InGovern Research recommends Tata Sons pursue a public listing after RBI’s rejection. A listing would enhance transparency and provide liquidity for shareholders. Seven listed Tata group companies hold shares in Tata Sons indirectly. The conglomerate faces significant capital needs for…
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Zerodha CEO Nithin Kamath on Wednesday backed the recently introduced Merchant Discount Rate (MDR) on person to merchant UPI payments and said it was probably required as the digital payment system gained widespread adoption.
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The IMF highlights India as a crucial player in global economic growth, noting it to be the fastest-growing major economy worldwide. During his visit, IMF Deputy Managing Director Nigel Clarke engaged with Indian officials and business leaders, where key discussions…
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Fibe, officially known as Social Worth Technologies, has received approval from Sebi for its initial public offering, aiming to generate Rs 750 crore through a new share issue. This funding will enhance its subsidiary’s capacity for lending. Additionally, current shareholders…
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The Reserve Bank of India has initiated court proceedings to secure its involvement in the Tata Sons listing issue. This action follows the RBI’s denial of Tata Sons’ bid to withdraw its status as a non-banking financial company (NBFC). By…
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Indian stock markets rebounded in early trade on Wednesday after sharp declines. The Sensex and Nifty showed gains due to value buying by investors. However, elevated oil prices and foreign fund outflows limited the market’s upward movement. Investors await the…
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