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Detailed stories on technology startups, business and economic current affairs.
HDFC Bank is set to dilute its stake in its NBFC arm as the RBI pushes for public listing and ownership restructuring.


While the filing for an IPO by its telecom and digital business was the highlight, Reliance laid out plans for its new energy and retail businesses, setting them up for eventual listings.
As India’s largest stock exchange heads to the public markets, it may need to rethink its excessive reliance on transaction revenue.
Aggressive expansion, continued dependence on its parent for business, and an adverse shift in the product mix weigh on profitability as well as investor sentiment.