Fintech

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Nippon Life India AMC Posts Record Q1 Profit, Market Share Soars

Nippon Life India AMC Hits Record Q1 Profit, Market Share Soars

Nippon Life India Asset Management (NAM India) reports record Q1 FY27 profit of INR 5.04 billion, driven by significant AUM growth and a strengthened market position.

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DSP MF Uses AI to Educate on Multi-Asset Funds

DSP Mutual Fund launches an AI-powered campaign to educate investors on Multi-Asset Allocation Funds, emphasizing long-term diversification and personalized insights.

MDR on UPI: Critics Warn Against Toll on India's Digital Payments

MDR on UPI: Critics Fear Toll on India’s Digital Payments

Critics warn that reintroducing Merchant Discount Rate (MDR) on UPI transactions above ₹2,000 could undermine India’s zero-cost digital payment foundation, impacting ease of business.

A large stack of manila folders labeled "MUTUAL FUND LICENSE APPLICATION" sits on a desk in an office.

SEBI’s Mutual Fund License Queue Grows to Nine

India’s mutual fund sector sees three new license applications in Q1 FY27, expanding SEBI’s approval queue to nine entities by June 30, 2026, signaling strong market confidence.

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DSP Mutual Fund: Master Multi-Asset Funds with New Campaign

DSP Mutual Fund’s new digital campaign educates investors on the long-term benefits of Multi Asset Allocation Funds, moving beyond short-term returns.

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JioBlackRock Appoints Rajiv Chhabria as Chief Business Officer

JioBlackRock Mutual Fund appoints Rajiv Chhabria as Chief Business Officer, leveraging his 22 years of experience to drive commercial growth and digital innovation in India.

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Indo-MIM IPO: ₹3,811 Cr Mainboard Launch July 23

Engineering firm Indo-MIM’s mainboard IPO opens July 23-27, 2026, aiming to raise ₹3,811 Cr. Share price ₹461-₹485. Get details.

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Bharat Forge Airship Deal & Prithvi Forex Card Launch

Bharat Forge partners with Flying Whales for India-made heavy-lift airships, boosting defence under Make in India. Prithvi Exchange launches premium forex card.

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SEBI Approves Carnelian Asset Management for Mutual Funds

Carnelian Asset Management receives SEBI approval to launch mutual fund schemes in India, expanding its services beyond portfolio management and entering the retail investment market.

A female financial advisor and a male retail investor sit at a desk, conversing, with charts on a tablet.

Carnelian Asset Management Gets SEBI Approval for Mutual Funds

Carnelian Asset Management & Advisors receives SEBI approval to launch its mutual fund business, expanding investment access in India with diverse active and passive products.

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EduFund Launches Vittam: Financial Advisor Platform in India

EduFund unveils Vittam, a new financial distribution platform for Indian advisors, expanding services beyond mutual funds to include education, insurance, loans, and wealth management.

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Pune DGM Loses ₹86 Lakhs in Fake Investment Scam

A retired Pune DGM lost ₹86 lakhs to a sophisticated online share trading and IPO scam. The victim was lured by promises of high returns and a fake SEBI certificate. Police are investigating.

TVS Holdings Q1 Profit Jumps 82% Amid Fintech Platform Launch

TVS Holdings Q1 Profit Soars 82%, WSFx Launches GlobalPay Connect

TVS Holdings reports an 82% Q1 profit surge and Rs 17,082.92 crore income. WSFx Global Pay launches GlobalPay Connect platform for forex dealers, FFMCs, and banks.

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Top Stocks: Auto, Fintech, EV Movers – Maruti, Paytm, Ather

Discover today’s top stocks to watch: Maruti Suzuki, Paytm, and Ather Energy are making waves in auto, fintech, and EV sectors. Market insights inside.

A financial advisor points to a digital display showing charts of mutual funds and specialized investment funds.

SEBI Unifies Fund Distributor Certs: SIFs Hit ₹17,858 Cr

SEBI streamlines mutual fund & SIF distributor rules with a unified NISM cert from July 21, 2026. SIF assets surge to ₹17,858 Cr. Learn what it means for investors.

EduFund Unveils Vittam: Empowering Indian Financial Advisors

EduFund Vittam: Empowering Indian Financial Advisors

EduFund launches Vittam, a comprehensive platform for Indian financial advisors, offering tools for wealth management, client onboarding, and expanded product offerings.

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InMobi Plans $1B IPO, Targets $5-6B Valuation

Indian ad-tech giant InMobi appoints top banks for its $1B IPO, aiming for a $5-6B valuation. The company is re-domiciling to India for the listing, signaling a strong tech market.

SBI Funds Management IPO: A Modest Debut Below Expectations

SBI Funds Management IPO: Modest Debut, Under Expectations

SBI Funds Management’s IPO opened with a modest 6-7% gain, falling short of grey market expectations. Explore the reasons behind this cautious market sentiment.

Bajaj Auto, TVS, Crisil Lead Q1 Earnings; Paytm Soars Amid Market Jitters

Q1 Earnings: Bajaj Auto, TVS, Paytm Results & Market Update

Discover Q1FY27 earnings from Bajaj Auto, TVS, and Crisil on July 21, 2026. Paytm reports a 79% profit surge amid market volatility.

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GIFT City Fund Reporting: India Tax Dilemma & Black Money Act Risk

Indian investors in GIFT City funds face reporting ambiguity. Understand the Schedule FA foreign asset status and potential Black Money Act risks while awaiting CBDT clarity.

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Paytm Profit Jumps, KCP Sugar & ACME Solar Secure Major Deals

Paytm’s Q1FY27 profit surges 79%. KCP Sugar bags Rs 257 crore order. ACME Solar secures 25-year PPA for 300 MW hybrid project. Key business updates.

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India’s Demat Slowdown: Shift to Disciplined Investing

India sees a demat slowdown despite 18 crore+ accounts. Retail trading cools, signaling a structural shift towards systematic, long-term investing. Learn more.

Indian Companies Post Strong Q1 FY27 Results Amid Market Shifts

Indian Companies Shine in Q1 FY27: Sobha, Paytm Report Strong Growth

Indian companies like Sobha and Paytm posted impressive Q1 FY27 results, with significant profit surges. Explore sector growth and market dynamics.

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India’s Fintech Governance: Growth, Risk & Regulation

India strengthens fintech governance with RBI’s SRO-FT and data laws, balancing innovation with consumer protection and risk mitigation for secure digital growth.

A person's hand holds a smartphone displaying a payment confirmation, with a Spanish market scene in the background.

India-Spain UPI-Bizum Link: Easier Digital Payments Ahead

India and Spain are accelerating talks to link UPI and Bizum, paving the way for seamless cross-border digital payments and stronger economic ties. Learn what this means for you.

A female President of India in a blue saree shakes hands with a male Moldovan delegate in a suit.

India Courts Moldova for Tech & Green Energy Investment

India invites Moldovan businesses to invest in its booming digital tech and renewable energy sectors, fostering mutual economic growth and strategic partnerships.

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Natural Raises $30M for AI Agent Payment Infrastructure

Fintech startup Natural secures $30M Series A, totaling $40M, to build essential payment infrastructure for autonomous AI agents, paving the way for AI’s financial future.

A wide shot of a bustling financial district with modern skyscrapers and people in business attire walking.

RBI Forex Inflows: $20.72 Billion Boost for India’s Economy

India’s financial stability strengthens as RBI’s swap facility attracts $20.72 billion in forex inflows by July 17, 2026, bolstering the balance of payments.

An Indian investor reviews a document with a financial advisor, who gestures toward a monitor displaying complex financial charts.

SEBI SIFs: India’s New Investment Flexibility Arrives 2025

SEBI’s 2025 SIF launch offers advanced investment strategies and flexibility, bridging the gap between mutual funds and private investments in India.

Two women presidents, Indian and Moldovan, seated at a table with national flags, delegates in background.

India-Moldova Forum: New Economic Diplomacy for Digital & Green Sectors

The India-Moldova Business Forum in Chișinău sets a new framework for bilateral economic ties, focusing on digital and green sectors, aligning with India’s Viksit Bharat 2047 vision.