Multicap focussed PMS funds, especially those having allocation to broader market, outperformed their respective benchmarks by wide margins in July thanks to massive rallies in some of the smaller na… [+3244 chars]
Russian financial institutions want to align their country's payment messaging system with the Indian messaging platform, but the Indian bankers and authorities are reluctant to pursue the idea. Acc… [+3564 chars]
The Enforcement Directorate froze assets worth Rs 370 crore of cryptocurrency exchange Vauld on Thursday. This comes just days after the financial probe agency froze assets of cryptocurrency exchange… [+614 chars]
Advisory firm Institutional Investor Advisory Services India Limited (IiAS) has flagged the proposal to reappoint Vijay Shekhar Sharma as the Chief Executive Officer (CEO) of Paytm for another five y… [+2346 chars]
By Herbert Lash and Bansari Mayur Kamdar NEW YORK (Reuters) -The Nasdaq and S&P 500 retreated to close lower on Thursday on the realization the Federal Reserve still needs to aggressively boost … [+3716 chars]
Late on Wednesday (August 10) evening, the Reserve Bank of India (RBI) announced it had cancelled the banking licence of the beleaguered Pune-based Rupee Cooperative Bank, and directed the Registrar … [+4928 chars]
The Reserve Bank of India's (RBI's) latest digital lending guidelines has stepped up pressure on new age lending businesses, forcing them to focus on their non-banking financial company (NBFC) units … [+5058 chars]
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the count… [+1029 chars]
Ola Electric is all set to locally produce lithium ion cells, and doing this will result in the company’s electric scooters getting cheaper by a whopping 25 %. Currently, the Ola S1 Pro – the brand’… [+2674 chars]
Maruti Suzuki recently introduced the all-new Grand Vitara in the Indian market. The mid-size SUV that will arrive on the market later this year is already gaining much popularity. According to HT Au… [+3818 chars]
Reena Chhabra, the chief executive officer of Nykaa's private label division FSN Brands, has resigned with effect from 16 August, 2022, the company said in a regulatory filing. Chhabra had earlier wo… [+1201 chars]
ICICI Bank is covered by 51 analysts on the Street and it enjoys 98% Buy ratings, followed by L&T (98%), ITC (97%), State Bank of India or SBI (96%) and HDFC (96%), said Motilal Oswal in a report… [+2026 chars]