Tag: nbfc

Alibaba’s $100M Investment Fuels X Square Robot’s Push For Embodied AI, Global Sales, And Next-Gen Humanoids

Market
X Square Robot, a Shenzhen-based humanoid startup, secured approximately $100 million in funding led by Alibaba Group Holding (NYSE:BABA) through Alibaba Cloud in a deal that strengthens the company's expansion in...

Inflation’s ways give room for a rate cut, but RBI may not do it

Economy
India's inflation environment remains benign as reinforced by the latest Consumer Price Index (CPI) print, providing space for potential monetary easing. However, most economists, including those with the country's top banks, expect the Reserve Bank...

Govt revises dividend, buyback and bonus issue norms for CPSEs

Stocks
The Union government has revised its guidelines regarding capital restructuring of Central Public Sector Enterprises (CPSEs) to address the critical interlinked issues such...

CCI clears JM Financial’s 43% stake buy in JM Fin Credit Solutions

Business
NEW DELHI: Fair trade regulator CCI on Tuesday cleared JM Financial's proposed acquisition of a 43 per cent stake in JM...

RBI: Banks should bring similar business under one entity

Business
MUMBAI: Banks that have a large conglomerate structure will now have to consolidate similar activities under one entity, according to RBI's...

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