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Track key corporate news, quarterly earnings summaries, startup funding updates, executive movements, and major company announcements across leading industries.
India’s banking sector is set to gain a powerful new weapon against digital fraud. The National Payments Corporation of India (NPCI) has initiated a pilot for an AI model that can detect and track stolen money in real-time as it moves across bank accounts. This innovative technology aims to intercept fraudulent transactions before funds vanish,…
The central bank’s bond buyback saw a lukewarm market reception, attracting significantly less than the offered amount despite a liquidity deficit in the banking system. Banks held back, anticipating future inflows and preferring short-term papers. Meanwhile, the benchmark 10-year government bond yield dipped to its lowest since March, buoyed by falling oil prices and record…
Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM Financial ARC’s bid to recover more from KSK Mahanadi Power via guarantees was dismissed, as the tribunal found their admitted dues were already fully satisfied. This landmark judgment clarifies that approved resolution plans are binding,…
Kumar (66), a seasoned public policy leader and financial sector reformer, is widely credited with playing a key role in revitalising India’s banking and financial system during a period of significant stress between 2017 and 2020. During his tenure, he strengthened governance, risk management and regulatory oversight across banks by institutionalising specialised monitoring of large…
India’s leading retail broker, Zerodha, is making a significant move into investment banking. The company has applied to Sebi for a merchant banking license through its arm, Zerodha Corporate Advisors. This strategic expansion comes as the equity capital markets show strong potential, with experts noting ample room for new players possessing robust distribution and investor…
Espire Hospitality has achieved a landmark financial year 2026, reporting Rs 141 crore in revenue, a 17% increase, and Rs 8 crore in profit. The company saw a strong Q4 with Rs 49 crore revenue and Rs 11 crore EBITDA. With 17 hotels and significant expansion plans, including a Rs 300 crore ultra-luxury resort near…
US stocks closed sharply higher with the Dow hitting a record close as easing US-Iran tensions lifted sentiment. Tech stocks led gains, with Nasdaq rising over 2%. Investors also focused on upcoming earnings season, while Comcast, SpaceX and Alphabet added momentum to the broader market rally.
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US stock exchanges Nasdaq and NYSE plan a rare joint opening bell from the Oval Office next week to promote Donald Trump’s new child investment scheme, Trump Accounts. The program offers $1,000 seed funding for eligible US children, aiming to boost early investing awareness and participation among families nationwide efforts
Indian equities ended lower, snapping a two-day rally as escalating Iran-US tensions and profit booking weighed on sentiment. Sensex fell 372 points and Nifty lost 110, while analysts advised a buy-on-dips strategy above the key 23,800 support level.