financial services

New Delhi, March 5 A significant percentage of women in rural and semi-urban areas use UPI at least once a week, primarily for everyday payments such as groceries, utility bills, and mobile recharges, showcasing a growing shift towards digital payments, according to a report.According to the...

New Delhi, March 5 The securities regulator, Sebi, has directed non-bank custodians to segregate regulated and unregulated financial services through separate strategic business units (SBUs), maintain separate accounts for these units, and meet net worth requirements independently for these...

New Delhi, March 5 Innovision Ltd, a company providing manpower and toll plaza management services, announced on Thursday that its initial public offering (IPO), valued at Rs 323 crore, will open for public subscription on March 10.The price range for the shares has been set at Rs 521-548 per...

New Delhi, March 5 Noida-based payments major Paytm has gained a significant advantage in its monetization journey compared to its peers, driven by a more diversified mix across high-monetization categories such as merchant lending and financial services, which has helped it improve...

New Delhi, March 5 Business process management firm 1Point1 Solutions announced on Thursday that it has completed the acquisition of Costa Rica-based peer Netcom Business Contact Center SA for USD 33.37 million.The acquisition marks a strategic entry of 1Point1 Solutions into the central and...

New Delhi, March 4 The securities regulator, Sebi, on Wednesday eased the compliance reporting framework for Alternative Investment Funds (AIFs) by introducing an annual reporting system and reducing the scope of quarterly filings, in an effort to improve ease of doing business.Under the...

New Delhi, March 5 Fintech unicorn Moneyview Ltd has filed preliminary papers with the markets regulator Sebi to raise funds through an initial public offering (IPO).The proposed IPO comprises a fresh issue of equity shares worth Rs 1,500 crore and an offer for sale (OFS) of up to 13.6 crore...

New Delhi, March 4 India's most valuable fintech firm, PhonePe, is aiming to list at a valuation between USD 9 billion and USD 10.5 billion (approximately INR 75,000 crore to INR 87,000 crore), as it expects to raise around USD 1.05 billion from the sale of shares, sources aware of the...

New Delhi, March 3 Real estate firm Square Yards has reported a 47 per cent growth in its revenue to Rs 525.7 crore for the quarter ended December.Gurugram-based Square Yards, which is involved in the brokerage of housing properties and home loans, had posted a revenue of Rs 357.3 crore in the...

Chennai, March 2 Tamil Nadu Chief Minister M K Stalin inaugurated the Rs 249 crore FinTech Tower in Nandambakkam here on Monday.Spanning 5.56 lakh square feet, the facility is the first major asset to be delivered under the state's planned 56-acre FinTech City project, aimed at making Tamil...

New Delhi, March 1 State-owned India Infrastructure Finance Company has received the necessary approvals to proceed with its proposed initial public offer, with the Cabinet Committee on Economic Affairs clearing its listing on stock exchanges, the company's top official has said.The approval...

Gandhinagar, February 26 – Gujarat has explored potential collaboration with Luxembourg in green finance and long-term infrastructure development during a meeting between Chief Minister Bhupendra Patel and Luxembourg's Finance Minister Gilles Roth in Gandhinagar, officials said on Thursday.The...

Mumbai, February 26 The benchmark BSE Sensex slipped by 27.46 points to close at 82,248.61 in a volatile session on Thursday, dragged down by selling in HDFC Bank and other blue-chip stocks.Investors remained cautious amid the proposed US-Iran nuclear talks, developments related to AI, and...

New Delhi, February 26 The digital payments giant, PhonePe, has reported strong revenue growth and a sharp decrease in losses over the past three fiscal years, indicating a shift towards sustainable monetization and operational efficiency, according to its draft red herring prospectus (DRHP)...

New Delhi, February 25 NBFC firm Credent Global Finance announced on Wednesday that it has raised ₹30 crore through a Qualified Institutional Placement (QIP) to fund business growth.Institutional investors participated in the QIP, further strengthening investor confidence in Credent's evolving...

Mumbai, February 24 Up to 30% of India's top 100 unlisted companies have viable business models and growth potential, making them candidates for listing on stock exchanges, a top official from Hurun India said on Tuesday.None of these companies, identified in the 'JM Financial' - Hurun India...

Mumbai, February 24 Kris@Work, a startup based in Bengal, announced on Tuesday that it has secured $3 million in seed funding to expand its customer base for businesses and strengthen partnerships, among other things.The seed funding round was led by Infoedge Ventures, with participation from...

Ahmedabad, February 23 Gujarat's GIFT City hosted a high-level delegation of mayors from the West Midlands Combined Authority of the United Kingdom on Monday. Discussions took place on strengthening bilateral engagement in international financial services, among other areas.The visit marked a...

Mumbai, Feb 23 Indian companies are expected to offer an average salary increase of 9.1 per cent in 2026, as companies move towards more targeted, skills-based compensation strategies amid evolving business priorities, according to a report released on Monday.Overall, salary increases are...

Mumbai, February 23 Cities in Tier II and III now account for nearly 70 per cent of the country's blue-collar workforce, driven by expanding job opportunities in sectors such as retail, BFSI, and engineering, manufacturing and industrial (EMPI), a report revealed on Monday.The Quess Pulse...