India has sought to bolster funding for the defence sector following a short but deadly conflict with arch-rival Pakistan last May in which drones and fighter jets took centre stage
With private investment slow to revive, the burden of sustaining economic momentum has fallen disproportionately on the government
US-based asset manager State Street Investment Management will acquire a 23 per cent stake in Groww Asset Management for USD 65 million (Rs 580 crore), in a move aimed at strengthening its presence in India, the asset management arm of Billionbrains Garage Ventures said on Wednesday. The investment will be made in one or more tranches. The total investment comprises Rs 381 crore through secondary share purchases and about Rs 199 crore in fresh capital, which could dilute Groww AMC's stake up to 23 per cent. "The investment will help State Street Investment Management to strengthen its presence in India while also enabling the delivery of Indian-focused investment strategies to its clients globally," the US-based firm said in a statement. Separately, in a stock exchange filing, Groww AMC said it has entered into an agreement with State Street Global Advisors Inc, an entity that operates under the State 'Street Investment Management' brand, for an investment into the ...
In seven turbulent years for Indian equities, one mutual fund has delivered standout returns.
The net investment income of the insurer for the quarter stood at Rs 10,745.64 crore, compared with a loss of Rs 7,905.93 crore in the year-ago period
Bessemer Venture Partners leads the Series B round as the healthcare chain bets on rising demand for rehabilitation outside hospitals
As Budget 2026 approaches, there’s a renewed debate over whether India should raise taxes on the super-rich to shore up government finances.
He said the expanding new middle class and their growing purchasing power are among the major factors that have made India a country of immense possibilities
The special resolutions will be put to vote between January 11 and 13, with an extraordinary general meeting (EGM) scheduled for January 14
NSO data shows infrastructure investment gaining momentum in FY26 on strong public capex, while household consumption growth is expected to ease marginally
The capital raise reflects strong shareholder confidence in Avanse's strategy, governance, long-term growth potential, while reinforcing its disciplined approach to building a diversified funding base
Sai said the government will undertake mapping of previously unmapped regions such as Abujhmad, which had remained outside regular surveys for decades
The private sector dominated the investment pipeline with a share of 89.7 per cent or ₹23.87 trillion, while government sector investments stood at ₹2.75 trillion
The government has approved 22 additional applications under the Electronics Component Manufacturing Scheme, taking total approvals to 46 companies with cumulative investment of Rs 54,567 crore
State accounted for over a quarter of India's proposed investments in the first nine months of FY26, emerging ahead of Odisha and Maharashtra, according to a Bank of Baroda report
Board-approved restructuring will transfer Samman Finserv's NBFC business to Sammaan Capital and surrender the licence, aiming to consolidate lending and meet single-NBFC norms
As 2025 winds down, one of India’s largest wealth managers is laying out its roadmap for the year ahead.
Gold's surge, small-cap swings, flat debt returns and crypto whiplash tested retail discipline
The deal follows an agreement in September under which both companies agreed to collaborate on the co-development of custom chips for data centres and personal computing
Wealth management can no longer be about products alone, it must deliver insight, personalisation, and foresight