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Author: nanika

Leadership Reshuffle Likely at HDFC Bank as Chairman Search Nears Conclusion
Categories: Banking

Leadership Reshuffle Likely at HDFC Bank as Chairman Search Nears Conclusion

by nanikaJune 29, 2026June 29, 2026

HDFC Bank is expected to appoint a regular chairman within the next two weeks, ahead of a key decision on…

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Persistent Systems Expands AI Push with Acquisition of German Firm Nagarro
Categories: Business

Persistent Systems Expands AI Push with Acquisition of German Firm Nagarro

by nanikaJune 27, 2026June 27, 2026

Persistent Systems has announced that it will acquire German digital engineering company Nagarro in an all-cash deal valued at approximately…

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Vedanta Plans Asset Monetisation Through New Property Arm
Categories: Business

Vedanta Plans Asset Monetisation Through New Property Arm

by nanikaJune 25, 2026June 25, 2026

Vedanta Ltd has announced its entry into the real estate sector through the incorporation of a wholly owned subsidiary, Vedanta…

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Axis Bank Raises $800 Million Through Dual-Tranche Dollar Bond Issue
Categories: Banking

Axis Bank Raises $800 Million Through Dual-Tranche Dollar Bond Issue

by nanikaJune 24, 2026June 24, 2026

Axis Bank has successfully raised $800 million through a dual-tranche US dollar bond issuance under its Global Medium Term Note…

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Oracle Restructures Operations, Eliminates Thousands of Jobs Globally
Categories: Business

Oracle Restructures Operations, Eliminates Thousands of Jobs Globally

by nanikaJune 23, 2026June 23, 2026

Oracle Corporation has reduced its global workforce by approximately 21,000 employees over the past 12 months, a larger reduction than…

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Reliance Jio Eyes Major IPO, Signals New Era for Telecom Industry
Categories: Business

Reliance Jio Eyes Major IPO, Signals New Era for Telecom Industry

by nanikaJune 22, 2026June 22, 2026

Jio Platforms Ltd (JPL), the Reliance Industries-controlled digital and telecom arm, is preparing for a public listing in what could…

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Jio Platforms sets stage for ₹9.5-trillion valuation market debut
Categories: Business

Jio Platforms sets stage for ₹9.5-trillion valuation market debut

by nanikaJune 20, 2026June 20, 2026

Jio Platforms has filed its draft red herring prospectus (DRHP) for what is set to become India’s largest-ever initial public…

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L’Oréal Strengthens India Portfolio with Majority Stake in Innovist
Categories: Business

L’Oréal Strengthens India Portfolio with Majority Stake in Innovist

by nanikaJune 19, 2026June 19, 2026

L’Oréal has announced that it has signed an agreement to acquire a majority stake in Innovist, an Indian direct-to-consumer (D2C)…

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HDFC Bank Completes $750 Million GIFT City Bond Sale at 5.067% Coupon
Categories: Banking

HDFC Bank Completes $750 Million GIFT City Bond Sale at 5.067% Coupon

by nanikaJune 17, 2026June 17, 2026

HDFC Bank, India’s largest private-sector lender, has raised $750 million through a five-year senior unsecured bond issue via its International…

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SBI, BoB Lead Rise in Green Deposits Under RBI Sustainability Framework
Categories: Banking

SBI, BoB Lead Rise in Green Deposits Under RBI Sustainability Framework

by nanikaJune 16, 2026June 16, 2026

State-owned banks in India recorded a sharp rise in green deposit mobilisation in FY26, reflecting growing depositor awareness and the…

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