Leading private banks in India, including HDFC Bank, ICICI Bank, and Axis Bank, experienced a decline in net interest margins (NIMs) during the second quarter of the financial year due to significant deposit mobilisation under the Foreign Currency Non-Resident (Bank), or FCNR (B), scheme. However, banks anticipate a recovery in margins in the coming quarters as these funds are deployed and the interest-rate cycle supports lending yields.
Investors who bought attractively valued IPOs and held on have earned strong returns, particularly when the money raised went into companies rather than into the pockets of exiting shareholders.
Wadhwa Group Holdings Ltd, the holding company of real estate developer The Wadhwa Group, has filed preliminary papers with markets regulator Sebi for an Initial Public Offering (IPO) using the confidential route, keeping offer details private for now.
'Reliance has had a very, very strong history of shareholder value and growth, and that's what we need to focus on the further journey from the IPO.'
Indian companies, including NBFCs, filed proposals to raise $7.696 billion through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in July 2026, a significant increase from $6.09 billion in June.
Tewolde Gebremariam, Air India's CEO and MD-designate, has outlined passenger safety, operational reliability, and sustainable profitability as the airline's foremost priorities, emphasising a stronger safety-reporting culture and improved disruption recovery.
Airtel Business CEO Sharat Sinha stated that evolving architecture and methodologies for safely deploying Artificial Intelligence, coupled with adequate guardrails, are essential to unlock productivity gains. He welcomed the government's upcoming consultation paper on AI regulation, focusing on safety, deepfakes, and a human-first approach. Sinha also highlighted AI's role in driving demand for digital infrastructure and Airtel's growth in cybersecurity and fraud prevention.
'The Rs 35,000 crore of capex every year, I don't get to sign 35 paise out of this.'
Tata Trusts, the majority shareholders of Tata Sons, have proposed merging two operating companies, Tata Electronics Systems Solutions Pvt Ltd (TESS) and Tata Consulting Engineers (TCE), with Tata Sons. This restructuring aims to shed Tata Sons' classification as a non-banking financial company (NBFC) and a core investment company (CIC), thereby allowing it to retain its status as an unlisted private company and resolve ongoing disputes regarding its future ownership.
'One of the biggest mistakes first-time daters make is spending too much time texting before meeting in person,' says Shalini Singh, founder of andwemet, an invite-only WhatsApp matchmaking community for Indian singles.
The Sports Ministry has formed a five-member committee to address the financial viability and sustainability of the Hockey India League (HIL). Sports Minister Mansukh Mandaviya met with Hockey India officials and franchise representatives, directing them to develop a comprehensive plan for the league's revival, which has faced challenges since its return last year.
A special MPID court in Mumbai has framed charges against developer Vijay Machhindar, his wife, and their company Ornate Spaces Pvt Ltd for allegedly cheating homebuyers and investors of Rs 28 crore. The charges relate to failing to deliver flats in an Oshiwara residential project and not returning the invested money, leading to a trial under IPC, MPID, and MOFA provisions.
Most Indian investors start their investment journey with the wrong question. They ask, "Which fund will give the highest return?" instead of "How do I structure my investments so that I pay less tax, manage risk effectively, and still compound wealth over time?"
The goal is to ensure that your bank works for you, providing liquidity and convenience without charging you for the privilege of holding your own money.
HDFC Bank reported a 5.55 per cent increase in consolidated net profit to Rs 20,700 crore for the September quarter, with incoming MD and CEO Anup Bagchi indicating a focus on strengthening the balance sheet and addressing retail vertical concerns post-merger.
We joke about our spouses all the time. Nobody jokes about the day the joking partner is gone, and the whole house turns very quiet, observes Binu Alex.
Anthropic has formally warned investors that its technology may pose "existential risks to humanity" in a long-awaited initial public offering prospectus circulated with a small group of partners in recent days.
Six men have been arrested for their alleged involvement in a firing incident at a medical store in southwest Delhi's Najafgarh last month. Investigators suspect the attack was carried out over a Rs 5-crore extortion demand linked to gangster Kapil Sangwan. The arrested individuals played various roles in the conspiracy, from procuring firearms to executing the shooting.
HCLTech announced a robust 21.18 per cent increase in its Q2 FY27 consolidated net profit, reaching Rs 5,132 crore, largely propelled by the strong performance and higher margins from its advanced AI operations and a reduced tax burden.
Imran Ahmed Khan, who studied at the Government College of Engineering, Amravati (2002 batch) and is currently employed with Aramco, had this advice to share with today's students.
'Your retirement corpus isn't just a big pile of cash for 'one day' -- it is the salary you pay yourself when you no longer want to go to work.'
Pranav Adani's visit to the Singapore Grand Prix has intensified speculation about Formula 1's return to India. The Adani Group, which owns the Buddh International Circuit, is actively pursuing the revival of the Indian Grand Prix, with support from the Indian government. However, significant financial and logistical challenges, including tax clarity and substantial upgrade costs, must be overcome amidst increasing global competition for hosting races.
Tata Trusts Vice-Chairmen Venu Srinivasan and Vijay Singh challenge a proposed reorganisation of Tata Sons, alleging a lack of trustee consultation and raising concerns about its regulatory and financial implications.
Roughly 340-350 such rakes remain to be converted out of around 2,000 rakes.
Mobile phone retailers across India, represented by AIMRA, are protesting the 0.4% Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000 for merchants. They plan to observe 'No UPI Day' on October 2, 2026, arguing that this fee will significantly impact their income and burden small businesses, advocating for a continued Zero MDR structure for UPI merchant payments.
FIFA's proposal to create a $20 billion subsidiary for the World Cup, offering up to 20% stakes to external investors, aims to democratise global football finance but has been condemned by UEFA as selling the game's "soul."
The Sports Ministry, led by Mansukh Mandaviya, has formed a five-member committee to develop a comprehensive roadmap for the financial viability and sustainability of the cash-strapped Hockey India League (HIL). This initiative follows concerns about the league's long-term future, which was revived last year after a seven-year hiatus. The committee will include representatives from Hockey India, franchises, and the Sports Ministry, tasked with presenting a report on governance, financial models, and league structure.
Do you have financial planning queries? Ask rediffGURU Anil Rego.
The International Olympic Committee (IOC) has invited India, Germany, Qatar, and Turkiye, among others, to present their bids for hosting the 2036 Olympic Games to its Future Host Commission next month. Ahmedabad is India's preferred city for the mega-event, with negotiations led by the Indian Olympic Association in collaboration with the Gujarat government and Union Sports Ministry. The host will be announced in mid-2029, following a streamlined selection process focusing on venue master-plan, funding, public support, and athlete experience.
Suchika Tariyal has made history by becoming India's first Asian Games medal winner in Mixed Martial Arts, securing a bronze in the women's traditional 60kg event. The 36-year-old fighter, who hails from Haryana, expressed immense joy and dedicated her medal to her family, acknowledging the financial struggles and personal sacrifices made throughout her career. Despite initially considering retirement, her performance has inspired her to continue her professional fighting journey.
Teenaged Indian archer Kumkum Mohod made history at the Aichi-Nagoya Asian Games by winning India's first-ever women's individual recurve archery gold medal and securing an Olympic quota place. Her coach and association secretary highlight her dedication, academic inclination, and long-term goal of winning an Olympic medal, despite financial challenges.
Marco Rubio will visit Mumbai and Jamnagar to discuss energy cooperation as S Jaishankar says India-US trade talks are nearing a landing point, with a few issues unresolved.
The Indian Army has launched 'Bharat Rice', a superior-quality rice for defence forces, aimed at improving ration quality and logistics. This initiative, spearheaded by the Directorate General of Supplies and Transport, involves direct supply to Army Supply Depots, including remote areas, and an MoU with FCI for infrastructure utilisation during contingencies. Defence Minister Rajnath Singh highlighted its significance for soldier welfare, operational readiness, and national security, emphasising logistics as combat power.
The portfolio could be split between listed and unlisted investments, or structured along sectoral lines.
NetApp CEO George Kurian announced that India is the company's fastest-growing market in Asia, driven by strong performance in BFSI, manufacturing, IT services, and public sectors. The company's Bengaluru global capability centre is its largest, housing 4,000 engineers and leading global R&D. NetApp also unveiled new AI-focused storage solutions and cloud partnerships at its Insight event.
The Maharashtra government has declared 265 out of 358 talukas as drought-affected, covering 74% of the state, due to significant rainfall deficit. This declaration activates 'Trigger-1' of the state's drought management framework, leading to the announcement of various relief measures for farmers and residents, including loan restructuring, revenue concessions, and provisions for water and fodder.
For generations, women in Bishkhor, Uttar Pradesh, have lived with stigma and limited choices. Designer Anurag Gupta hopes to help change that narrative, one livelihood at a time.
'There was a huge cultural gap. I could not understand the slang, the Mumbai lingo, and would often feel left out during conversations. Since I had studied in the Hindi medium till then, I could not understand English,' says Anup Raaj, an alumnus of IIT-B and founder of InstaPreps AI, a confidence-building platform for students, and coaching institute 7Classes.
Digital services major Jio Platforms is anticipated to list on the stock exchange by the end of October, with an estimated enterprise valuation of USD 143-146 billion, making it India's largest public offer at around USD 3.8 billion.
The Olympic Council of Asia defended the Aichi-Nagoya Asian Games despite accommodation and transport complaints, saying mega multi-sport events always face challenges.
