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Multi-agency group to probe Indian names in 'Pandora Papers'

 The government will investigate every Indian name appearing in an unprecedented leak of financial records, known as the 'Pandora Papers', which alleged that many world leaders have secret offshore......

Sebi cracks down on new funds, asset managers chafe

 When Franklin Templeton's India unit wanted to launch a mutual fund that would switch allocation among stocks, bonds, gold and money markets, the Securities and Exchange Board of India baulked,......

Will money in hand from tax breaks spur housing demand?

 Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing,......

Bankers pitch for a National Asset Management Co

 Concerned over rising bad loans, heads of banks and financial institutions on Tuesday suggested creation of National Asset Management Company which could act as a nodal agency to deal with the......

HSBC's AMC acquires L&T Mutual Fund business for $425 million

 L&T Housing Finance on Thursday announced selling L&T Investment Management (LTIM) to HSBC Asset Management (India) at $425 million. LTIM is the investment manager of the mutual fund business of......

HDFC Bank Q3 a 'strong' quarter despite just 2% profit growth: Analysts

 Analysts have largely maintained their positive outlook on HDFC Bank, as the private lender reported in-line results for the October-December quarter (Q3) of the current financial year......

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