The strong domestic participation helped push DII ownership in the...
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Govt kept investment bankers in dark on LIC’s unusually fast $3.3 billion OFS deal
Officials in the state divestment department kept the launch date a...
RBI keeps policy rate unchanged for third time in row in FY27 amid West Asia crisis
RBI marginally raised the growth forecast to 6.7 per cent while...
Insutech Turtlemint Fintech Solutions to announce around Rs 900 crore IPO on Tuesday
It is expected to launch its IPO between June 19 and June 23, with the issue size estimated at Rs 2,000 crore, said sources Mumbai Mumbai based insurtech startup Turtlemint Fintech Solutions, connecting insurace advisors, customers and insurance company for offering...
Govt to sell up to 5% GIC Re stake tom at Rs 352 per equity share
The Secretary, Department of Investment and Public Asset Management, under Finance Ministry, wrote on its official X account, “Offer for Sale of equity in General Insurance Corporation of India (GIC) opens tomorrow for non-retail investors. Retail investors can bid on...
India’s Rs 42 lakh crore PMS industry at defining inflection point: SEBI
APMI Chairman Biharilal Deora said the PMS industry has emerged as an important component of India's wealth management landscape, driven by increasing investor awareness, rising demand for customised investment solutions and a supportive regulatory framework. New...
Hedge funds tap growing market for disaster risk
Now, some of the world’s biggest hedge funds and banks want to incorporate the expertise of catastrophe-risk professionals across a broader chunk of the finance sector, as the skills required to model natural disasters become increasingly relevant for asset values in...
NSE investor accounts cross 26 crore milestone as mobile trading and tier-2/3 cities drive participation
The growth is being driven by rapid digitisation and penetration beyond metros. Mobile trading platforms now account for more than a fifth of cash market turnover, while a simplified KYC framework has lowered entry barriers. Maharashtra leads with 4.4 crore accounts,...
JP Morgan, Aditya Birla Sun Life MF buy Go Digit shares worth Rs100 Crore
According to NSE block deal data, JP Morgan, through its affiliate JP Morgan (Taiwan) Eastern Technology Fund, and Aditya Birla Sun Life Mutual Fund purchased 33,33,500 shares, representing nearly a 0.4% stake in the Bengaluru-based insurer.The transaction marks a...
DFS launches Common Landing Portal for unclaimed financial assets
M. Nagaraju,Secretary, DFS The portal, accessible at https://www.unclaimedassetsportal.in, serves as a unified platform providing access to search facilities relating to unclaimed bank deposits, insurance claims, shares, dividends and mutual funds available across the...
Wealthy families cut dollar exposure, survey finds
"For the first time, we are feeling that family offices want to build up in Asia Pacific and, to a certain degree, also in Western Europe," UBS executive Benjamin Cavalli said. "That mainly affects family offices outside the United States, but we are also seeing...
Private credit losses could hurt insurers more than banks, ECB warns
Private credit has been rattled in recent months by concerns about overspending on artificial intelligence, the technology’s disruptive power notably as regards the software industry and doubts over lending standards.The ECB said that the upstart industry in isolation...
Crypto crime escalates beyond hacks to kidnappings and coercion
Physical attacks on cryptocurrency holders rose 75% in 2025, reaching 72 confirmed incidents and $41 million in known losses, according to data compiled by the blockchain security firm CertiK. The figure is widely considered understated, with kidnappings and ransom...