15 large NBFCs to comply with enhanced regulatory norms: RBI

Reserve Bank of India on Thursday said 15 large NBFCs, including LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, will be subject to enhanced regulatory requirements. Photograph:......

Tata AIG, ICICI Lombard join race for RCap's assets

Tata AIG, ICICI Lombard and Nippon Life have evinced interest for the profit-making insurance arm of Reliance Capital (RCap), joining several prominent financial companies from India and abroad in......

Adani stocks may escape MSCI 'extreme price increase' threshold

While the stocks met various other inclusion parameters, there were fears they may still get disqualified given the sharp run up in their stock prices. Global index provider MSCI has introduced......

Mcap club: Tata group remains No 1; Murugappa, JSW in top 10

Tata Group remained India’s largest business conglomerate in market capitalisation in calendar year 2023 while the Mukesh Ambani camp raced ahead of the Adani businesses to become the......