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Author: Pradeep Jayan

Pradeep Jayan is a keen oberver of national and international affairs. He writes regulalry on pressing issues that concerns Indians from a global perspective.

Hinduja Tech signs definitive agreement to acquire Tecosim Group

Posted on 17 July 202417 July 2024 by Pradeep Jayan

Hinduja Tech(HT), a subsidiary of Ashok Leyland, the Indian flagship of the Hinduja Group, today announced the signing of a definitive agreement to acquire Tecosim Group. This strategic acquisition broadens Hinduja Tech’s presence in the European and international markets and solidifies its position as a leading provider of mobility engineering services worldwide, a press release said….

Seeds Fincap Raises Over $8.5M Led by Lok Capital and Matrix Partners India

Posted on 17 July 202417 July 2024 by Pradeep Jayan

Non-Banking Financial Company (NBFC) Seeds Fincap Pvt. Ltd. raised over $8.5 million in a Series A funding round led by Lok Capital and Matrix Partners India (aka Z47). The funds will enable Seeds Fincap to expand…

Virendra Sehwag invests in Getepay

Posted on 17 July 202417 July 2024 by Pradeep Jayan

Jaipur-based fintech start up Getepay has announced investment by cricketer Virendra Sehwag to expand digital payments business. “I am thrilled to be onboard Getepay and be a part of their digital innovation journey….

Kotak Mahindra Bank announces new distribution structure under Pranav Mishra

Posted on 16 July 202417 July 2024 by Pradeep Jayan

Kotak Mahindra Bank on July 16 annoucned its new distribution structure as part of its growth strategy under Pranav Mishra . The distribution structure integrates the Physical branch network, Digital Branch channel…

Sebi issues administrative warning to Paytm over related-party transactions with PPBL

Posted on 16 July 202416 July 2024 by Pradeep Jayan

Market regulator Sebi has issued administrative warning to  One 97 Communications, the parent company of Paytm, the company informed stock exchanges late evening on July 15. The warning letter is over related…

57% of equity MFs outperform respective benchmarks in June’24,finds PL Wealth Management

Posted on 15 July 202415 July 2024 by Pradeep Jayan

The AUM (assets under management) of equity mutual funds witnessed a growth of 8.27% sequentially to INR 23,84,727 crore in June 2024 from INR  22,02,497crore in May 2024 (excluding Sectoral /Thematic Funds), said…

Piramal Finance secures $100 Million loan to support social impact projects

Posted on 11 July 202411 July 2024 by Pradeep Jayan

Standard Chartered Bank is the Social Loan Coordinator for this transaction

BNW Exclusive: Bank privatisation unlikely to come up in Budget 2024-2025

Posted on 10 July 202410 July 2024 by Pradeep Jayan

Earlier, reports had emerged that the Government is considering a list of banks to privatise in this round drawing comfort from the healthy market sentiments and reform-intent. But, a top government official said this is unlikely to happen this time.

India’s private sector banks lead market cap gains on stronger metrics, says S&P Global Market Intelligence

Posted on 8 July 20248 July 2024 by Pradeep Jayan

India’s private sector banks led gains in market capitalization in the three months to June 30 amid improvement in their financial metrics and positive sentiment in the Indian stock market, according to…

Icra pegs securitisation volumes at Rs45,000 cr for Q1

Posted on 5 July 20246 July 2024 by Pradeep Jayan

Rating agency, Icra has estimated that the overall securitisation volumes, originated mainly by financial institutions, stood at around Rs. 45,000 crore in Q1 FY2025, reflecting a reduction of ~20% over Q1 FY2024….

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