Bajaj Finserv Surpasses SBI in Market Value
Bajaj Finserv has become India's third most valuable financial group, overtaking State Bank of India. The rapid expansion of its retail lending business and its focus on profitability are credited for this growth. Bajaj's aggressive approach to digital innovation is expected to further solidify its position in the financial landscape
India’s FPI Inflows Hit 9-Month High
Foreign Portfolio Investments (FPI) into India reached a nine-month high, reflecting confidence in India’s economic resilience amid global uncertainty. This could further boost India's position in global markets.
NSE's Loss May Turn BSE's Gain
Recent challenges at the NSE are giving the Bombay Stock Exchange (BSE) an opportunity to capture market share. With an increase in listings and investor interest, BSE is poised for growth.
M&A Deals Surge by 14% in 2024
India’s mergers and acquisitions (M&A) activity has jumped 14% in the first nine months of 2024, reaching $69.2 billion. Leading deals include Bharti Airtel’s $4.08 billion stake acquisition in BT Group and Gujarat Gas’ $3 billion acquisition of Gujarat State Petronet. This growth is driven by India's strong GDP and an attractive investment climate for private equity firms
SEBI Introduces New Reforms for IPOs
The Securities and Exchange Board of India (SEBI) has rolled out new regulations aimed at streamlining initial public offerings (IPOs). The reforms include tighter disclosure norms and stricter eligibility criteria to enhance transparency for retail investors. These changes are expected to boost investor confidence in India's equity markets
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