Why Legacy Banks Are Rapidly Losing Market Share to Digital Challengers The global financial services industry is experiencing a profound transformation, and one of the most urgent signals is the rise of legacy banks losing share digital competitors. Traditional banks, once the pillars of trust and stability, are now seeing their dominance erode in the…
Nifty closes below 25200 for the first time in the week as Indian equity benchmarks witnessed a weak end to Friday’s trading session. The overall market sentiment remained subdued due to multiple factors including global headwinds, muted earnings, and widespread sectoral selling. The BSE Sensex fell sharply by 689.81 points to settle at 82500.47, while…
Adani Green battery plant commissioning in 2025 represents a key development in India’s growing clean energy ecosystem. Adani Green Energy Limited (AGEL), a part of the Adani Group, has announced the operational launch of a 2 GWh battery energy storage system (BESS) as part of its integrated renewable power strategy. Located in Rajasthan’s Jaisalmer district,…
SBI digital lending app launch 2025 marks a major leap forward in the bank’s digital-first strategy. The State Bank of India has unveiled a dedicated mobile app that enables users—especially salaried customers and entrepreneurs—to access personal, salary-top-up, and small business loans instantly and with complete transparency. The intuitive app allows digital document submission, instant approvals,…
India is currently riding a historic wave of primary market activity. So far in 2025, Indian companies have raised $6.7 billion through IPOs, surpassing the $5.4 billion raised in the same period of 2024. This puts India ahead of all countries except the U.S. in global IPO fundraising — a remarkable shift for a rising…
Electric vehicle enthusiasts and industry analysts are eagerly awaiting July 15, 2025, when the Tesla Mumbai showroom opening is scheduled to go live. This marks a major milestone for the global EV giant, representing its first physical retail presence in India after years of anticipation. The showroom is expected to showcase Tesla’s Model 3 and Model…
In a landmark leadership shift, HUL new CEO Priya Nair took center stage as Hindustan Unilever’s first female Chief Executive & Managing Director. Effective August 1, 2025, she assumes the helm following Rohit Jawa’s departure on July 31. The market responded immediately, sending HUL shares up around 4% on the heels of this news. This…
On the morning of July 11, 2025, the Indian rupee opened on a weaker note, triggering concern across markets. The decline came amid growing fears surrounding renewed global tariff tensions led by the United States. The rupee opens lower tariff impact was immediately felt in investor sentiment, with forex traders, equity analysts, and policymakers closely…
The Indian IT industry is under the spotlight as Tata Consultancy Services (TCS), the country’s largest software exporter, released its first-quarter financial results, missing revenue expectations and sending shockwaves through the stock market. The TCS Q1 revenue miss impact has become a focal point for investors and analysts as they reassess the health of the…
India’s largest public sector lender, the State Bank of India (SBI), is preparing for a massive equity offering that could reshape the banking sector’s capital dynamics. According to reports from Reuters and other financial sources, SBI plans to raise between ₹25,000 crore to ₹29,000 crore through a Qualified Institutional Placement (QIP), marking its first such…