A new regulation threatens alternative investment funds’ established structures. These funds have relied on Indian ownership for sponsor and manager control. The draft rules suggest foreign investor funding could now determine control status. This change may impact investments in restricted…
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Modern Bazaar is in talks with Reliance Retail, DS Group-owned Le Marche and two other premium chains for a strategic equity partnership or majority stake sale, even as its promoter says the business is not for sale. The gourmet grocery…
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India’s economic growth is projected to slow to 6.6 percent this fiscal year. Elevated inflation will continue to erode household incomes and purchasing power. The boost from last year’s Goods and Services Tax reforms is expected to fade. Asia-Pacific’s fastest-growing…
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Paytm shares have soared over 410 percent from their lowest levels, igniting hopes among investors that the stock will soon hit its initial public offering price. Bernstein’s increased target price offers a promising outlook, suggesting a strong uptrend following a…
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A parliamentary panel urged faster reforms at the National Financial Reporting Authority. It recommended separating audit quality review and disciplinary functions for clarity. The committee also called for improved systems to track regulatory cases effectively. The government stated amendments are…
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Fusion Finance plans to reduce microfinance loans to seventy percent by fiscal 2029. The company will introduce larger individual loans while focusing on small business lending. Assets under management aim to reach ten thousand crore rupees this fiscal year. This…
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