Geopolitical tensions and trade concerns are impacting hiring and consumer spending, particularly in the mass-market jewellery segment. Fluctuating gold prices have dampened demand in the sub-Rs 1 lakh category, while premium segments r ...more

Allianz and Jio Financial Services are partnering for reinsurance in India. The 50:50 venture aims to deepen their presence. They also plan potential ventures in life and general insurance. This follows Allianz's exit from its Bajaj Fin ...more

Reliance Retail has fully acquired the Kelvinator brand in India from Electrolux, aiming to strengthen its position in the competitive home appliances market. This acquisition, following a licensing agreement since 2019, allows Reliance ...more

SEBI is considering changes to scheme categorization, potentially allowing sectoral debt funds and investments in REITs and InvITs. The regulator is also exploring solution-oriented life cycle fund of funds with lock-in periods for goal ...more

Reliance Industries reported a 76% surge in quarterly profit, reaching Rs 30,681 crore, driven by gains from stake sales and robust growth across its O2C, retail, and digital services. Jio's strong performance, with an ARPU of Rs 209 an ...more

Plan joint general and life insurance companies in the country 

Chevron has finalized its $53 billion acquisition of Hess Corp, gaining a significant stake in Guyana's lucrative Stabroek Block after an International Chamber of Commerce ruling. This acquisition, which includes Hess's 30% share in the ...more