CATEGORIES

SFB bid: Fino to bet on merchant loans

Fino Payments Bank plans to use its network of merchants as the first set of customers to lend to, while also using them as loan collection points, if the regulator approves its proposal to convert into a small finance bank.

Coromandel is betting on gains from backward integration

Despite a dull first half (H1 FY25), shareholders of Coromandel International are brimming with optimism. The fertilizer firm's stock hit a new 52-week high of ₹1,882 on Wednesday, taking its gains so far this year to 46%.

Ajmera bets on acquisitions, JVs to expand m-cap tenfold to $5 bn

Ajmera Realty and Infra India Ltd aims to expand its market capitalization (m-cap) by 10x to $5 billion through acquisitions and joint ventures (JVs), said Dhaval Ajmera, director at Ajmera Group.

I-bankers see more China IPOs in 2025

Investment bankers are pinning hopes on initial public offerings in Asia to grab a bigger slice of equity capital markets volumes in 2025, after such transactions fell to the smallest proportion in eight years as Chinese deals remained muted.

What Sebi's latest reforms mean for SME IPOs and MFs

The Securities and Exchange Board of India (Sebi) approved several key amendments to improve business operations, investor protection, and the efficiency of market participants.

RBI flags state sops even as taxes, spend quality improve

The average buoyancy of state tax revenue rose post-pandemic to 1.4 from the pre-pandemic average of 0.86

CGD stocks climb wall of worry

State-run city gas distribution (CGD) firms are bracing for a decline in earnings in the December quarter (Q3FY25). The recent 36% average supply cut in cheaper natural gas allocated by the government is to blame.

Cinnamon Wealth readies to float debut private credit fund

Cinnamon Wealth, which is a women-focused asset and wealth management company, is all set to launch its maiden private credit fund, the Women Enterprisers Fund, by January, a top company executive told VCCircle.

Zetwerk closes Series F round, aims to go public in 18 months

Zetwerk, a business-to-business (B2B) manufacturing services marketplace backed by marquee investors including Peak XV, Accel and Avenir Growth Fund among others, has closed its Series F funding round that values the unicorn startup 15% higher than its last valuation, co-founder and CEO Amrit Acharya, told VCCircle in an exclusive interaction.

AI meets 3D hologram tech

Holographic devices combine 3D projections with AI, allowing users to interact through speech and gestures

Multiples PE makes its second bet on the logistics sector

Private equity firm Multiples PE, founded by Renuka Ramnath, has made its second bet on the logistics sector, with a $35 million (nearly ₹300 crore) investment in INSTANT-XP for a minority stake.

Govt plans jail terms, fines for illegal loans

The government is seeking to clamp down on unregulated lending with a proposed law that would impose prison terms of up to seven years and fines for unauthorized loans, including those through digital platforms.

Building worker homes near factories will boost competitiveness

Niti Aayog, the Union government's policy think tank, has called for building workers' homes closer to factories by amending existing industrial zoning laws, in order to boost labour productivity and enhance the competitiveness of the country's manufacturing sector.

Discrepancy in Nov trade data suspected

India's gold imports in November reached a record high of $14.86 billion, registering a fourfold jump

In the works: Repairability Index for consumer durables

India cannot be a dumping ground for inferior-quality products, says minister Pralhad Joshi

Standardize power purchase pacts

The Estimates Committee has called for setting definite approval timelines to expedite the signing of PPAs

MR POONAWALLA GOES TO BOLLYWOOD

Thirsty for growth, Bollywood's studios have been wooing non-film suitors, like the vaccine tycoon, for funding

PSUs lock horns with pvt firms for IIT talent

India's state-run companies are going head-to-head with private tech and consulting giants to snap up talent from the nation's top engineering colleges this year, reflecting the desire among government-owned firms to strengthen and diversify their employee pool.

TVS eyes Avendus Capital to expand financial services

TVS Credit has joined the race for KKR-backed investment bank Avendus Capital as part of its strategy to expand the group's financial services business, three people with knowledge of the development said.

Tough rules on SME IPOs, insider trades

Sebi sets bigger IPO application amounts, profit criteria for SMEs

Include pantos on your holiday to-do list

If holiday travels take you to Britain, indulge in vibrance of the pantomime

Cricket stories that read like tales told in a pub

Maxwell, also nicknamed 'The Big Show', dedicates 16 pages to the match against Afghanistan in the 2023 World Cup

A new play weaves a story of love, longing and deceit

A new play by Amitesh Grover speaks of grief through the story of a woman who can make clay figurines come alive

An image makeover for palm oil would be good for us

The ecological impact of this affordable oil is lower and health benefits greater than often portrayed

Can the Xi-Trump 'bromance' be revived? Else, ties may fray

Cordiality between the two leaders would favour both countries

Refrain from judicial overreach: It'll strengthen India's judiciary

The suo motu powers of courts are essential to secure justice and the public interest but their overuse can have adverse results

South Korea's political drama was worthy of applause

Its lawmakers were bravely joined by others to reject martial law and uphold democratic institutions

Market losses and mistakes are two completely different things

A loss needn't be a mistake. What matters is whether the process of taking the decision was right

THE ROAD TO BETTER WEALTH MANAGEMENT STARTS WITH A CONSOLIDATED VIEW

Management consultant, educator and author Peter Drucker famously said: \"If you can't measure it, you can't improve it.\" This idea resonates strongly in finance and investments.

Swiss tax shakeup: Effect on Indian investors, workers

Investors face tax hike on dividend starting January, following Switzerland's MFN suspension