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KKR taps Nisha Awasthi, plans to expand India operations with more hiring KKR plans to hire 150 staff by early next year for the new office in Gurugram. The company seeking to recruit in the areas of finance, operations, human capital and technology

Indusind Bank aims to add 10 million customers through its new app INDIE IndusInd Bank has reported a 21% year-on-year jump in advances to ₹3.14 trillion as of end of the September quarter. Deposits jumped 14% on year to ₹3.59 trillion during the period

Go First return faces further delay amid bench change at NCLT This administrative roadblock presents challenges for both the airline's future and the lessors, and will potentially lead to delays in Go First's resolution

Coca-Cola rolls out 100% recycled PET bottles for small packs The company has been pushing low-priced packs in the market to draw more consumers as well as to help shoppers pick smaller packs to mitigate the impact of high inflation.

FIIs cut stake in HDFC Bank FIIs have reduced their shareholding in the HDFC Bank to 58.75% as of 30 September-end against 60.23% as of 14 June.

HDFC Bank’s CASA ratio falls; credit, deposit growth robust The private sector lender’s current and savings account ratio was 37.6% as of 30 September 2023 compared to 42.5% as of 30 June 2023.

RBI sets up external working group on ECL provisioning The ECL model proposed by the regulator, where banks have to recognize stress much earlier, is in contrast to the existing regime where banks make provisions after incurring losses.

Empowered to lift corporate veil: Sebi Sebi’s comments came while arguing in the Bombay Dyeing matter before the Securities Appellate Tribunal. A bench led by Justice Tarun Agarwala was hearing Bombay Dyeing’s petition challenging Sebi’s October 2022 order against the company.

Corporate investments getting concentrated in few groups, govt should encourage flowers to bloom: Uday Kotak He said many corporates are not going ahead with investments and added that we are witnessing 'significant consolidation and concentration' because of this.

Vedanta Q2 Update: Aluminium production rises 2% YoY to 5.94 lakh tonnes Vedanta's mined metal output at Zinc India was down 1% to 2,52,000 tonnes from over 2,55,000 tonnes in the year-ago period.

IDFC First Bank sets QIP floor price at ₹94.95/share In 2021, the bank raised had ₹3,000 crore through a QIP at a floor price of ₹57.35 per share.

HDFC Bank Q2 Update: Advances grow 57% to ₹23.54 lakh crore, home loans rise 10% YoY after merger HDFC Bank’s domestic retail loans grew by around 111.5% year-on-year (YoY), while commercial & rural banking loans grew by around 29.5% YoY and corporate & other wholesale loans grew by 8% YoY.

SonyLIV announces foray into Africa and the Caribbean Users of South Africa, Mauritius, Jamaica, Guyana, and Trinidad and Tobago can now access the platform’s content catalogue.

Crisil upgrades Fusion MicroFinance rating for 2nd time in less than a year Last year in November, CRISIL gave a rating of A/Stable from A- to Fusion Micro Finance

Fintech unicorn Slice merges with North East Small Finance Bank The merger and shareholding details are yet to be known, but it is expected that Slice will own majority stake in the combined entity.

upGrad's Mayank Kumar steps down as chairperson of India Edtech Consortium Mayank Kumar's decision comes as he plans to prioritise his responsibilities at upGrad

UK's struggling fashion retailer Superdry to sell its IP assets to Mukesh Ambani's Reliance Retail Superdry will sell its intellectual property assets to Reliance Retail for $48.27 million

Dunzo seeks to raise $35 million in rights issue at a slashed valuation of $200 million: Report The funding will slash the valuation of the beleaguered startup Dunzo to about $200 million, which is just one fourth of its peak value of $800 million, a report said.

Meta to lay off employees in metaverse silicon unit today Employees were informed of the layoffs in a post on Meta's internal discussion forum Workplace on Tuesday

?Consumers? love and respect must prevail over numbers? Piyush Pandey, chairman of global creative and executive chairman, India at Ogilvy speaks with Mint ahead of stepping into an advisory role starting 1 January