India’s financial sector is experiencing a surge in major deals during 2025. Foreign banks are actively acquiring significant stakes in Indian lenders. These transactions, totaling $8 billion by September, mark a substantial increase. Key deals include MUFG’s investment in Shriram…
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Japan’s MUFG Bank is investing Rs 39,620 crore in Shriram Finance. This significant foreign direct investment will give MUFG a 20% equity stake. The partnership aims to boost Shriram Finance’s growth in India’s MSME and retail markets. MUFG plans to…
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ICICI Prudential Asset Management debuted on the stock market with a 20% gain, opening at Rs 2,606.20 on the BSE and Rs 2,600 on the NSE. The IPO saw strong subscription, particularly from institutional buyers, and the company raised Rs…
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India’s net direct tax collections have surged by 8% to Rs 17.05 lakh crore year-to-date, driven by robust corporate tax growth and reduced refunds. This performance, up to December 17, 2025, reflects steady economic activity and the impact of recent…
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IndiGo’s parent company, InterGlobe Aviation Ltd, has approached the Delhi High Court seeking a refund of Rs 900 crore in customs duty. The duty was paid on aircraft engines and parts re-imported after undergoing repair or service abroad. The court…
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The Bank of England has cut its key interest rate by 25 basis points to 3.75%, citing faster-than-expected inflation decline and ongoing economic weakness. This move, supported by a 5-4 vote, aims to stimulate growth by lowering borrowing costs. The…
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