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Aye Finance is set to raise 710 crore via a fresh issue and 300 crore through an offer for sale. This move aims to bolster the company's capital. The micro and small enterprise lender has seen significant growth in its loan book and net profit.
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News and Media
The Reserve Bank of India's rate cuts may be over. Economists predict a pause as inflation pressures rise and growth prospects improve. Trade deals with the USA and EU boost economic outlook. The central bank has kept its policy rate steady. This suggests monetary policy easing is largely complete. Some still anticipate one final cut.
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News and Media
Seafood stocks saw a dip after a rally, despite a positive medium-term outlook from the India-US trade deal expected to boost marine exports. Investors remain cautious due to near-term margin pressures and intense competition. The deal's success hinges on ongoing negotiations and the US tariff stance for other exporters, crucial as the US is India's largest market.
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News and Media
Indian stock markets are set for a positive start on Monday. This follows the announcement of a broad India-US trade deal over the weekend. Positive global cues, including a strong Wall Street performance, are also supporting the market. Sectors expected to benefit from the deal may see investor interest.
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News and Media
Swiss bank UBS opened accounts for Ghislaine Maxwell in 2014. This happened after JPMorgan Chase ended its relationship with Jeffrey Epstein and flagged Maxwell as a high-risk client. UBS managed millions for Maxwell, including after Epstein's 2019 arrest. Documents reveal the extent of UBS' banking relationship with Maxwell leading up to her conviction.
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News and Media
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