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AI-led productivity will keep US dollar strong; Fed likely on hold through 2026: Standard Chartered
Steven Englander, Managing Director - Global Head of G10 FX Research, and North American Macro Strategy at Standard Chartered Bank explains why structural factors, not the economic cycle, are driving the US dollar. He discusses the Fed's rate outlook, long-term interest rates, capital flows, emerging markets, India's rupee and what could trigger a sustained decline in the dollar.
Lumax Auto Technologies divests its 50% stake in JV Lumax Jopp Allied Technologies
Lumax Auto Technologies has completed the sale of its entire equity stake aggregating to 50% of the equity share capital of Lumax Jopp Allied Technologies, to Jopp Holding GmbH, Germany, the joint venture partner on 29 June 2026.
Genus Power shares fall 10% after ₹268 crore block deal; Sources say GIC likely seller
Chiswick Investment or GIC has a 15.11% stake in Genus Power at the end of the March quarter, while close to 1.6 lakh small retail shareholders, or those with authorised share capital of up to ₹2 lakh, have a 16% stake in the company.
OYO parent PRISM files updated IPO papers for ₹6,650 crore fresh issue
The proposed issue does not include an Offer for Sale (OFS), meaning none of the existing shareholders—including founder Ritesh Agarwal, SoftBank’s SVF India Holdings, Microsoft, Airbnb, Peak XV, Lightspeed, Khazanah and Greenoaks Capital—will sell shares as part of the IPO.
Who Is Puneet Sharma? The Banker Who Led Axis Bank's Citi Deal To Be HDFC Bank's New CFO
During his stint at Axis Bank, Sharma played a key role in several strategic initiatives, including the acquisition and integration of Citibank India's consumer business, capital raises that strengthened the bank's balance sheet, and increased investments in technology and digital banking.
Zerodha eyes foray into investment banking
India's leading retail broker, Zerodha, is making a significant move into investment banking. The company has applied to Sebi for a merchant banking license through its arm, Zerodha Corporate Advisors. This strategic expansion comes as the equity capital markets show strong potential, with experts noting ample room for new players possessing robust distribution and investor networks.
Zerodha eyes foray into investment banking
India's leading retail broker, Zerodha, is making a significant move into investment banking. The company has applied to Sebi for a merchant banking license through its arm, Zerodha Corporate Advisors. This strategic expansion comes as the equity capital markets show strong potential, with experts noting ample room for new players possessing robust distribution and investor networks.
HDFC Bank taps Axis' outgoing CFO Puneet Sharma as new finance chief
HDFC Bank has appointed Puneet Sharma as its new finance chief, following his resignation from Axis Bank. Sharma, who will officially become CFO on December 1, 2026, brings extensive experience from his previous roles at Tata Capital and Citibank. His departure from Axis Bank, where he served as Group Head and CFO since March 2020, was announced on June 28.
Microsoft shares head for worst month since 2000 as AI concerns wipe out $570 billion
Microsoft shares are heading for their worst month since 2000, falling 17% in June as concerns over heavy AI spending and delayed returns erased $570 billion in value. Weak Azure growth and high capital expenditure outlook weighed on sentiment, though some investors see value at lower valuations.
Yes Bank to raise up to $1.7 billion via equity, debt issue
Yes Bank is poised to raise up to ₹160 billion through a strategic mix of equity and debt offerings. The board has approved an equity issuance of as much as ₹75 billion alongside a debt issuance reaching ₹85 billion. This approach is designed to strengthen the bank’s capital framework while minimizing dilution for current shareholders and adhering to regulatory standards.
Strategy stock jumps 7% as firm shifts to active capital management - Investing.com India
Strategy stock jumps 7% as firm shifts to active capital managementInvesting.com India
AI isn't the biggest regulatory worry for Indian startups, data governance is: Survey
The study, based on a survey of 550 ecosystem participants, including 350 startups, 100 venture capital (VC) firms and 100 incubators, shows that 44% of respondents identified data governance and digital trust regulations as their primary regulatory concern.