India is emerging as the top pick in Asia‑Pacific private markets, offering global investors scale and resilience as activity in the Asia-Pacific slows, a survey by McKinsey & Company and the Indian Venture and Alternate Capital Association showed.Read More
The Reserve Bank of India has issued stricter prudential norms for bank dividend payouts and profit remittances. The framework links payouts to capital strength, asset quality, and regulatory compliance to ensure financial stability and adequate capital buffers across banks.Read More
Morgan Stanley Asia Singapore bought shares worth ₹69.2 crore in Nazara Technologies through a block deal, acquiring 28.85 lakh shares from Think India Opportunities Master Fund as the gaming company continues global expansion and posts strong revenue and EBITDA growth.Read More
The Indian Rupee strengthened on Tuesday, recovering from a historic low. Falling oil prices and intervention by the Reserve Bank of India supported the currency. Global markets also saw gains following predictions of a swift end to the Middle East conflict. Energy prices remain a key factor influencing currency markets.Read More
Billionaire investor Bill Ackman’s Pershing Square filed for U.S. initial public offerings of his hedge fund and a new fund on Tuesday, looking set to join a small club of publicly traded alternative asset managers.Read More
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