A forensic review has confirmed a Rs 646 crore fraud at IDFC First Bank’s Chandigarh branch was an isolated incident. The fraud involved collusion between bank employees, government officials, and third parties. The bank has paid back the principal amount…
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India Inc’s finance chiefs laud the RBI’s repo rate hold, deeming it a balanced strategy to curb inflation while fostering growth. Despite revised inflation and GDP forecasts, businesses are bracing for challenges like rupee depreciation and rising input costs, focusing…
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Gold prices dropped significantly in futures trade on Friday. This decline was driven by rising oil prices, ongoing tensions in West Asia, and worries about increasing interest rates. Investors are closely watching global developments and economic reports for future market…
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Singtel has embarked on a strategic partnership with Digital Industry Singapore, aiming to elevate the capabilities of artificial intelligence across its services with a robust funding of S$28 million. This commitment will bolster AI applications within operations and customer interfaces,…
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CMR Green Technologies’ initial public offering saw massive investor interest. The Indian aluminium recycler received bids worth over 563 billion rupees for its 65.8 million dollar issue. This marks India’s first IPO in a month. Strong demand reflects investor confidence…
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In a groundbreaking development, Atom Financial Services Group has joined forces with Sirius Capital, a UAE firm, marking the inception of Atom Investment Banking. This innovative global platform is tailored for promoter-led enterprises across India, the UAE, and Singapore, boasting…
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