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WestBridge-backed Star Health sues Telegram, chatbot hacker after data leakage

TMT

26 September, 2024

WestBridge-backed Star Health sues Telegram, chatbot hacker after data leakage

Top Indian insurer Star Health has sued Telegram and a self-styled hacker after Reuters reported that the hacker was using ......

IIFL looks to raise $1.2 bn in debt amid RBI ban

Finance

24 September, 2024

IIFL looks to raise $1.2 bn in debt amid RBI ban

India's IIFL Finance plans to raise 100 billion rupees($1.20 billion) via debt in the next six months and diversify both ......

International Finance Corporation's investments hit a record at $56 bn

Finance

24 September, 2024

International Finance Corporation's investments hit a record at $56 bn

Investments from the World Bank's private investment arm hit a record $56 billion in its financial year to end-June, the ......

SEBI investigating six investment banks over handling of small IPOs

Markets

24 September, 2024

SEBI investigating six investment banks over handling of small IPOs

India's securities regulator, worried about malpractice in a frothy IPO market, is investigating six domestic investment banks that have worked ......

SEBI says retail derivatives traders lost $21.7 bn in three years

Finance

23 September, 2024

SEBI says retail derivatives traders lost $21.7 bn in three years

Indian retail traders made net losses totalling 1.81 trillion rupees ($21.67 billion) in futures and options trading in the three ......

Brookfield-backed Leela hotels owner Schloss files for $599 mn IPO

Infrastructure

23 September, 2024

Brookfield-backed Leela hotels owner Schloss files for $599 mn IPO

Schloss Bangalore, owner of Indian luxury hotel chain 'The Leela', has filed for a 50 billion rupee ($599 million) IPO on ......

HDFC Bank unit HDB Financial Services to raise $299 mn via IPO

Finance

20 September, 2024

HDFC Bank unit HDB Financial Services to raise $299 mn via IPO

India's HDB Financial Services, a unit of HDFC Bank HDBK.NS, has approved raising 25 billion rupees ($299 million) through a fresh issue of ......

Sensex, Nifty hit record high, log weekly gains on US rate cut euphoria

Markets

20 September, 2024

Sensex, Nifty hit record high, log weekly gains on US rate cut euphoria

Indian shares surged to record highs and registered weekly gains on Friday, as an outsized interest rate cut by the ......

Hacker uses Telegram chatbots to leak data of PE-backed insurer Star Health

Finance

20 September, 2024

Hacker uses Telegram chatbots to leak data of PE-backed insurer Star Health

Stolen customer data including medical reports from India's biggest health insurer, Star Health, is publicly accessible via chatbots on Telegram, ......

Fed rate cut lifts Sensex, Nifty to record high

Markets

19 September, 2024

Fed rate cut lifts Sensex, Nifty to record high

Indian shares climbed to a record high on Thursday, buoyed by expectations of a rise in foreign inflows after the ......