CFO Srinivasan Vaidyanathan said the the cost of funds moved down by about 10 – 11 basis points in this (Dec) quarter. “Margin movement will come from three factors, time deposit repricing, CASA behaviour and borrowings,” Vaidyanathan said and that…
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Nestle India has a new chief financial officer. Edouard Mac Nab will take over the role on March 1. He replaces Svetlana Boldina. Mac Nab brings extensive finance experience from global companies. Nestle India will also release its quarterly earnings…
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The National Company Law Tribunal has approved a major restructuring for Poonawalla Finance. This plan will split the company’s lending and real estate businesses into separate entities. Poonawalla Finance will continue its lending operations. Its real estate assets will move…
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India’s FinTech exit environment cooled in 2025, as IPOs and acquisitions slowed, with liquidity coming largely from a few big listings and deals.
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Speaking at an event organized by CII here, Kaur said there is a likelihood that the use of AI may knowingly or unknowingly lead to breaching of fair market conduct rules, and company managements can act as a crucial first…
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Reliance Consumer Products has secured global rights for four international beauty brands. These include Brylcreem, Toni & Guy, Badedas, and Matey. The company plans to expand these brands globally, including in India. Reliance’s FMCG business saw significant growth in sales…
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