How Sonia got poorer by Rs 10 lakh

Amid the hustle bustle of Lok Sabha polls, Congress chief Sonia Gandhi has disclosed loss of tax-free bonds worth Rs 10 lakh purchased from the Indian Railway Finance Corp. Gandhi, who has listed......

Bajaj Finance to Muthoot Finance: NBFCs outpace banks once again

Non-banking financial companies (NBFCs) such as Bajaj Finance, Shriram Finance, Muthoot Finance, and IIFL Finance have regained their growth momentum after losing market share to banks in the......

Rate Cut effect: PFC, Sidbi plan to raise Rs 11,000 crore from bond market

Activity in the corporate bond market is set to gain momentum following a 25-bp policy repo rate cut by the rate-setting panel of the Reserve Bank of India (RBI). Illustration: Dominic......

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Tata Capital is set to launch India’s largest ever initial public offering (IPO) by a non-banking financial company (NBFC), valuing the Tata group firm at Rs 1.38 trillion. Illustration: Dominic......

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises,......