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Fintech drives 53 percent of Q2 equity volume

The Statesman Bhubaneswar

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July 22, 2025

India's financial services sector witnessed a steady uptick in deal activity during the second quarter of 2025, led by a surge in private equity (PE) investments and a few high-value mergers and acquisitions (M&As), according to Grant Thornton Bharat's latest Financial Services Dealtracker report.

- STATESMAN NEWS SERVICE

A total of 79 deals worth USD 5.6 billion were recorded during the quarter, reflecting an 18 percent rise in volumes and a 5 percent increase in deal values over the previous quarter. The sector contributed 14 percent of overall deal volumes and 33 percent of deal values in the Indian market during Q2. As per the GT Bharat's report, the quarter saw 57 private equity (PE) and venture capital (VC) deals valued at USD 1.9 billion, with fintech accounting for over 53 percent of the volume.

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The Statesman Bhubaneswar

Sensex, Nifty extend winning streak for 6th day, led by IT stocks

Equity benchmark indices continued their upward momentum for the sixth consecutive session on Thursday, supported mainly by strong buying in IT stocks.

time to read

1 mins

October 24, 2025

The Statesman Bhubaneswar

SER to regulate trains to enable upgrade work at Shalimar

The South Eastern Railway has planned a yard remodelling and signalling upgrade at Shalimar.

time to read

1 mins

October 24, 2025

The Statesman Bhubaneswar

Bahutule replaces Joshi as Punjab Kings’ new spin bowling coach

IPL 2025 finalists Punjab Kingson Thursday announced the appointment of former India cricketer Sairaj Bahutule as the new spin bowling coach ahead of the 2026 season.

time to read

1 mins

October 24, 2025

The Statesman Bhubaneswar

PM Modi to attend 47th ASEAN summit virtually

Prime Minister Narendra Modi will not be travelling to Kuala Lumpur to attend the 47th ASEAN summit. Instead, he will be participating in the summit, as well as the 22nd ASEAN-India Summit on 26 October virtually.

time to read

1 mins

October 24, 2025

The Statesman Bhubaneswar

Beaten by police, Congress MP Parambil vows to take legal action

Beaten by Kerala Police while taking part in a protest meeting early this month at his Lok Sabhaconstituency in Vadakara, Congress MP Shafi Parambil on Thursday vowed that his legal fight would continue and that all evidence would be handed overto the Parliament's Privileges Committee.

time to read

1 mins

October 24, 2025

The Statesman Bhubaneswar

Path ahead for India’s EVs

The electric vehicle (EV) revolution is no longer a distant dream or just a government target - it’s happening right now and changing how the world moves.

time to read

5 mins

October 24, 2025

The Statesman Bhubaneswar

Lighting anti-colonial lamps

Amitav Ghosh, the renowned Indian writer, is visiting Korea this week to receive the 2025 Pak Kyongni Prize, sponsored by the Toji Cultural Foundation.

time to read

3 mins

October 24, 2025

The Statesman Bhubaneswar

Palakkad SP seeks Deputy SP’s explanation on his WhatsApp status criticising Prez’s Sabarimala visit

The District Superintendent of Police (SP) Palakkad has on Thursday issued a show-cause notice to the Alathur Deputy Superintendent of Police (Dy SP) R Manoj Kumar over a WhatsApp status update posted by him criticising President Draupadi Murmu’s visit to the Sabarimala temple on Wednesday.

time to read

1 mins

October 24, 2025

The Statesman Bhubaneswar

Srijani: A creative dance festival

Payal Dance Troupe, Bally staged its much-awaited creative dance fiesta, Srijani at Bally Rabindra Bhavan under the artistic direction and choreography of Mousumi Bhandari. A team of 103 performers enthralled a full auditorium with a vibrant showcase of Indian creative dance.

time to read

1 min

October 24, 2025

The Statesman Bhubaneswar

DAC clears acquisition of ₹79,000 cr worth of military equipment

The Defence Acquisition Council, under the chairmanship of Defence Minister Rajnath Singh, approved various proposals of the armed forces amounting to a total of about Rs 79,000 crore, during a meeting in South Block, here today.

time to read

1 min

October 24, 2025

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