Finance

India’s EV Growth Driven by Demand for Permanent Magnets; Two Companies Lead the Race

DOWNLOAD IPFS India’s electric vehicle (EV) industry is gaining momentum, and a critical but often overlooked component is emerging as a key growth driver: permanent magnets used in EV motors. These magnets are essential for improving motor efficiency and performance, and their rising demand is fueling interest in companies investing[Read More…]

KSFE Becomes First Miscellaneous NBFC in India to Cross ₹1 Lakh Crore Turnover

DOWNLOAD IPFS Kerala State Financial Enterprises (KSFE), a non-banking financial company owned by the Kerala government, has become the first miscellaneous NBFC in the country to surpass a business turnover of ₹1 lakh crore. The achievement marks a significant milestone in the company’s financial journey and growth. The business turnover[Read More…]

Axis Max Life Sees No Regulatory Blockers for Merger with Max Financial

DOWNLOAD IPFS Axis Max Life Insurance has expressed confidence that its proposed merger with Max Financial Services will proceed without regulatory obstacles, provided that Parliament passes the pending insurance bill. The merger, once the bill becomes law, is expected to move smoothly through the regulatory framework, including the National Company[Read More…]

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