Vishwanath Nair
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Oyo-Parent Files For IPO Confidentially; Fundraise Likely At $7-8 Billion Valuation — Exclusive
This comes days after Oyo shareholders approved plans to raise up to Rs 6,650 crore through a fresh issue of equity shares.
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IndusInd Bank Chairman Sunil Mehta To Exit After Tenure Ends In Jan
Sunil Mehta, who has previously chaired boards at Punjab National Bank and the reconstructed Yes Bank, had continued to run affairs at IndusInd Bank between April and August 2025 during a transition.
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Only A Question Of Time Before Foreign Money Comes Back, Says Citi India CEO; Cites IPO Resurgence
Balasubramanian attributes the recent FII outflow to a mix of cyclical factors, including the election year, erratic rainfall and a temporary dip in government capital expenditure plans.
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IHC Commited To Sammaan Capital Stake Purchase As Investigations Loom, Say Sources
Sammaan Capital is confident that any ongoing or future investigation will not uncover anything adverse.
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Fino Payments Bank Gets Small Finance Bank Licence: Key Benefits, Risks And Everything In Between
In a landmark achievement for Fino Payments Bank, the lender has received 'in-principle' approval from the Reserve Bank of India to transition into a small finance bank, essentially becoming the first payments bank to do so. Fino Payments Bank had applied for a small finance bank license back in October 2023 and the RBI approval could go a long wa...
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Dream11 To Exit Gaming Segment, Pivot To Live Sports With New App Launch
Dream11 will exit online gaming segment completely and pivot to the booming live sports business, co-founder Harsh Jain said on Friday.
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To Cut Or Not? MPC To Weigh Cooling Inflation, Booming GDP — In This Economy
The monetary policy committee is set to start its three day meeting on Wednesday, with a crucial decision on the cards.
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Dharmendra: India's First Action Star Will Be Known For His More Ordinary Roles
For most Indians the allure of Dharmendra has more to do with the simplicity of his times, than anything specific to his career.
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Adani Group Emerges As Top Bidder For Jaiprakash Associates
Lenders are preparing to issue a formal letter of intent to the Adani Group in the coming days.
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Why Bigger Isn't Necessarily Better For India’s Public Sector Banks — In This Economy
For all the talk of India's massive credit market potential, the one fact that banks have realised is that the addressable market might be much smaller.
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Pine Labs IPO: 'Don't Want To Be Lonely' — CEO Explains 40% Valuation Cut
Pine Labs IPO: CEO Amrish Rau said the valuation cut is because the company believes in 'taking the community along' and pricing the IPO in a way that it makes it easier for investors to participate.
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Emirates NBD Announces Open Offer For 26% Stake In RBL Bank
Emirates NBD has made the open offer with a price of Rs 280 per share, which allows it to acquire the stake for Rs 11,636 crore.
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RBI Rejects ESAF Small Finance Bank’s Stake Transfer Plan To Dia Vikas Capital
The arrangement was expected to help ESAF Financial Holdings meet the Reserve Bank’s ownership dilution requirements without changing the overall effective control structure.
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Big Bank Reforms: Government Mulls Major Changes In PSU Bank Ownership Rules
Sources say that the proposals discuss a 49% foreign direct investment limit in public sector banks, compared with the current 20%.
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RBI Rings In New Rules For Acquisition Financing By Banks: 70% Cap, Profitability And More
The RBI, in its draft guidelines, said a bank's exposure towards acquisition finance should not exceed 10% of its Tier-1 equity.
