India is planning to allow more foreign investment in Public Sector Banks. The current limit is 20%. The government wants to strengthen these banks. This will help them raise more capital. The government will keep at least 51% stake. This…
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Sebi has approved Bain Capital’s 26% open offer for Manappuram Finance after its 18.6% stake purchase. RBI clearance is pending, with the tendering process to begin post-approval.
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While corporate lending has increasingly shifted to mutual funds and capital markets, loans to individuals, farmers, and small businesses are expected to drive overall growth.
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AIFTP Representation Committee Chairman Narayan Jain said several states have been severely affected by floods and landslides, disrupting internet, transportation and power supply, making it “almost impossible” for taxpayers and professionals to file returns on time.
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ICRA Analytics data shows Maharashtra leads mutual fund AAUM with a 40.59% share, while New Delhi, Gujarat, Karnataka, and West Bengal contribute under 10%. Industry AAUM grew 16.16% YoY in August 2025, despite a marginal monthly decline.
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Deliveries of new orders are expected to keep showrooms busy until December, with car sales during Navratri anticipated to be significantly higher than last year.
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