A businessman from Hyderabad fell victim to a multi-layered impersonation scam, losing Rs 75 lakh after fraudsters duped him into transferring cash through a sophisticated social engineering operation that highlights the rising threat of cyber deception in India. A Hyderabad…
As India’s Unified Payments Interface celebrates a decade of transformative growth, experts warn that balancing scalability, security, and inclusion is crucial to maintaining its role as a vital economic infrastructure and expanding its global footprint. India’s Unified Payments Interface has…
Bank of America has agreed to invest approximately $1.9 billion in Jio Credit Ltd, marking a significant step in global banks seeking exposure to India’s burgeoning financial market through strategic partnerships and investments. Jio Financial Services Ltd has agreed a…
A parliamentary committee criticises the Indian government’s efforts to combat cyber-enabled financial fraud, calling for stronger responsibility measures, faster intervention during the golden hour, and revised penalty frameworks to prevent mule account exploitation. The Parliamentary Standing Committee on Finance has…
New analysis reveals that gold is increasingly replacing bonds in investment portfolios, especially during periods of economic stress and uncertainty, challenging the traditional 60/40 model. For decades, the 60/40 portfolio of stocks and bonds was treated as the default answer…
The Nifty index stayed virtually unchanged as intra-day trading fluctuations hint at a market in suspense, with foreign investors shorting futures while domestic institutions offer steady support amid cautious trader positioning. Nifty finished almost unchanged on Thursday, but the narrow…
Pilani Investment reduces its holding in UltraTech Cement as the company accelerates its push into renewable energy, following strong quarterly results and strategic acquisitions that signal a shift towards greener power sources. Pilani Investment and Industries Corporation has trimmed its…
Honasa Consumer more than doubled its net profit in Q1 FY27, driven by strong demand across its brands, expansion into fragrances, and increased offline distribution, signalling robust growth momentum for the year. Honasa Consumer said its first-quarter profit more than…
VST Tillers Tractors Ltd posts a 9.36% rise in profit to ₹48.73 crore in Q1, driven by strong power tiller sales and strategic product focus despite supply and cost challenges. VST Tillers Tractors Ltd posted a stronger first quarter, with…
Veteran investor Dolly Khanna has reduced her stake in Som Distilleries and Breweries amid a turbulent quarter characterised by falling profits, licence renewal delays, and regional headwinds, raising questions over the company’s turnaround prospects. Dolly Khanna’s stake in Som Distilleries…
