financial services

New Delhi, March 10 On Tuesday, exporters raised concerns about potential payment delays due to the ongoing West Asia crisis during a meeting with the Department of Financial Services, which assured them that the matter would be looked into, according to FIEO.Delays in shipments due to...

New Delhi, March 10 The initial public offer of Innovision Ltd, a manpower and toll plaza management services provider, was subscribed to 2 per cent on the first day of bidding on Tuesday.The ₹322.84-crore IPO received bids for 1,22,202 shares, as against 61,32,433 shares on offer, according...

New Delhi, March 10 Aikyam Capital Group announced on Tuesday the first close of its Category II Alternative Investment Fund (AIF), Aikyam Capital Investment Fund I, with investor commitments of ₹205 crore.The fund, structured under Aikyam Capital Trust, has a target corpus of ₹300 crore, with...

New Delhi, March 10 IT firm Happiest Minds Technologies announced on Tuesday that it has revised its revenue growth expectation for the financial year 2026-27 to 12.5 per cent, up from its earlier estimate of 10 per cent, citing accelerating momentum from its artificial intelligence (AI)...

New Delhi, March 9 Secretary of the Department of Financial Services, M Nagaraju, chaired a review meeting on Monday to monitor the progress in top insolvency and bankruptcy cases pending for admission and resolution at the National Company Law Tribunal (NCLT).The meeting was attended by...

New Delhi, March 9 Truhome Finance, backed by private equity major Warburg Pincus, filed preliminary papers with the market regulator Sebi on Monday to raise ₹3,000 crore through an initial public offering (IPO).According to the draft red herring prospectus (DRHP), the housing finance...

Mumbai, March 6 Stock market benchmark indices Sensex and Nifty plunged by over 1 per cent on Friday after a day of relative calm, as the conflict in the Middle East entered its seventh day, driving up crude oil prices.The 30-share BSE Sensex fell by 1,097 points, or 1.37 per cent, to close at...

New Delhi, March 6 Rays of Belief Ltd, the parent company of Mom's Belief, is planning to raise over ₹100 crore through its IPO to expand its network of neurodevelopmental disorder centres, aimed at supporting children with developmental challenges and their families across the country.The...

New Delhi, March 5 AI firm Fractal Analytics has posted an 8.5 per cent growth in consolidated profit after tax at Rs 100 crore in the third quarter ended December 31, 2025.Fractal Analytics had reported a profit after tax of Rs 92.2 crore in the same period a year ago, the company filing said...

New Delhi, March 5 Stock broking firm Shreni Shares has filed preliminary papers with market regulator Sebi to raise funds through an initial public offering (IPO).The proposed public issue comprises a fresh issue of up to 69 lakh equity shares and an offer for sale (OFS) of up to 82 lakh...

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...