A collage image showing two parts. On the left side, the Modenik Lifestyle logo. On the right side, a professional headshot of LV Vaidyanathan.
Finance

Modenik Appoints Former P&G India CEO LV Vaidyanathan as Executive Chairman

The Advent International-backed innerwear and lifestyle firm Modenik Lifestyle Pvt Ltd has announced the appointment of LV Vaidyanathan as its new executive chairman, marking a

A professional headshot of Mrinalini Srinivasan superimposed on a background with the P&G logo.
Finance

P&G Hygiene Selected New Chief Financial Officer Mrinalini Srinivasan

A well-known Indian consumer products firm with well-known brands like Vicks and Whisper, Procter & Gamble Hygiene and Health Care (P&G HH), has announced the

Map of India with puzzle pieces representing European Banks fitting in.
Banking

European Banks Seek RBI Nod for Innovative Clearing Model in Indian Market

The Reserve Bank of India (RBI), the central bank of India, is being approached by a consortium of four prominent European banks for approval of

SBI's Electoral Bond SOP Secrecy: Implications & Controversy
Banking

SBI Refusal to Disclose Electoral Bond SOPs: Implications and Controversy

The State Bank of India (SBI) has declined to disclose the standard operating procedures (SOPs) for electoral bonds, sparking controversy and raising concerns about transparency

Hindujas' Reliance Capital Acquisition Hits Financing Snag
Finance

Hindujas Acquisition of Reliance Capital Faces Financing Hurdle

Introduction to the Acquisition Deal The Hinduja Group’s acquisition of Reliance Capital has encountered a significant financial obstacle. IndusInd International Holdings Ltd (IIHL), the holding

Graph showing foreign investors' trading activity during a holiday-shortened week.
Finance

Foreign Investors’ Trading Activity: Key Driver in Holiday-Shortened Week

Overview of Market Dynamics In the upcoming holiday-shortened week, the Indian equity markets will be significantly influenced by the trading activities of foreign investors, global

PhonePe Launches UPI Payments for Indian Travellers in Sri Lanka
Banking

Empowering Indian Travellers: PhonePe Introduces UPI Payments in Sri Lanka

In a significant move aimed at enhancing digital payment accessibility for Indian travellers, fintech major PhonePe has forged a strategic partnership with LankaPay to introduce

Apax Partners Strengthens Presence in India with Strategic Investment Approach
Finance

Apax Partners Expands India Presence with Strategic Investment Approach

Unveiling Apax Partners’ Growth Strategy in India Apax Partners, a prominent London-based private equity firm, is set to amplify its presence in India’s burgeoning investment

Vishal Mega Mart Plans Mega IPO with Kotak and ICICI Bank
Finance

Jefferies Upgrades Kotak Mahindra Bank’s Share Price Target

Kotak Mahindra Bank’s Share Price Target Raised Jefferies, a renowned brokerage firm, recently raised its recommendation on Kotak Mahindra Bank Ltd to ‘Outperform’ from ‘Neutral’.

The image shows a group of individuals seated around a table in a meeting room, engaged in a discussion. Representatives from banks and the CBI are seen conversing, likely discussing the handling of fraud accounts and the implications of the Supreme Court ruling.
Finance

Banks and CBI Clash Over Fraud Accounts: Supreme Court to Intervene

A disagreement between the Central Bureau of Investigation (CBI) and major banks over branded ‘fraud accounts’ is intensifying, potentially requiring Supreme Court involvement. Last year,