Power Finance Corporation withdrew a planned three-year bond issue amid rising yields and investor demand for higher premiums, highlighting escalating funding costs in India’s corporate debt sector yet successfully raising ₹2,500 crore through a 15-year bond. Market caution persists with…
The Customs, Excise and Service Tax Appellate Tribunal in New Delhi has overturned a ₹60 crore Service Tax demand against Twenty Four Guarding Private Limited, emphasising the need for evidence-based assessments and cautioning against reliance on assumptions and incomplete data.…
First Internet Bank extends its digital legacy by introducing AI-powered assistants that enable customers to query account data in natural language, marking a significant step in AI-driven financial services. First Internet Bank, which began in 1999 as the US’s first…
While group term life insurance offers employees a cost-effective benefit tied to employment, supplementing it with individual policies ensures greater control and long-term security, addressing gaps in coverage caused by job changes or unmet financial obligations. Group term life insurance…
Oswal Pumps’ stock extends its post-listing decline, falling over 50% since IPO amid declining profits and cautious investor sentiment following weak quarterly results. Oswal Pumps extended its post-listing slump on Monday, closing at ₹296.35 on the BSE, a fall of…
Power Finance Corporation has announced a Rs 3.90 interim dividend with a record date of August 27, 2026, amid robust financial growth and ongoing consolidation plans with Rural Electrification Corporation, signalling continued shareholder returns and strategic expansion. Power Finance Corporation…
India’s Unified Payments Interface marks its 10th anniversary with unprecedented transaction volumes, global recognition, and expansion into international markets, highlighting its role as a leader in digital payments. India’s Unified Payments Interface has reached its 10th anniversary with numbers that…
India’s markets regulator proposes comprehensive reforms to its settlement process, aiming to make resolutions quicker, clearer, and less costly while maintaining deterrence, in a move that could reshape enforcement dynamics. India’s markets regulator has proposed a wide-ranging rewrite of its…
A new survey reveals Hyderabad has the highest consumer exposure to counterfeit products in India, highlighting the escalation of a nationwide problem across multiple categories and shopping channels. Counterfeit goods remain a broad and growing consumer problem in India, with…
India’s infrastructure investment trust market accelerates in FY27, with a 17% jump in unitholder base and record distribution payouts, signalling robust growth and increasing retail participation amid policy-driven monetisation efforts. India’s infrastructure investment trust market added investors at a faster…
