. The IPO will be a fresh issue of equity shares...

Manappuram Finance plans to raise up to USD 500 million through external commercial borrowings (ECBs) to support business growth.

Indian bankers welcome RBI's decision to maintain key rates, with focus on LCR review to address digital liquidity risks.

Private equity and venture capital investments in India rose 8% to USD 31.5 billion in the first half of 2024, driven by a surge in deal volume and large transactions, according to a report by IVCA...

An IndiGo flight from Abu Dhabi to Delhi was diverted to Muscat on Monday due to a technical issue. The airline is providing hotel accommodation and alternative arrangements for passengers.

Small Industries Development Bank of India (Sidbi) receives USD 215.6 million loan from Green Climate Fund for implementing climate-resilient projects in Indian MSMEs.

Jana Small Finance Bank reported an 89% jump in Q1 net profit to Rs 171 crore, driven by strong loan growth and stable margins. Gross NPA ratio rose to 2.62% from 2.11% in the previous quarter.

The Economic Survey of India 2023-24 forecasts a conservative 6.5-7% growth, citing global uncertainties. Experts weigh in on budget expectations for key sectors like agriculture, infrastructure...

Private equity and venture capital investments in India rose 8% to USD 31.5 billion in the first half of 2024, driven by a surge in deal volume and large transactions, according to a report by IVCA...

Integra Essentia's net profit rose to Rs 2.45 crore in the June quarter, driven by increased revenue. The company's total income reached Rs 88.09 crore.

An IndiGo flight from Abu Dhabi to Delhi was diverted to Muscat on Monday due to a technical issue. The airline is providing hotel accommodation and alternative arrangements for passengers.

Small Industries Development Bank of India (Sidbi) receives USD 215.6 million loan from Green Climate Fund for implementing climate-resilient projects in Indian MSMEs.

Confederation of Indian Industry National MSME Council Co-Chairman calls for active government support in digitizing MSMEs and expanding market access.