Finance

Kotak Bank Launches Solitaire to Serve India’s Affluent Class

Download IPFS Kotak Mahindra Bank has unveiled “Kotak Solitaire,” a highly exclusive banking initiative tailored for India’s growing class of affluent individuals. The invite-only program delivers a unified, personalised experience across financial services and lifestyle benefits, with an emphasis on family-first features positioning Kotak as a serious contender in the[Read More…]

Plan to Revive Digital Competition Bill Raises Concerns Among Industry Players

DOWNLOAD IPFS The Indian government’s renewed push to introduce the long-awaited Digital Competition Bill has sparked concern among major tech firms and industry stakeholders, who fear the proposed legislation could stifle innovation and impose excessive regulatory burdens on digital businesses. The draft bill, which aims to curb anti-competitive practices by[Read More…]

CAG Flags ₹21.3 Trillion in Unrealized Taxes, Highlights Gaps in Union Government’s Fiscal Reporting

DOWNLOAD IPFS India’s top audit body, the Comptroller and Auditor General of India (CAG), has flagged serious fiscal discrepancies in the central government’s financial reporting for the year 2022–23. The audit revealed that ₹21.3 trillion in tax revenues remained unrealized by the end of the fiscal year, raising concerns over[Read More…]

SBI Raises ₹25,000 Crore via QIP, India’s Largest Institutional Stock Placement

DOWNLOAD IPFS State Bank of India (SBI) has completed a ₹25,000 crore qualified institutional placement (QIP), marking the largest-ever institutional share placement in India’s capital markets. The bank issued 305.9 million shares to qualified institutional investors at ₹817 per share, slightly below its pre-issue market price. The highly anticipated offer[Read More…]

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