HDFC Life Insurance announces a bonus of Rs 3,722 crore for its policyholders
HDFC Life Insurance announcement:
HDFC Life Insurance announced its highest-ever bonus of Rs 3,722 crore on participating plans for nearly 22.23 lakh policyholders on Wednesday....
LIC Housing Finance Q4 Results: Net profit decreases by 7.5%, amounting to Rs 1,091 crore
LIC Housing Finance Q4 Results:
On Wednesday, mortgage financier LIC Housing Finance reported a 7.5% decline in its net profit, which stood at Rs 1,091...
The RBI advises NBFCs to remain vigilant against potential risks at all times.
RBI's Warning to NBFCs
During an interaction on Wednesday, RBI Deputy Governor Swaminathan J urged Non-Banking Financial Companies (NBFCs) to bolster their governance and assurance...
HDFC Bank allocates 5-7% of its total expenses to technology investments
HDFC Bank news update:
HDFC Bank allocates 5-7% of its overall expenses to technology, according to Parag Rao, Country Head of Payments, Liability Products, Consumer...
SBI boosts interest rates for retail and bulk fixed deposits by a substantial 0.25% to 0.75%
SBI rates boost:
SBI, the largest lender in the country, increased interest rates for retail and bulk fixed deposits by 0.25% to 0.75% on Wednesday,...
U.S. consumer prices rose less than anticipated in April, with core CPI growth also slowing
U.S. consumer prices rose
U.S. consumer prices increased less than expected in April, indicating that inflation resumed its downward trend at the start of the...
The highly anticipated Go Digit IPO opens today for bidding
Go Digit IPO Update
Power couple Anushka Sharma and Virat Kohli-backed Go Digit is set to launch its initial public offering (IPO) on Wednesday, May...
Blackstone-led consortium is interested in acquiring the snacks business of India’s Haldiram’s.
Blackstone-led consortium is interested in acquiring the snacks business:
A consortium that includes Blackstone, Singapore state fund GIC, and the Abu Dhabi Investment Authority (Adia)...
NYCB is set to sell nearly $5 billion in mortgage warehouse loans to JPMorgan.
NYCB is set to sell nearly $5 billion:
EMBATTLED regional lender New York Community Bancorp (NYCB) announced on Tuesday (May 14) that it has agreed...
Moody’s projects a 6.6% growth rate for the Indian economy in FY25.
Moody's prediction:
Moody’s Ratings on Tuesday projected the Indian economy to grow by 6.6 percent in the current fiscal year. They noted that strong credit...
ABB invests in Ndustrial to accelerate decarbonization through AI-powered energy management technologies
ABB invests in Ndustrial
ABB today announced a minority investment in Ndustrial, a US-based clean technology startup that has developed a leading-edge, AI-powered energy management...
Paytm Leads the Way: Prioritizing UPI Lite for Seamless Low-Value Transactions
Paytm's Focus: UPI Lite for Low-Value TransactionsOn Monday, One97 Communications, the parent company of Paytm, announced its focus on the UPI Lite wallet to...
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Indian mutual fund industry sees steady growth in January 2026, crosses ₹81 lakh crore AUM milestone
The Indian mutual fund industry sustained its growth trajectory in January 2026, with the Net Assets Under Management (AUM) climbing to ₹ 81.01 lakh crore,...
Exito Media Concepts announces the 44th edition of the enterprise Tech Summit – Saudi Arabia 2026
Saudi Arabia is undergoing a defining phase in its digital transformation journey, powered by rapid advancements in AI adoption, cloud modernization, smart governance, and...
Carlyle to invest ₹2,100 Cr in Edelweiss’ Nido Home Finance
Edelweiss Financial Services Limited (Edelweiss) and global investment firm The Carlyle Group (NASDAQ: CG) today announced that investment funds affiliated with Carlyle will acquire...
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,...