Indian branches of major accounting firms are now actively pursuing large M&A deals exceeding $500 million. These firms are leveraging their extensive experience and deep client relationships to challenge global investment banks. This shift is driven by India’s economic growth…
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India’s upcoming CAFE III standards will likely balance the auto industry by imposing stricter fuel efficiency goals on large carmakers while offering some leniency to smaller ones. The discontinuation of derogation for small cars is expected to increase entry-level vehicle…
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Economists anticipate the Reserve Bank of India will inject at least ₹5 lakh crore through liquidity operations next fiscal year. This move aims to balance a significant supply-demand imbalance in the bond market, facilitating effective transmission of past rate cuts…
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IDFC FIRST Bank has uncovered a significant fraud totaling Rs 590 crore. The incident involves employees at one of its Chandigarh branches. Four suspected officials have been suspended pending a thorough investigation. The bank is also appointing an independent agency…
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India’s proposed treaty changes with France could significantly impact participatory note (P-note) trading. Previously, French investors enjoyed a tax advantage on Indian equity sales. The revisions aim to remove this benefit, potentially making P-notes less attractive and prompting investors to…
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SBI has established startup hubs across multiple cities to support enterprises through debt, equity and access to government-backed schemes. The collaboration between banks, NBFCs and fintechs, MD Ravi Ranjan said, remains critical for last-mile credit penetration.
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