HBD Financial Services, under CFO Jaykumar Shah, is preparing for an IPO before September 2025. The HDFC Bank owned company focuses on sustainable growth and balanced profitability to attract investors.
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India would soon become the third largest economy in the world, Union Information and Broadcasting, Railways, and Electronics and Information Technology Minister Ashwini Vaishnaw said on Tuesday.
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As of June 2024, approved resolution plans yielded an average of 84.93% of the fair value of stressed assets, slightly higher than the 83.89% recorded in June 2023.
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The National Stock Exchange of India has resumed its long-pending public offering process, seeking a ‘no-objection’ from the Securities and Exchange Board of India. The exchange reported a 39% year-on-year rise in June quarter profit, driven by higher trading volumes…
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Finance Minister Nirmala Sitharaman announced that the upcoming GST council meeting will address the rationalisation of tax rates, including potential changes to taxes and slabs. The Group of Ministers recently discussed maintaining the existing GST slabs at 5, 12, 18,…
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Foreign investors in Byju’s, such as General Atlantic and Prosus, sought the Supreme Court’s attention amid the company’s $1 billion dispute with U.S. lenders, leading to its insolvency. These investors, who own a combined 17% stake, highlighted concerns of mismanagement,…
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