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HDB Financial Services Ltd. is close to securing the go-ahead from India’s securities regulator for its initial public offering, according to people familiar with the plan, which would allow the shadow lender to launch one of the country’s biggest listings this year. The Securities and Exchange Board of India’s approval is set to be made…
Thiruvananthapuram, May 25 (PTI) Kerala Financial Corporation (KFC), the state-run development financial institution, has announced its highest-ever annual net profit of ₹98.16 crore for the financial year ending March 31, 2025, marking a 32.56 per cent rise from the previous year. The Corporation’s total loan portfolio crossed the ₹8,000 crore mark for the first time,…
Bloomberg, the financial data service used by traders around the world, was hit by an outage on Wednesday, briefly disrupting auctions of UK and EU bonds. The Bloomberg terminal is the crown jewel of the media empire founded by US billionaire Michael Bloomberg in 1981 and counts some 350,000 users worldwide. The service, which costs…
Chime Financial Inc. filed publicly for an initial public offering, joining a growing number of candidates looking to go public in the brief window before the typical summer lull. The no-fee banking services company disclosed net income of $12.9 million on revenue of $518.7 million for the first three months of 2025. That compares with…
(Bloomberg) — Brazilian airline Azul SA has cut deals with lessors, exchanged its debt and raised hundreds of millions in fresh cash in the past year in a bid to turn around its ailing finances. And yet, its efforts have done little to build confidence: Dollar bonds issued just months ago have lost more than…
(Bloomberg) — When Michael Saylor transformed his long-fading software firm into a Bitcoin juggernaut in 2020, he pulled off one of the most successful corporate pivots in recent memory by weaponizing the sheer power of capital markets. Now, Cantor Fitzgerald — backed by institutional muscle — is aiming to replicate Saylor’s success with even bigger…
Expert view: Ankur Jhaveri, MD & CEO, Institutional Equities at JM Financial Institutional Securities Ltd., believes a major trade war could impact the Indian economy, but domestic consumption could restrict the overall impact. In an interview with Mint, Jhaveri shared his views on the stock market strategy, sectors he is positive about and key triggers…
Jio Financial share price: Shares of Jio Financial Services experienced buying ahead of the announcement of Q4 results 2025. The Reliance Group company declared modest quarterly earnings in the recently ended March 2025 quarter. However, Jio Financial Services reported a significant increase in Assets Under Management (AUM) during Q4FY25. According to stock market experts, Jio…
Bitwise’s most recent survey found 22% of advisors said they were allocating to crypto, up from 11% a year earlier. Across the world of wealth management, crypto is starting to become a bigger part of the conversation, even if it isn’t widely adopted amid concerns about transparency, volatility, and valuation methods. In some ways, it’s…
Here’s a quick look at stocks likely to be in focus in Monday’s trade after declaring their respective March quarter results (Q4FY25). Several prominent companies announced their March quarter (Q4FY25) earnings ahead of the trading session on Monday, setting the stage for stock-specific action in the market. From tech giants like Infosys and Wipro to…