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HDB Financial IPO at half of grey market price level

Financial Express Pune

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June 21, 2025

IN A DEVELOPMENT that caught investors by surprise, HDB Financial Services on Friday fixed its IPO price band at ₹700-740 per share, a steep 42% markdown from its current grey market valuation.

- NESIL STANEY

The 52-week high of the stock in the parallel market was an astounding ₹1,550. The 52-week high of the stock in the parallel market was an astounding ₹1,550.

FLERE HISTORIER FRA Financial Express Pune

Financial Express Pune

MF industry’s Dec outflow at ₹66,591 cr

THE INDIAN MUTUAL fund industry saw outflows of ₹66,591 crore in December due to withdrawals of ₹1.32 lakh crore from debt schemes and a 6.2% decline in inflows into equity schemes.

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2 mins

January 10, 2026

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Pick. Drop. Repeat

GIG WORKERS ARE OFTEN AT THE MERCY OF ALGORITHMIC MANAGEMENT PRACTICES THAT EXHIBIT BIAS AND NEGATIVELY IMPACT THEIR EARNINGS

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3 mins

January 10, 2026

Financial Express Pune

RIL may offload 2.5% in Jio, net ₹40K cr

RIL may offload 2.5% in Jio, net ₹40K cr

time to read

1 min

January 10, 2026

Financial Express Pune

Demat account growth in 2025 lowest in six years

THE TOTAL NUMBER of demat accounts stood at a record 215.93 million at the end of 2025, data from CDSL and NSDL showed.

time to read

1 min

January 10, 2026

Financial Express Pune

The D2C wave

SCALE, TRUST, DISTRIBUTION PAIRED WITH DIGITALAGILITY UNLOCK A MORE COMPETITIVE AND CREATIVE INDUSTRY

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4 mins

January 10, 2026

Financial Express Pune

Major reforms expected in customs procedures

AS FINANCE MINISTER Nirmala Sitharaman is set to present the Union Budget for FY27 in Parliament on February 1, industry stakeholders and tax experts are expecting significant reforms in the customs procedures, particularly the simplification of the special valuation branch (SVB) process.

time to read

1 mins

January 10, 2026

Financial Express Pune

RBI guv: Regulators and regulated are in the same team

RESERVE BANK OF India (RBI) governor Sanjay Malhotra on Friday said digitalisation is transforming the financial system, demanding agility and collaboration in regulation and supervision.

time to read

1 min

January 10, 2026

Financial Express Pune

China to roll out package of policies

CHINA'S CABINET HELD a meeting on Friday about implementing a package of fiscal and financial policies to boost domestic demand, including initiatives to spur household consumption, state broadcaster CCTV reported.

time to read

1 min

January 10, 2026

Financial Express Pune

Bain’s Manappuram deal faces delay as RBI objects

SEBI, COMPETITION COMMISSION HAVE ACCORDED APPROVALS

time to read

1 min

January 10, 2026

Financial Express Pune

US job growth slows in December

US JOB GROWTH slowed more than expected in December amid business caution about hiring because of import tariffs and rising artificial intelligence investment, but the unemployment rate dipped to 4.4%, supporting expectations the Federal Reserve would leave interest rates unchanged this month.

time to read

1 min

January 10, 2026

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