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Axis Bank raises $300 million in senior notes amid market report discrepancies

Axis Bank has priced $300 million of senior notes due 2029, as part of its ongoing efforts to secure cheaper dollar liquidity through offshore markets, amid conflicting reports on recent bond issuance totals. Axis Bank has priced $300 million of…

  • apxadmin
  • August 17, 2026
  • Economy, Policy and Business

Lloyds Engineering raises over ₹500 crore to expand steel fabrication and defence capabilities

Lloyds Engineering Works completes a ₹504 crore equity issue to bolster its structural steel and defence sectors, acquiring a controlling stake in SISCOL and signing a key technology transfer deal with Italy’s Alpar Ingegneria. Lloyds Engineering Works has completed a…

  • apxadmin
  • August 17, 2026
  • Economy, Policy and Business

India aims for at least one domestic bank to enter the global top five by 2047

Prime Minister Narendra Modi has set an ambitious goal for India’s banking sector to see at least one domestic bank ranked among the world’s top five by 2047, as part of the broader Viksit Bharat vision and ongoing reforms to…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

Using credit cards to pay mortgages may do more harm than good, warns experts

Many households consider credit card payments for mortgage bills as a quick cash-flow fix, but the costs, delays, and risks involved suggest it’s a short-term solution at best. For many households, the mortgage is the biggest monthly bill, so it…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

Air India’s fare discounts and promotions become more complex and targeted

Air India is enhancing its marketing strategy with a range of fare cuts, promotions, and concessions that vary by route and booking channel, requiring passengers to navigate fine print to maximise savings. Air India is marketing a mix of fare…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

Major lenders accelerate mortgage rate cuts amid intensifying competition

Santander, Nottingham Building Society, and Nationwide have announced significant reductions in mortgage rates, signalling a fierce battle for borrowers as lenders adjust their offerings amidst a busy market shift. Santander and Nottingham Building Society have joined a growing list of…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

How route choices and compliance impact Indian-German service payments in 2026

For Indian exporters receiving payments from German clients, the choice of transfer method, invoice precision, and tax documentation significantly influence the final amount received, with new channels emerging to optimise costs amidst evolving regulations by 2026. A German client can…

  • apxadmin
  • August 17, 2026
  • Fintech & Digital Money

Iranian platform Divar halves car fraud reports with AI-driven anti-scam measures

Divar, an Iranian classifieds platform, has reduced car listing fraud reports by 50% through a multi-layered AI-powered system that includes instant account blocking, buyer warnings, and license-plate verification, aiming to combat sophisticated scam tactics. Iranian classifieds platform Divar says it…

  • apxadmin
  • August 17, 2026
  • Tax, Laws & Money Explained

Indian card payment failures expose difficulty in bridging global and local payment systems

Payment declines for Indian cards often stem from misaligned international gateway configurations and local authentication rules, highlighting the need for localisation in cross-border digital commerce. Indian card payments can fail for reasons that have little to do with the cardholder…

  • apxadmin
  • August 17, 2026
  • Markets & Investing

Sunshine Pictures targets primary market revival with ₹282 crore IPO amid mixed earnings

Sunshine Pictures plans to raise ₹282.14 crore through an IPO to bolster working capital and expand its film and digital content production amidst a recent dip in revenue, signalling a potential rebound in India’s entertainment sector. Sunshine Pictures is set…

  • apxadmin
  • August 17, 2026
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