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The regulator found entities breaching the spirit of the law while doing inspections and from market intelligence, he said.

Deutsche Bank India Chief elevated

Updated at : 2023-10-13 08:25:02

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​​Deutsche Bank had recently said that Rahul Chawla would take charge of the newly created role of head of financial sponsor financing for Asia.

​As investors continued to allocate money to mid-, small-cap and multi-cap schemes, fund managers looked at companies that would benefit from the stability in the Indian economy.

PE funds to invest Rs 800 crore in Niva Bupa

Updated at : 2023-10-13 08:25:02

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​​The announcement comes within a fortnight of PE major True North announcing 20% stake sale in company to Bupa for 2,700 crore, making UK-headquartered company a majority owner in company.

Anand Rathi Wealth Q2 profit surges 34%

Updated at : 2023-10-13 08:25:02

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​​The wealth firm’s net profit surged 34% year-on-year to about 58 crore during the period. For the half year ended September 2023, the company’s revenue grew by 35% to 368 crore, while net profit increased by 34% to Rs 111 crore.

India Post Payments Bank ties up with Sidbi

Updated at : 2023-10-13 08:25:02

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The agreement is to leverage India Post’s deep connect with rural India and Sidbi’s lending and credit risk assessment models that could help millions get formal credit.

IT services company HCL Technologies has reported 10% growth in its consolidated net profit at Rs 3,832 crore for the quarter ended September.

After the data, the S&P 500 spent the morning zig-zagging between red and green. It turned decisively lower after a 1 p.m. EDT (1700 GMT) auction of 30-year U.S. Treasuries met weak demand.

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