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Zurich insurance to pay $487 mln for stake in india's kotak mahindra bank unit

Zurich Insurance Group will buy a 51% stake in Indian private lender Kotak Mahindra Bank's general insurance unit for about 40.51 billion ...

November 2, 2023, 3:16 am

India’s au small finance bank to buy fincare in $530 mln all-stock deal; shares drop

India’s AU Small Finance Bank is buying IPO-bound peer Fincare Small Finance Bank in an all-stock deal worth 44.11 billion ...

October 30, 2023, 9:44 am

Gic, tpg healthcare fund buys major stake in indian hospital chain for $72 mln

Specialty investment firm Asia Healthcare Holdings, backed by U.S. private equity investor TPG and Singapore sovereign fund GIC, has acquired a major ...

September 20, 2023, 5:47 am

Paytm unleashes "card soundbox": targets merchants accepting visa and mastercard.

In a move aimed at transforming the landscape of card payments in India, Paytm, the country's prominent fintech firm, has unveiled its latest innovati...

September 4, 2023, 5:41 pm

Softbank fund cuts stake in india's zomato in $115-mln deal

SoftBank Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a deal valued at 9.47 billion ...

August 30, 2023, 10:11 am

Netflix inks deal with reliance's jio to expand india presence

Netflix has inked a “first-of-its-kind” deal with Jio Platforms, India's largest telecom operator, to bundle the streaming service with two pay-as...

August 18, 2023, 7:15 am

Afghani appreciates, flour, gold prices down in kabul

KABUL (Pajhwok): The afghani appreciated against the US dollar and the prices of Kazakhstani flour and gold decreased while that of fuel surged during...

August 12, 2023, 3:44 pm

Short term any breakout of the rupees (usdinr) should be false

The Indian rupee (USDINR) is the official currency of India. The rupee is subdivided into 100 paise (singular: paisa), though as of 2022, coins of den...

July 30, 2023, 1:07 am

Gold prices fell 156 rupees at multi commodity exchange for august contracts

The precious metal was trading at 58,055 rupees per 10 gram. Silver rose by 121 ...

July 3, 2023, 11:59 am

Govt announces sovereign gold bond scheme 2023-24, subscription opens on 19 june

The price of SGB will be fixed in Indian rupees on the basis of simple average of closing price of gold...

June 17, 2023, 3:44 am

Russia's sberbank launches rupee accounts for individuals

Russia's dominant lender on Wednesday said individuals could now open accounts in Indian rupees, expand...

June 14, 2023, 3:01 am

Mumbai, june 1 following are the direct rates of exchange (dpe)

FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN ...

June 1, 2023, 8:44 am

Amazon's cloud business to invest more than $12 billion in india by 2030

Amazon.com's cloud-computing business plans to spend 1.056 trillion Indian rupees (US$12.81 billion) to...

May 18, 2023, 1:47 am

Hyundai motor to invest $2.45bn in india by 2032 to boost ev ecosystem

Hyundai Motor has announced that it plans to invest $2.45 billion (200 billion Indian rupees) over the ...

May 11, 2023, 11:42 am

Japan's mitsubishi electric to build india plant for $231 mln

The Indian arm of Japan's Mitsubishi Electric Corp said on Tuesday that it will invest 18.91 billion rupees...

May 9, 2023, 3:14 am

Russia accumulated billions of rupees, now needs to convert them into other currencies

Russian Foreign Minister Lavrov: We Accumulated Billions Of rupees In Indian Banks, We Need To Convert ...

May 5, 2023, 7:56 am

Forexlive asia-pacific fx news wrap: aud a little higher

Swiss National Bank Chair Jordan speaks Friday. We also get Swiss jobs and inflation data.China Caixin / S&P Global Services PMI 56.4 vs. expected 57....

May 5, 2023, 2:56 am

Icymi - india and russia have suspended efforts to settle bilateral trade in rupees

An attempt to settle bilateral commerce in rupees between India and Russia has been put on hold. There ...

May 5, 2023, 12:50 am

Gold price today: precious metal hits record high, tracking gains in overseas markets

Domestic gold futures rose to 61,490 rupees per 10 grams, up nearly 12% so far in 2023., Personal Finan...

May 4, 2023, 6:29 am

India court rejects xiaomi's challenge to $676 mln asset freeze - live law

A court in India's Karnataka state has rejected China-based Xiaomi Corp's petition challenging the seizure of 55.51 billion ...

April 21, 2023, 5:42 am


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