Security Financial News

06.12 / 15:33

COST UPS Booking security wellness Interviews As Fino becomes small finance bank, the focus shifts to secured lending

Subscribe to enjoy similar stories. Fino Payments Bank, the first payments bank to receive an in-principle nod from the Reserve Bank of India (RBI) to transition into a small finance bank (SFB), is gearing up for a strategic shift that will expand its current business model significantly. The transition will be a cautious one with a focus on secured lending, primarily loans against property (LAP), affordable housing, and, to some extent, gold loans, managing director and chief executive officer Rishi Gupta told Mint in an interview.

06.12 / 00:25

COST UPS security Pool show evacuation rowing Too much power, too little grid: Why Adani, NTPC and JSW are forced to cut solar power production

Subscribe to enjoy similar stories. Top solar power producers in Rajasthan have dialled down production, after a congested grid prompted the regional regulator to step in. According to three people aware of the matter, Adani Group, NTPC Green, KKR-backed Serentica, EQT-backed Zelestra and JSW Group have had to curtail peak-hour production totalling 5GW in the second half of November alone, leading to potential losses and highlighting the slow pace of transmission capacity addition in the face of frenetic solar power growth.

05.12 / 14:15

Digital Platform security Software Healthcare information Courts Ex-Cognizant chief D’Souza back into healthcare software, this time with a former rival

Subscribe to enjoy similar stories. Francisco D’Souza, the former Cognizant chief who had once helped secure the $2.7-billion TriZetto healthcare software deal and locked horns with its rival HealthEdge in court, is now betting big on that very competitor. This time, steering its next chapter with Bain Capital.

05.12 / 13:37

Digital CEO security Nov President Bitcoin reports Trump family-backed companies are being left behind as crypto recovers

Subscribe to enjoy similar stories. Bitcoin and other digital assets are staging a recovery. Some crypto industry companies tied to President Donald Trump and his family aren’t keeping up.

05.12 / 09:15

markets COST UPS Racing security Apple Features Apple may actually be winning the AI race

Subscribe to enjoy similar stories. Apple has emerged from the AI doghouse. The stock hit a new all-time high this past week after surging 39% since Aug.

05.12 / 09:15

markets UPS security economy wellness cover social Can pensioners rescue China’s economy?

Subscribe to enjoy similar stories. INSIDE BEIJING’S third ring road, Mr Li rides a scooter for FlashEx, a courier. Now in his 40s, with two school-age children, he migrated from Henan province, roughly 600km to the south.

05.12 / 09:15

Action security Justice 2020 reports Department Courts Vedanta moves Delhi high court against taxman’s ₹1,308-cr avoidance allegation under India–Mauritius treaty

Subscribe to enjoy similar stories. New Delhi: Mining and metals conglomerate Vedanta Ltd, through its promoter entity Vedanta Holdings Mauritius II Ltd (VHML), has moved the Delhi high court challenging the income tax department's claim that the group gained undue tax advantage of about ₹1,308 crore through the misuse of the India–Mauritius tax treaty.

05.12 / 08:21

markets Digital Aware security testing Updates International What really counts in life insurance: The claim experience

Subscribe to enjoy similar stories. In life insurance, value is proven not in brochures or marketing campaigns, but at the moment a family files a claim. It’s here—where operational efficiency, regulation and human empathy intersect—that the industry’s promise is truly tested.

05.12 / 01:15

markets UPS security Research wellness trends reports Corporates usually wait for RBI rate decision before bond offers. Not this time

Subscribe to enjoy similar stories. Mumbai: Bond issuers have flooded the market with long-term paper ahead of the 5 December Monetary Policy Committee meeting, breaking from past trends amid uncertainty about a rate cut, a weakening rupee, and a high supply of central and state government debt. Over the past two weeks, financial institutions such as Axis Bank Ltd, Power Finance Corp., Canara Bank, ICICI Bank Ltd, Indian Railway Finance Corp, and ICICI Prudential Life Insurance Co.

05.12 / 01:15

UPS security Parke awards Courts rights International Byju Raveendran’s offshore footprint resurfaces in Aakash’s ₹250-cr fundraise

Subscribe to enjoy similar stories. BENGALURU : The participation of Beeaar Investco Pte. Ltd, a little-known Singapore vehicle wholly owned by Byju Raveendran, may have exposed test-prep institution Aakash Educational Services Ltd’s ₹250‑crore rights issue to potential legal challenges.

04.12 / 07:21

markets COST UPS security Enterprise Research show Mid-cap banks are back in favour. But only a few will ride the next rally.

Subscribe to enjoy similar stories. The Street is positioning mid-cap banks at the front of the next financial sector rally, betting on stronger small-business and retail loan growth in 2026 and easing funding costs. Investors view these lenders as prime beneficiaries of the next credit upcycle, given their increased exposure to high-yielding retail and micro, small and medium enterprise (MSME) loans.

04.12 / 07:21

COST Provident FIVE security Bill President information Rupee depreciation set to benefit country’s $283 billion IT sector

Subscribe to enjoy similar stories. The rupee’s fall to a historic low against the US dollar on Wednesday has left one segment of companies cheering – India’s $283 billion information technology (IT) sector. The rupee plunged to 90.29 against the dollar before closing at 90.19, marking a fall of 5.4% since the start of the fiscal year.

04.12 / 03:37

markets COST BLOCK security Cycling Whirlpool performer Whirlpool’s promoters are walking away; should investors follow?

Subscribe to enjoy similar stories. Whirlpool shareholders have been in a whirlwind in recent months. Last week, Whirlpool Corp., the promoter of Whirlpool of India, sold 11.2% stake in the Indian entity.

03.12 / 09:33

security wellness country exclusive Department prevention rights NRIs can cut tax on mutual fund gains using DTAA — here’s how

Subscribe to enjoy similar stories. Non-Resident Indians (NRIs) have long looked to India’s mutual funds for wealth creation — but taxation on capital gains remained a grey area. Recent rulings by the Income Tax Appellate Tribunal (ITAT) have now brought meaningful clarity: NRIs in countries with favourable Double Taxation Avoidance Agreements (DTAAs) may be taxed only in their country of residence, not in India.

03.12 / 08:13

security Analysis Interface wellness trends show Features Groceries to gold: How UPI's micro-payments reshaped India's spending habits

Subscribe to enjoy similar stories. It’s been nearly 10 years since the Unified Payments Interface (UPI) arrived in the Indian market and revolutionized how Indians make everyday payments. More than 636 million UPI payments worth nearly ₹82,000 crore were made on an average day in November.

03.12 / 08:13

markets Extreme security Strategy performer innovations Courts Natco Pharma’s cyclical business model, low revenue visibility are bitter pills to swallow

Subscribe to enjoy similar stories. Shares of Natco Pharma Ltd have dropped 38% from the 52-week high of ₹1,505 (December 2024), as the Street grows cautious about its high-risk, high-reward business model. Natco focuses on extremely complex, niche drugs, mainly in cancer treatment, injectables, peptides, and legally challenged patents in the US market.

03.12 / 05:43

markets Provident Platform security country 2020 reports Address Maker, AIGPL ink ₹200 crore private credit deal to help develop real estate projects, enter Mumbai market

Subscribe to enjoy similar stories. BENGALURU: Property developer Address Maker has struck a ₹200 crore private credit deal with AI Growth Pvt. Ltd (AIGPL) to help with its projects, purchase of land and plans to enter new markets, top executives of both companies said.

03.12 / 02:13

markets Digital Manufacturing Platform security reports Updates Sanchar Saathi could secure telecom networks but its success should be determined by its appeal as an app

Soon after its order on keeping chat apps linked to phone SIM cards even for web access to such messaging platforms, India’s Department of Telecommunications (DoT) issued a fresh directive aimed at tightening network security further. This one is likely to ruffle even more feathers.DoT has asked smartphone makers to pre-install a government-run cybersecurity app called Sanchar Saathi on all new devices. This app must be placed prominently to catch attention the first time a phone is used.

03.12 / 02:01

UPS Citi Provident Cooper security information Courts ‘Welcome to America!’ Captured drug lords choose: snitch or suffer

Subscribe to enjoy similar stories. MEXICO CITY—Dozens of Mexico’s most dangerous prisoners, cuffed hand and foot, boarded army jets under heavy guard this year, a rogue’s gallery of cartel leaders responsible for smuggling tons of heroin, fentanyl, cocaine and methamphetamine to insatiable U.S. buyers.

03.12 / 01:19

IPO Career Google security Software Trade students IIT placements bring startups into a hiring war with the bigwigs, who wins?

Subscribe to enjoy similar stories. Startups are offering higher salaries, bigger bonuses and more employee stock options (Esops) at the Indian Institutes of Technology (IITs) this year, but despite securing first-day slots too, they are struggling to attract top talent as campus hiring shifts from mass hiring to picking a few high-quality candidates amid an AI-led productivity boost.

02.12 / 17:07

markets Platform security Enterprise Research wellness Interviews Seattle’s Yoodli secures $40 million to expand AI learning, strengthen team

Subscribe to enjoy similar stories. Yoodli has raised $40 million in Series B funding led by WestBridge Capital, as the Seattle-based experiential learning platform strengthens its team and expands more aggressively into the enterprise market. Existing US-based investors Neotribe and Madrona also participated in the round.

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