Bandhan Bank has denied reports of acquisition-related discussions with First Abu Dhabi Bank, calling its reference in a news report factually “incorrect”. The lender said it was not involved in any such discussions or proposal.
Read More
The cross-border payments platform plans to build multi-currency accounts, merchant acquiring and collections, and payment infrastructure for businesses in the IFSC.
Read More
GST officers cannot invoke fraud, wilful misstatement or suppression provisions merely because tax has not been paid or a discrepancy is found, the CBIC has clarified. Such provisions can be used only where there is specific evidence of deliberate intent…
Read More
Indian benchmark equity indices ended Tuesday’s trading session on a muted note, with the Sensex and Nifty closing largely flat amid mixed sectoral trends and a strong rally in broader markets.
Read More
Jio Platforms shares are set to list on the BSE and NSE on October 28, with the IPO commanding a grey market premium of around 22%. The Rs 30,213-crore issue was subscribed 22.19 times, led by strong institutional demand. Investors…
Read More
Anthropic’s planned IPO is set to test public-market appetite for artificial intelligence companies. Backed by Amazon, Google, leading venture capital firms, global institutions and prominent individual investors, the Claude maker has seen its valuation surge through successive funding rounds.
Read More