Mumbai (Maharashtra) [India], July 3: HDFC Capital Advisors Limited has acquired 8.5% in Truboard Technologies Pvt. Ltd. TruBoard has developed a technology platform called TruGenie for real estate asset management which aims to address investors, asset owners as well as the developer needs.
Among the sectoral indices at the National Stock Exchange, Financial Services, IT, Media, and Private Banks opened in green while sectors such as Auto, FMCG, Metal, Pharma and PSU Banks opened in the red.
The Public Sector Banks (PSBs) in India holds a dominant position in the banking sector by accounting for more than 50 per cent of the banking business in terms of market share, branches, and Automated Teller Machines (ATMs), highlights a report by the SBI.
In response, CLSA has made a strategic shift in its India focus portfolio, replacing L&T with HCL Tech, and turning more defensive by favouring private banks, IT, insurance, and commodities.
Irrespective of who forms government at the Centre, sectors such as FMCG, auto, healthcare, IT services, private banks, and capital goods are expected to perform well, stated brokerage Prabhudas Lilladher in its latest report, 'India Strategy Report - Mandate 2024, Brace of Volatility'.
Bangalore (Karnataka) [India], February 28: Brickwork Ratings (BWR) is pleased to announce the appointment of Alok Kedia as its new Managing Director & CEO, effective Monday, February 26, 2024. Alok brings with him almost three decades of extensive experience in senior management roles a
New Delhi [India], January 30: Axis Bank, being one of India's biggest private banks offers credit cards to cater to individuals with varied spending preferences. One can choose a credit card based on the lifestyle i.e. shopping, travel, rewards, and cashbacks. From basic credit cards to pre
"To discuss about the critical issue affecting Micro, Small and Medium Enterprises (MSMEs) in Tamil Nadu, particularly concerning the aggressive actions taken by private banks against these businesses in the matter of loan repayments," Manickam Tagore said in his notice.
New Delhi [India], September 28: Given the rapid advances in the fintech sector that India has long been pioneering, premier fintech software company Fintegration (The company of MobileFirst Applications) has recently launched the Fintech API discovery platform for India. Behind launching th
Mahila Samman Savings Certificate scheme was announced in the 2023-24 Union Budget by Finance Minister Nirmala Sitharaman and is a significant step towards financial inclusion and empowerment of women.
Mumbai (Maharashtra) [India], June 16: Indian private sector lenders have been more vocal in their comments and opinions by occupying a lion's share in the visual media news space during April compared to their state-run cousins.
A team of Central Range, Crime Branch of Delhi Police arrested the accused wanted in case of misappropriation of amount Rs 2.22 Crore of Brinks India Private Limited, having a contract with National and private banks to replenish the currency available in ATMs.