Latest News
Exito Media Concepts presents the 31st edition of the future industry summit – Saudi Arabia 2026
Saudi Arabia’s manufacturing sector is entering a pivotal phase of transformation, driven by rapid advancements in smart factory technologies, AI-led automation, industrial IoT, robotics,...
News
Intellect’s last twelve months revenue crosses INR 3000 crs in Q3 FY26
Intellect Design Arena Ltd., a global leader in AI-first financial technology, today announced robust financial results for the last twelve months (LTM) ending December...
Shriram Finance’s Unnati Fixed Deposit programme receives AAA ratings
Shriram Finance Limited (SFL), the flagship company of the Shriram Group, announced that its Fixed Deposit Programme has been assigned a 'CARE AAA; Stable'...
Intellect brings world’s only AI-First payments platform to US market as payment revolution accelerates
Intellect Design Arena Ltd., an enterprise-grade global financial technology leader, today announced the acceleration of its US market expansion with the world’s only AI-first payments...
Intellect acelerates global enterprise AI adoption, onboards 14 value discovery partners for Purple Fabric ecosystem
Intellect Design Arena Ltd, a global leader in enterprise-grade financial technology, today announced the onboarding of 14 Value Discovery Partners across India, Africa, Europe, the...
Cabinet approves continuation of Atal Pension Yojana (APY) and extension of funding support for promotional and developmental activities and gap funding till 2030-31
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today approved the continuation of Atal Pension Yojana (APY) up to FY 2030-31...
Cabinet approves equity support to Small Industries Development Bank of India
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the equity support of Rs.5,000 crore to Small Industries Development Bank...
Crypto
Hyperscale Data Bitcoin Treasury at 560.0363 bitcoin
Hyperscale Data, Inc., an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that its Bitcoin treasury, consisting of BTC generated from...
BlackRock forecasts cryptocurrency and blockchain as key market forces by 2026
BlackRock, the global investment giant overseeing $10 trillion in assets, has highlighted Bitcoin, Ether, and stablecoins as key forces shaping global markets by 2026.
In...
Binance will list Ripple USD (RLUSD) and introduce RLUSD zero trading fee promotion
Ripple's dollar-pegged stablecoin RLUSD will launch spot trading on Binance starting Thursday, initially supporting the Ethereum blockchain, with integration into Ripple's own XRP Ledger...
Mutual Fund
Samco Mutual Fund launches India’s first actively managed momentum-based Mid-Cap Fund aiming to capture the next phase of India’s growth
Samco Asset Management Private Limited today announced the launch of the Samco Mid Cap Fund, India’s first actively managed momentum-based mid-cap fund, seeking to identify and...
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FinTech
Intellect’s last twelve months revenue crosses INR 3000 crs in Q3 FY26
Intellect Design Arena Ltd., a global leader in AI-first financial technology, today announced robust financial results for the last twelve months (LTM) ending December...
Intellect brings world’s only AI-First payments platform to US market as payment revolution accelerates
Intellect Design Arena Ltd., an enterprise-grade global financial technology leader, today announced the acceleration of its US market expansion with the world’s only AI-first payments...
Intellect acelerates global enterprise AI adoption, onboards 14 value discovery partners for Purple Fabric ecosystem
Intellect Design Arena Ltd, a global leader in enterprise-grade financial technology, today announced the onboarding of 14 Value Discovery Partners across India, Africa, Europe, the...
Proposed IBC amendments encouraging, given persistently low recovery rates and lengthy resolutions: ICRA
ICRA expects the proposed amendments introduced to Insolvency and Bankruptcy Code (IBC), in Parliament along with other reforms and proposals put forth by Ministry...
Bank
Cabinet approves equity support to Small Industries Development Bank of India
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the equity support of Rs.5,000 crore to Small Industries Development Bank...
Indian banking sector posts record profits; NPAs fall to decade-low as reforms pay off
India’s banking sector has recorded a marked turnaround in financial health over the past decade, driven by sustained government-led reforms, timely recapitalisation, and stronger...
Inter-Departmental committee meets to review proposals of foreign banks seeking presence in India
The Inter-Departmental Committee (IDC), chaired by the Secretary, Department of Financial Services (DFS), Shri M. Nagaraju, held a meeting today to consider proposals submitted...
Bank Credit growth maintains robust momentum
Bank credit growth in India continues to remain resilient, reflecting sustained lending momentum across key segments of the economy. As per the latest data...
IPO
XED takes a major step forward as NSE international exchange grants In-Principle approval for India’s first GIFT City IPO
XED, a globally integrated executive education enterprise, has received in-principle approval from NSE International Exchange (NSE IX) for its proposed initial public offering of...
Upcoming IPO Update: Amagi Media Labs IPO to open next week- Key details investors should know before applying
Amagi Media Labs is set to open its initial public offering next week, bringing a ₹1,788.62 crore issue to the market and giving investors...
BCCL IPO update: Falling GMP signals shift in market sentiment -Here’s what to know
The initial public offering of Bharat Coking Coal Limited (BCCL) is seeing a cooling of investor enthusiasm as its grey market premium (GMP) has...
Strong start for ICICI Prudential AMC IPO as QIB quota gets fully subscribed on opening day
ICICI Prudential AMC initial public offering opened to a moderate response on the first day, with overall bids reaching 0.73 times the shares on...
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
Shriram Finance’s Unnati Fixed Deposit programme receives AAA ratings
Shriram Finance Limited (SFL), the flagship company of the Shriram Group, announced that its Fixed Deposit Programme has been assigned a 'CARE AAA; Stable'...
HDB Financial Services Q3 FY26 result: Strong growth & prudent provisioning drive profits Up 36%, PAT soars to ₹644 crore
AUM Crosses ₹1.14 Lakh Crore Mark as Pre-Provisioning Operating Profit Jumps 23.2%; Company Fortifies Balance Sheet with Labour Code & NPA Provisions
Leading financial services...
2025 marks pivotal shift in india’s financial landscape as aspirations, digital growth fuel momentum: Ramesh G, MD & CEO, HDB financial services
Ramesh G, Managing Director & Chief Executive Officer of HDB Financial Services, shared his year-end outlook, highlighting 2025 as a pivotal year for India’s...
India’s credit landscape sees shift towards premium consumption and Digital-First Lending
India’s retail credit landscape is undergoing a structural shift, driven by rising consumer aspiration, increasing preference for premium products, and rapid adoption of digital-first...
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LATEST ARTICLES
Exito Media Concepts presents the 31st edition of the future industry summit – Saudi Arabia 2026
Saudi Arabia’s manufacturing sector is entering a pivotal phase of transformation, driven by rapid advancements in smart factory technologies, AI-led automation, industrial IoT, robotics,...
Intellect’s last twelve months revenue crosses INR 3000 crs in Q3 FY26
Intellect Design Arena Ltd., a global leader in AI-first financial technology, today announced robust financial results for the last twelve months (LTM) ending December...
Shriram Finance’s Unnati Fixed Deposit programme receives AAA ratings
Shriram Finance Limited (SFL), the flagship company of the Shriram Group, announced that its Fixed Deposit Programme has been assigned a 'CARE AAA; Stable'...
Hyperscale Data Bitcoin Treasury at 560.0363 bitcoin
Hyperscale Data, Inc., an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that its Bitcoin treasury, consisting of BTC generated from...
Intellect brings world’s only AI-First payments platform to US market as payment revolution accelerates
Intellect Design Arena Ltd., an enterprise-grade global financial technology leader, today announced the acceleration of its US market expansion with the world’s only AI-first payments...
Artajasa, the Largest Operator of Indonesia’s QRIS, and Ant International Launch Global Payments and Digital Finance Partnership
PT Artajasa Pembayaran Elektronis (“Artajasa”), Indonesia’s leading payment system infrastructure provider, has entered into a Memorandum of Understanding (MoU) with Ant International, a leading...
XED takes a major step forward as NSE international exchange grants In-Principle approval for India’s first GIFT City IPO
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Tinaba with Banca Profilo strengthens its global positioning and launches digital payments in the Chinese mainland with Alipay+
Tinaba with Banca Profilo announces the launch of digital payments in the Chinese mainland through the extension of its strategic partnership with Alipay+, Ant International’s...
Intellect acelerates global enterprise AI adoption, onboards 14 value discovery partners for Purple Fabric ecosystem
Intellect Design Arena Ltd, a global leader in enterprise-grade financial technology, today announced the onboarding of 14 Value Discovery Partners across India, Africa, Europe, the...
BlackRock forecasts cryptocurrency and blockchain as key market forces by 2026
BlackRock, the global investment giant overseeing $10 trillion in assets, has highlighted Bitcoin, Ether, and stablecoins as key forces shaping global markets by 2026.
In...
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Exito Media Concepts presents the 31st edition of the future industry summit – Saudi Arabia 2026
Saudi Arabia’s manufacturing sector is entering a pivotal phase of transformation, driven by rapid advancements in smart factory technologies, AI-led automation, industrial IoT, robotics,...
Intellect’s last twelve months revenue crosses INR 3000 crs in Q3 FY26
Intellect Design Arena Ltd., a global leader in AI-first financial technology, today announced robust financial results for the last twelve months (LTM) ending December...
Shriram Finance’s Unnati Fixed Deposit programme receives AAA ratings
Shriram Finance Limited (SFL), the flagship company of the Shriram Group, announced that its Fixed Deposit Programme has been assigned a 'CARE AAA; Stable'...
Hyperscale Data Bitcoin Treasury at 560.0363 bitcoin
Hyperscale Data, Inc., an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that its Bitcoin treasury, consisting of BTC generated from...