Adar Poonawalla to own Magma FinCorp via equity…

Adar Poonawalla controlled investment firm Rising Sun Holdings will buy a controlling stake in Magma Fincorp with an investment of Rs. 3,200 crore reflecting a gradual return of investor interest in non-banking finance companies, which…

HDFC Bank beats SBI in Covid-19 scheme loans

(This story originally appeared in on Feb 10, 2021)HDFC Bank has outdone (SBI) in disbursements under the Emergency Credit Line Guarantee Scheme (ECLGS) introduced by the government as a part of the Covid relief package.…

Outside the Box: Did you retire too soon?…

You retire awash with relief. You’re thrilled to kiss your working life goodbye. A few months pass, maybe a year. And your relief has turned to regret. You’re bored and restless. You yearn to return…

Biden says next stimulus checks will be $1,400.…

Douglas Sacha | Moment | Getty ImagesAs Washington lawmakers work to come to an agreement on a new coronavirus relief package, one key question has emerged: Will the next stimulus checks be $ 1,400?President Joe…

They went bust in the Great Recession. Now,…

Dan and Grace Porte lost their jobs at Target when the Covid pandemic began. The couple, in their mid-80s, had used the income to supplement Social Security.Dan and Grace PorteDan and Grace Porte worked together…

The Moneyist: My sister put our mother in…

Dear Moneyist, My sisters and I disagree on most things, but never could I have imagined how our relationship would end. My parents put me down as the trustee and power of attorney for both…