Category : Banking


Carlyle Acquires Majority Stake in Nido Home Finance

The Carlyle Group, in partnership with Aditya Puri's family office, will acquire a 73% stake in Nido Home Finance from Edelweiss Financial Services in a deal valued at ₹2,100 crore, marking a major entry into India's housing finance sector.

PE/VC Funds Favor Block Deals Over IPOs for Exits

Private equity and venture capital investors are increasingly opting for post-listing block deals instead of IPOs to monetize holdings, with data showing a significant shift in exit strategies since 2021.

Biopol Chemicals IPO Oversubscribed 18.77 Times

The Biopol Chemicals SME IPO closed with strong subscription of 18.77 times on Tuesday. The issue received over 5.43 crore bids against 28.94 lakh shares offered, with NIIs leading demand.

Gold, Silver Prices Fall Sharply; ETFs Also Decline

Gold and silver prices experienced significant declines on Tuesday, with MCX gold dropping over ₹2,000 and silver plunging more than ₹5,500. The pullback is attributed to profit-booking and shifting expectations around US Federal Reserve rate cuts. Despit

LED Display Stocks Rise on India Railways Order Win

Shares of LED display manufacturers gained significant traction in the stock market following a substantial order win from Indian Railways, signaling robust growth prospects in the digital infrastructure sector.

PNB Apprentice Recruitment 2026: 5,138 Vacancies Open

Punjab National Bank has launched its Apprentice recruitment drive for 2026, offering 5,138 positions. Graduates can apply online until February 24, 2026, with selection via an online exam and stipends up to Rs 15,000 per month.

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