Latest News
New research of Xero reveals why it’s time for New Zealand small business owners to celebrate milestones
Xero, the global small business platform, has published new independent research analysing how small business owners from Australia, Canada, New Zealand, Singapore, South Africa,...
News
NPST delivers 24.83% QoQ revenue growth in Q1 FY26
Network People Services Technologies Ltd. (NPST), a leading digital banking and fintech infrastructure provider, reported quarter-on-quarter growth in the first quarter of FY26, with...
ICRA Q1 FY2026 Results: Revenue rises 8.4%, PAT jumps 19.2% amid robust ratings growth & strategic acquisition of Fintellix
ICRA Limited announced its results for the first quarter ended June 30, 2025, on July 31st, 2025. Consolidated revenue from operations increased by 8.4%...
ICRA: AHFCs’ sector AUM to reach Rs. 2.5 trillion by FY2028
Rating agency ICRA projects retail mortgage-backed loans offered by non-banking financial companies (NBFCs) and housing finance companies (HFCs) to expand to Rs.20 trillion by...
The end of evergreening? RBI’s new AIF rules could reshape bank investment strategies
The RBI has implemented sweeping reforms to regulate investments by banks and financial institutions in Alternative Investment Funds, introducing stringent new norms that will...
Paytm: How a fintech giant Fell but Refused to Die
Paytm's dramatic journey—from dizzying heights to near-collapse and now to cautious recovery—isn't just another corporate saga. It's the defining story of India's fintech revolution,...
Intellect Q1FY26 revenues grew 18% YoY to INR 734 Crore; PAT grew 27% to INR 94 Crore
Intellect Design Arena Ltd, an enterprise-grade global financial technology leader, known for its application of First Principles Thinking, Open Finance Architecture, and Design Thinking...
Crypto
Bybit Crypto Insights Report: Aster Takes on Hyperliquid in the Perp DEX Boom
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released its latest Bybit Crypto Insights report, analyzing the growth of decentralized perpetual exchanges...
Bybit Q3 2025 asset allocation report: Stablecoin holdings drop as investors pivot to SOL, XRP, and Altcoins
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released its Q3 2025 Asset Allocation Report, showing a sharp decline in stablecoin holdings...
TeraWulf secures long-term ground lease at Cayuga site to expand high-performance computing infrastructure
TeraWulf Inc., a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced the execution of a...
Mutual Fund
Mahindra Manulife Mutual Fund announces the launch of Mahindra Manulife Banking and Financial Services Fund
Mahindra Manulife Mutual Fund, a joint venture between Mahindra & Mahindra Financial Services Limited ("Mahindra Finance") and Manulife Investment Management (Singapore) Pte. Ltd., has...
FinTech
NPST delivers 24.83% QoQ revenue growth in Q1 FY26
Network People Services Technologies Ltd. (NPST), a leading digital banking and fintech infrastructure provider, reported quarter-on-quarter growth in the first quarter of FY26, with...
ICRA Q1 FY2026 Results: Revenue rises 8.4%, PAT jumps 19.2% amid robust ratings growth & strategic acquisition of Fintellix
ICRA Limited announced its results for the first quarter ended June 30, 2025, on July 31st, 2025. Consolidated revenue from operations increased by 8.4%...
Paytm: How a fintech giant Fell but Refused to Die
Paytm's dramatic journey—from dizzying heights to near-collapse and now to cautious recovery—isn't just another corporate saga. It's the defining story of India's fintech revolution,...
Intellect Q1FY26 revenues grew 18% YoY to INR 734 Crore; PAT grew 27% to INR 94 Crore
Intellect Design Arena Ltd, an enterprise-grade global financial technology leader, known for its application of First Principles Thinking, Open Finance Architecture, and Design Thinking...
Bank
The end of evergreening? RBI’s new AIF rules could reshape bank investment strategies
The RBI has implemented sweeping reforms to regulate investments by banks and financial institutions in Alternative Investment Funds, introducing stringent new norms that will...
Cathay United Bank gains approval from Taiwan FSC to establish a branch in India
In a strategic move to expand its international presence and meet the cross-border financial needs of Taiwanese businesses, Cathay United Bank (CUB) is preparing...
FIU-IND and RBI sign MoU for enhanced coordination and information exchange
The MoU will facilitate coordinated efforts towards effective compliance with Prevention of Money Laundering Act and Rules framed thereunder
The Financial Intelligence Unit- India (FIU-IND)...
RBI projects 6.5% GDP growth for FY 2025-26
RBI's MPC, in its 54th meeting and the first of the financial year 2025–26, unanimously decided to reduce the policy repo rate by 25...
IPO
Retail leads NSDL IPO with 100% bids as QIBs 50%; Day 1 Subscription 38%
The highly anticipated initial public offering (IPO) of National Securities Depository Limited (NSDL), valued at ₹4,012 crore, recorded a 159% subscription on its opening...
Lenskart Eyes ₹2,150 crore IPO: India’s eyewear giant set for blockbuster market debut
Eyewear retail giant Lenskart Solutions Ltd. is steadily advancing towards its highly anticipated initial public offering (IPO), marking a significant milestone for the Indian...
NSDL IPO Details: Pure offer for sale with price band set at ₹760-800 per share
The National Securities Depository Ltd (NSDL) is set to launch its much-anticipated initial public offering, which will consist entirely of an Offer for Sale...
HDB Financial share list at 13% premium form IPO price, what next?
HDB Financial Services made a strong debut on the stock markets today, listing at a 13% premium over its IPO price. The stock opened...
Stock
ABB Switzerland quarterly results: Solid demand; record-high Operational EBITA margin
ABB Switzerland quarterly result Update:KEY FIGURESCHANGECHANGE($ millions, unless otherwise indicated)
Q2 2024
Q2 2023
US$
Comparable1
H1 2024
H1 2023
US$
Comparable1Orders
8,435
8,667
-3%
0%
17,409
18,117
-4%
-2%Revenues
8,239
8,163
1%
4%
16,109
16,022
1%
3%Gross Profit
3,174
2,888
10%6,109
5,604
9%as % of revenues
38.5%
35.4%
+3.1 pts37.9%
35.0%
+2.9 ptsIncome from operations
1,376
1,298
6%2,593
2,496
4%Operational EBITA1
1,564
1,425
10%
12% 3
2,981
2,702
10%
11% 3as %...
Zomato share price update: Stock slip from 52 week high
Zomato shrare price:
Zomato's share slipped from its 52-week high yesterday, and today (July 2, 2024), the stock opened 0.80 paise lower. A brokerage house...
ABB’s net-zero target approved by the science based targets initiative
ABB news update
ABB welcomes the approval of its emissions reduction targets by the Science Based Targets initiative (SBTi). As part of the company’s efforts to enable...
ABB investing $35 million in new U.K. earthing and lightning protection factory
ABB Announces $35 Million Investment in Nottingham Facility for Advanced Lightning Protection Solutions
Lightning strikes and electrical surges disrupt critical operations and cause billions of...
UBS unveils framework to capitalize on AI investment opportunities
UBS introduces framework to size and seize the AI investment opportunity
The launch of ChatGPT marked a watershed moment for AI and its adoption, and...
NBFC
ICRA: AHFCs’ sector AUM to reach Rs. 2.5 trillion by FY2028
Rating agency ICRA projects retail mortgage-backed loans offered by non-banking financial companies (NBFCs) and housing finance companies (HFCs) to expand to Rs.20 trillion by...
MMFSL reported a 33% year-on-year growth in Profit After Tax (PAT) for FY25
The Board of Directors of Mahindra & Mahindra Financial Services Limited (MMFSL), a leading provider of financial services in Emerging India, at its meeting...
Tyger Capital and Credgenics join hands to redefine collections management with innovative tech solutions
Leverage Machine Learning insights backed communications approach
Facilitate digital enablement of field team and offer integrated paymentsTyger Capital, India's leading non-banking financial company...
Vibhor Steel Tubes’ ₹119.83 Crore Greenfield Odisha Plant Starts Trial Production
Vibhor Steel Tubes Limited, a leading manufacturer of high-quality steel tubes and pipes, announced the successful commencement of trial production at its Unit III...
LATEST ARTICLES
New research of Xero reveals why it’s time for New Zealand small business owners to celebrate milestones
Xero, the global small business platform, has published new independent research analysing how small business owners from Australia, Canada, New Zealand, Singapore, South Africa,...
Fortune magazine recognizes Santander Open Academy for changing the world for the better
Santander has been recognized as one of the 50 companies making a positive impact in the world by being included in Fortune Magazine’s ‘Change...
Bybit Crypto Insights Report: Aster Takes on Hyperliquid in the Perp DEX Boom
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released its latest Bybit Crypto Insights report, analyzing the growth of decentralized perpetual exchanges...
UBS Global Real Estate Bubble Index 2025: Dubai and Madrid with strongest bubble risk increase
According to this year’s edition of the UBS Global Real Estate Bubble Index, Miami shows the highest bubble risk among the cities in this...
Alipay+ and Mastercard bring overseas NFC payments to Kakao Pay users
Alipay+, a global wallet gateway under Ant International, supports Kakao Pay, a leading South Korean mobile wallet, in launching NFC (Near-Field Communication) payment for...
Innovation’s Excellence Awards 2025 “Empowering the future of Banking in the Kingdom: Innovation, Transformation, and Growth
The International Centre for Strategic Alliances (ICSA) is proud to announce
the 22nd Edition of the Connected Banking Summit – Innovation & Excellence Awards 2025,...
SMBC Group and Jefferies Significantly Expand Their Global Strategic Alliance
Jefferies Financial Group, Inc. (NYSE: JEF) (“Jefferies”) and Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG) (“SMFG”), Sumitomo Mitsui Banking Corporation (“SMBC”), and SMBC Nikko...
IMF Managing Director Kristalina Georgieva proposes the appointment of Daniel Katz as first deputy Managing Director
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), today proposed the appointment of Daniel Katz as First Deputy Managing Director, effective October...
GLP-1 drugs may reduce mortality by up to 6.4% in the US by 2045
The widespread adoption of GLP-1 weight-loss drugs could reduce mortality rates in the coming decades, according to new Swiss Re research. Under optimistic scenarios,...
Bybit Q3 2025 asset allocation report: Stablecoin holdings drop as investors pivot to SOL, XRP, and Altcoins
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released its Q3 2025 Asset Allocation Report, showing a sharp decline in stablecoin holdings...
Most Popular
New research of Xero reveals why it’s time for New Zealand small business owners to celebrate milestones
Xero, the global small business platform, has published new independent research analysing how small business owners from Australia, Canada, New Zealand, Singapore, South Africa,...
Fortune magazine recognizes Santander Open Academy for changing the world for the better
Santander has been recognized as one of the 50 companies making a positive impact in the world by being included in Fortune Magazine’s ‘Change...
Bybit Crypto Insights Report: Aster Takes on Hyperliquid in the Perp DEX Boom
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released its latest Bybit Crypto Insights report, analyzing the growth of decentralized perpetual exchanges...
UBS Global Real Estate Bubble Index 2025: Dubai and Madrid with strongest bubble risk increase
According to this year’s edition of the UBS Global Real Estate Bubble Index, Miami shows the highest bubble risk among the cities in this...