Jp Morgan

Cashfree ties-up with JP Morgan Payments to enable cross-border payments

Payments firm Cashfree on Tuesday announced a collaboration with J.P. Morgan Payments as part of its commitment to building a borderless payments ecosystem. With this, J.P. Morgan Payments becomes an Authorised Dealer Category-I (AD-I) bank for Cashfree, enabling the processing of import transactions under the RBI's Master Direction on Regulation of Payment Aggregator, a joint statement said. This collaboration addresses the payment-related barriers head on by combining global credibility with homegrown innovation, it said. With J.P. Morgan Payments acting as Cashfree's AD-I bank, import transactions are routed end-to-end in compliance, while offering businesses the assurance of secure, transparent, and reliable settlements through trusted rails, it said. As India continues to set global benchmarks in digital payments, the world is increasingly looking to the country as the emerging hub for seamless digital commerce. The next era of global payments will be defined by enabling ...

Reliance Retail worth $143 billion, Jio valued at $135 billion: JP Morgan

JP Morgan said Reliance's consumer arms Retail and Jio will drive nearly all of group EBITDA growth over the next three years, as oil-to-chemicals declines in value share

Charlie Javice gets 7 yrs in prison for defrauding JPMorgan of $175 million

The 33-year-old Frank founder was convicted of conspiracy, bank fraud, and wire fraud after faking user records to sell her startup to JPMorgan in a $175 million deal

Trump's new H-1B visa fee caught everyone off guard: JPMorgan chief Dimon

"That caught everyone off guard," Dimon said in a CNBC-TV18 interview. "And so we had a lot of phone calls over the weekend. What does it mean?"

India IPOs to surpass 2024 highs as billion-dollar issues ahead: JP Morgan

Public offerings worth nearly $13 billion have been approved by the regulator so far, with another $18.7 billion-worth of IPOs pending approval, according to data provided by PRIME Database

JPMorgan sees India as 'bright spot' despite Trump tariff concerns

India has borne the brunt of policy changes by the US administration, with a 25 per cent reciprocal levy on the country being doubled because of its purchases of Russian oil

Citibank names Kaustubh Kulkarni as co-head for investment banking in Apac

Citi has appointed Kaustubh Kulkarni, former JP Morgan India country officer, as co-head of investment banking for Asia Pacific, with his new role effective from December

JPMorgan agrees to pay Malaysia $330 million to settle 1MDB issues

Malaysian and US investigators say at least $4.5 billion was stolen from 1Malaysia Development Berhad in a globe-spanning scheme between 2009 and 2014

Apple to launch foldable iPhone as part of iPhone 18 series in 2026: Report

Apple's first foldable iPhone could arrive in 2026 as part of the iPhone 18 lineup, featuring a book-style design, dual displays, and a possible $1,999 starting price

India relatively safe amid trade uncertainty; remain overweight: JP Morgan

Besides India, Korea, Brazil, United Arab Emirates (UAE), Poland and Philippines are the other emerging markets (EMs) where JP Morgan has maintained an 'overweight' stance

JP Morgan backs Vedanta after Viceroy report, says "not getting distracted"

Analysts at JP Morgan believe Vedanta is cheap within the Asian and emerging market (EM) metals and mining space

India's liquidity surplus unlikely to lift credit growth, says JP Morgan

While surplus liquidity influences overnight borrowing costs, a recent analysis by the firm showed it does not impact credit or deposit growth in the economy

Post JP Morgan index inclusion, FPIs turn sellers in FAR securities

After completion of inclusion process of domestic government securities in JP Morgan Indices on March 31, 2025, FPIs have net sold ₹31,262 crore worth of FAR securities so far

JP Morgan upgrades Torrent Pharma to 'Overweight', lifts target; stk up 5%

Torrent Pharma share price rose after JPMorgan reportedly upgraded the company to 'Overweight'. The brokerage also hiked the target price to ₹3,800, from ₹3,650 earlier.

JP Morgan India pre-leases office space in Sumitomo's BKC project

The lease is for a period of 10 years and will commence on October 1, 2026, the proposed handover date of the property

SBI MF, Goldman Sachs, others buy 1.8% stake in Bajaj Finserv

SBI MF, Morgan Stanley and Goldman Sachs, among others, on Friday cumulatively bought a 1.8 per cent stake in Bajaj Finserv for Rs 5,506 crore from promoter entities. Besides, JP Morgan India, Citigroup Global, Societe Generale, SBI Life, BofA Securities and Barclays Merchant Bank (Singapore) were also among the buyers, as per block deal data on the NSE. These entities bought 2.86 crore shares or 1.8 per cent stake in Bajaj Finserv at an average price of Rs 1,925.20 apiece, taking the combined transaction value to Rs 5,506.07 crore, as per the data. Meanwhile, Bajaj Finserv's promoters entities Bajaj Holdings and Investment and Jamnalal Sons offloaded an equal number of shares at the same price. After the stake sale, the promoters' holding of Bajaj Finserv dipped to 58.84 per cent from 60.64 per cent earlier. Shares of Bajaj Finserv rose 2.30 per cent to close at Rs 1,988.70 apiece on the NSE. In a separate block deal on the NSE, Wabco Asia Pvt Ltd, promoter of ZF Commercial Vehi

JPMorgan bars incoming analysts from job-hopping in first 18 months

The move comes as Wall Street banks push back against private equity firms poaching junior talent through accelerated hiring cycles

JP Morgan turns bullish on emerging markets; India among top picks

JP Morgan on India: India, JP Morgan believes, remains 'trade-insulated' and is a safe haven amid trade war 2.0 besides being cyclically well-positioned

Singtel to sell 47.6 million Bharti Airtel shares worth $1 bn on Friday

The Singapore-based telco currently holds a 29.5 per cent cumulative stake in Bharti Airtel through direct and indirect shareholding in promoter entities

Meta, Oracle bosses sold billions in stocks before Trump's tariff crash

Mark Zuckerberg, Jamie Dimon, Safra Catz among top CEOs who sold billions in shares weeks before Trump's tariff move triggered a historic $6.6 trillion stock market wipeout