Business

Madhusudan Kela Builds Stake in Aptech Amid Strong Earnings Momentum

Veteran Indian investor Madhusudan Kela has acquired a 1.1% stake in vocational training firm Aptech, valued at Rs 53 million as of the March 2026 shareholding pattern. This fresh position marks his

Aditya Birla Capital Sells 14.3% Stake in Housing Finance Arm to Advent Entity for Rs 2,750 Crore

Aditya Birla Capital offloaded a 14.3% stake in its housing finance subsidiary, Aditya Birla Housing Finance Limited (ABHFL), to Indriya Limited for Rs 2,750 crore on April 17. The transaction

Paytm Crosses into Majority Indian Ownership as Domestic Investors Raise Stakes

For the first time, One 97 Communications — the parent company of Paytm — is majority owned by domestic investors, with their combined shareholding reaching 50.3% as of March-end 2026. The

Paytm Crosses Into Majority Indian Ownership as Domestic Investors Raise Stake

For the first time in its history, One 97 Communications — the parent company behind the Paytm brand — is majority owned by domestic investors, with Indian shareholding reaching 50.3% as of

Nacha Rules and File Formats Explained: Master ACH Processing, Reversal Rules, and National Automated Clearing House Standards

In 2023, the National Automated Clearing House network processed 31.5 billion payments worth $80.1 trillion, all under the strict governance of Nacha rules. These regulations ensure secure, efficient