financial services News

Exclusive: Top Stock Picks for April 2025 - Trent and HDFC Bank Lead the Charge

Motilal Oswal Financial Services Ltd recommends Trent and HDFC Bank as top stock picks for April 2025, highlighting Trent's retail expansion and HDFC Bank's post-merger strategy.

Tata Capital Sets Sights on Historic Rs 15,000 Crore IPO, Marking a New Era for India's Financial Sector

Tata Capital, part of the Tata Group, files for a Rs 15,000 crore IPO, aiming for a significant market entry. With a strong financial performance and regulatory approval, this IPO ...

BNY India Expands Global Footprint with New Pune GCC Office Consolidation

BNY India consolidates its Pune operations into a new Kharadi office, emphasizing innovation, talent development, and sustainability. The move is part of BNY's global strategy to e...

Allianz SE Eyes Major Expansion with Over $3B Viridium Group Acquisition

Allianz SE is negotiating to acquire Viridium Group from Cinven for over $3B, aiming to expand its domestic operations and enhance its financial services portfolio.

Poonawalla Fincorp Revolutionizes Lending with 15-Minute Unsecured Loans

Poonawalla Fincorp introduces a groundbreaking 15-minute unsecured loan service, targeting premium borrowers with loans up to Rs 15 lakh. Spearheaded by CEO Arvind Kapil, this init...

India's Economy Soars: Q3 FY25 GDP Growth Hits 6.2%, Marking the Highest in 12 Years

India's GDP growth in Q3 FY25 hits 6.2%, marking the highest in 12 years, with significant improvements in manufacturing, construction, and financial services sectors. Revised esti...

UBS CEO Sergio Ermotti Declares China as the Unstoppable Engine of Global Growth

UBS CEO Sergio Ermotti emphasizes the importance of China and Hong Kong as key growth markets for UBS, highlighting the bank's significant profits and strategic focus on Asia for f...

Tata Group Exits ATM Sector as RBI Approves Sale to Australian Fintech Giant

The Reserve Bank of India approves Tata Communications' sale of its ATM business to Australian fintech Findi, marking a significant shift in India's financial services sector. This...

Tata Communications Finalizes Major Sale to Australian Fintech Findi, Expanding Digital Payment Frontiers

Tata Communications has sold its payment solutions arm to Australian fintech Findi, marking a significant expansion in India's financial services sector. This move aims to enhance ...

Chola Investment and Finance Company Announces a 24% Surge in Q3 Profits for FY25

Cholamandalam Investment and Finance Company reports a 24% increase in Q3 FY25 profits, with significant growth in disbursements across vehicle finance, loan against property, and ...

Switzerland Announces Removal of EU from Stock Exchange Protection List Starting 2025

Switzerland will remove the EU from its stock exchange protection list starting May 2025, a move expected to benefit Swiss businesses by fostering a more favorable environment. The...

Switzerland Announces Removal of EU from Stock Exchange Protection List by 2025

Switzerland's Federal Council has decided to remove the EU from its stock exchange protection list by May 2025, a move expected to benefit Swiss businesses and enhance financial re...

Infosys Elevates FY25 Revenue Forecast Amid Strong Demand in Financial Services

Infosys has raised its FY25 revenue forecast to 4.5-5%, reflecting strong demand in financial services and easing discretionary spending pressures. Despite a positive outlook, the ...

Infosys Reports a Stellar 11.5% Profit Surge in Q3, Elevates Growth Forecast

Infosys reports an 11.46% increase in Q3 FY25 net profit to Rs 6,806 crore, driven by growth in financial services and manufacturing. The company raises its FY25 revenue growth gui...

Kotak Mahindra Forecasts a $35 Billion IPO Boom by 2025, Signaling Strong Market Confidence

Kotak Mahindra Capital Company predicts a $35 billion IPO market by 2025, with financial services and digital tech sectors leading the way. The projection highlights a significant ...

Unveiling the Future: Top Stock Picks for January 10, 2025, That Could Shape Your Investment Portfolio

Explore the top stock recommendations for January 10, 2025, including insights from leading financial services on companies like Page Industries, Hindalco, L&T, Patel Engineering, ...

RBI Approves HDFC Bank's Plan to Increase Stakes in Three Leading Banks

HDFC Bank secures RBI approval to increase its group entities' stakes in Kotak Mahindra Bank, AU Small Finance Bank, and Capital Small Finance Bank, signaling a strategic expansion...

Sam Ghosh Secures Sebi Approval to Launch Mutual Fund Venture in India

Sam Ghosh, a veteran of India’s financial sector, has received Sebi's approval to launch his mutual fund venture, Cosmea Investments. The company aims to invest Rs 200 crore initia...

Hanwha Group Launches AI Hub in San Francisco to Revolutionize Financial Services

Hanwha Group's financial affiliates have inaugurated the Hanwha AI Center in San Francisco, marking a significant step towards AI innovation. The center aims to integrate artificia...