Axis Finance will raise ₹2,250 crore through a rights issue and preferential allotment to Kedaara Capital, strengthening its capital base and supporting expansion across retail, MSME and wholesale lending segments.
Sanjay Parekh, Founder & CIO of Sohum Asset Managers, says rising crude prices and inflation pressures could keep markets under strain, with near-term earnings growth seen at 8–9%. He expects consolidation and advises gradual buying at lower levels, favouring a…
IDFC First Bank reported steady Q4 growth with profit rising 5% and NII up 16%, while asset quality improved and provisions declined, indicating stabilisation after microfinance-related stress.
The US Federal Reserve will hold its next policy meeting on April 28–29, with markets closely watching for cues on interest rate cuts. Here’s the full 2026 FOMC schedule.
Manappuram Finance says SEBI warned V.P. Nandakumar over delayed share pledge disclosures, no penalty or financial impact on the company.
Pine Labs has acquired Shopflo to enhance checkout capabilities and build a unified commerce platform, combining payments infrastructure with customer experience tools to help merchants improve conversions and scale online businesses.
Following the investment, UPL Brazil’s shareholding in Sinova will increase from 49.97% to 55.81%. Despite the increase, Sinova will continue to be classified as an associate company as UPL will not exercise control.
Nearly ₹800 crore of customer funds remain stuck in Paytm Payments Bank two years after operations were halted, CNBC-TV18 learns from sources, with limited withdrawals despite repeated opportunities to transfer funds.
RBL Bank reported a sharp rise in Q4 profit, with earnings increasing multifold on steady income growth. Asset quality improved, loan growth remained strong, and deposits rose, while margins are expected to stabilise in the coming quarters.
Sun Pharma is close to finalising a deal to acquire Organon’s assets in a transaction valued at over $12 billion. Sources have told CNBC-TV18 that an announcement expected soon. The acquisition is likely to be funded through a mix of…