Articles for tag: financial services, subsidies, tax structures

Rajiv Sharma

5 Major Rule Changes from February 1 Impacting Middle-Class Finances, Budget to be Presented on the Same Day

5 Major Rule Changes from February 1 Impacting Middle-Class Finances, Budget to be Presented on the Same Day

Introduction As we usher in the month of February, significant changes are on the horizon that could impact the financial landscape for many citizens. On February 1, Finance Minister Nirmala Sitharaman will present the annual Union Budget, which is expected to introduce various policies and reforms. In addition to the budget announcements, there are also ...

Rajiv Sharma

Groww selects 5 bankers for IPO preparation

Groww selects 5 bankers for IPO preparation

In recent developments within the financial markets, the parent company of Grow has announced its plans to file draft documents for an initial public offering (IPO) by April to May. This strategic move aims to enhance its market presence and expand operations, with an intended listing on the stock exchange by December 2025. Overview of ...

Rajiv Sharma

HDB Financial Services IPO approved by board, HDFC Bank to sell shares worth ₹10,000 crore

HDB Financial Services IPO approved by board, HDFC Bank to sell shares worth ₹10,000 crore

On October 19, 2023, HDFC Bank has officially approved the Initial Public Offering (IPO) of its subsidiary, HDB Financial Services. This IPO aims to raise approximately ₹10,000 crore through the sale of shares, marking a significant milestone in the financial services sector. Understanding HDB Financial Services HDB Financial Services is a prominent player in the ...