Nuvama Asset Management Gets SEBI Approval to Launch Specialised Investment Fund Platform
The wealth management firm’s subsidiary plans to introduce Numa SIF, expanding its investment offerings under SEBI’s specialised investment framework. Nuvama Asset Management Limited, a wholly owned subsidiary of Nuvama Wealth Management, has received approval from the Securities and Exchange Board of India (SEBI) to establish and launch a Specialised Investment Fund (SIF). In a regulatory […]
Chandramohan Nallur’s India–Poland Business Leadership Comes Into Focus as Polish Prime Minister Visits India
Chandramohan Nallur, Vice President of the Indo-Polish Chamber of Commerce and Industry, represents the growing role of Indian entrepreneurs and diaspora leaders in building business connections between India and Poland. As India and Poland look to strengthen their bilateral engagement, the role of business leaders and diaspora communities in fostering commercial relationships and cross-cultural understanding […]
RBI Approves Merger of Emirates NBD’s Indian Branches with RBL Bank
The Reserve Bank of India (RBI) has approved the amalgamation of the Indian branches of Emirates NBD Bank P.J.S.C. with RBL Bank Limited, with the merger set to take effect from December 1, 2026. Following the amalgamation, all Indian branches of Emirates NBD will operate as branches of RBL Bank. The approval marks another step […]
Amardeep Sharma Honoured with Excellence in Banking and Finance Award in London
Amardeep Sharma, Founder and Chairman of Greenback Capital Limited, has received the Excellence in Banking and Finance award at the Indo-European Business Forum (IEBF) Awards 2026. The ceremony was held at the House of Lords in London on October 14, recognising his professional journey across banking, investment management and international financial services. <Cite refs={[“turn103776search0″,”turn103776search2”]}/> Sharma […]
Rahul Shukla Joins Axis Bank as Group Head of Commercial and Bharat Banking
Axis Bank has appointed Rahul Shukla as Group Head of Commercial and Bharat Banking, bringing an experienced banking professional into a leadership role overseeing two key business segments. His appointment marks a new chapter in his banking career, spanning more than three decades across corporate, commercial, investment and rural banking in India and international markets. […]
Ather Energy Enters Insurance Distribution with IRDAI Approval for Life, Health and General Policies
Ather Energy is expanding beyond electric two-wheelers into insurance distribution after receiving regulatory approval for its wholly owned subsidiary, Ather Insurance Limited. The Insurance Regulatory and Development Authority of India (IRDAI) granted the company a Certificate of Registration on October 15, 2026, allowing it to operate as a composite corporate agent for life, general and […]
GoKwik identifies four growth levers for D2C brands ahead of festive 2026
E-commerce enabler GoKwik has analysed 18 crore orders from the 2025 festive season to identify opportunities for direct-to-consumer (D2C) brands to improve conversions, reduce delivery returns and increase repeat purchases during this year’s festive period. The analysis draws on order data from GoKwik’s network of more than 220 million shoppers. It covers purchases made between […]
NABVENTURES to Invest ₹30–70 Crore in Agri and Rural Businesses
NABVENTURES, the venture capital arm of the National Bank for Agriculture and Rural Development (NABARD), plans to invest between ₹30 crore and ₹70 crore per company through its second fund, targeting growth-stage businesses operating across India’s agriculture and rural economy. The fund has completed its first close at ₹450 crore against a target corpus of […]
The Foundery Opens Applications for Cohort 2, Targets Building the Next Generation of Indian Consumer Brands
Founded by Kishore Biyani, Nikhil Kamath and Ronnie Screwvala, the venture builder will begin its second 90-day cohort on January 15, 2027, at its Alibaug-based Sanctum. The Foundery, a venture-building platform founded by entrepreneurs Kishore Biyani, Nikhil Kamath and Ronnie Screwvala, has opened applications for its second cohort, inviting aspiring entrepreneurs to build businesses from […]
IDBI Bank Deal Signals Growing Foreign Investor Interest in India’s Financial Sector; IIFL Finance and Shriram Finance in Focus
The Indian government’s approval of Fairfax Financial Holdings’ ₹52,878 crore acquisition of a 60.72% stake in IDBI Bank has brought renewed attention to foreign investment opportunities in India’s financial services industry. Blackstone is reportedly exploring an investment in IIFL Finance, while Japan’s MUFG is considering a path to majority control of Shriram Finance. India’s financial […]
