Financial Press Releases
Official announcements from banks, regulators, AMCs, insurers and listed companies — RBI, SEBI, IPOs, results and more.
NXG Cushing Midstream Energy Fund to Change Name, Policies from Dec 18, 2026
The NXG Cushing® Midstream Energy Fund, a US-listed investment vehicle (NYSE: SRV), announced on October 16, 2026, that its Board of Trustees has approved a name change and revisions to its non-fundamental investment policies. These changes are slated to become effective on December 18, 2026, though specific details of the new name and policy adjustments were not disclosed in the initial announcement.
7h ago
Persistent Systems Q2 FY27 Revenue Soars 20% to $487.6M, Acquires Nagarro Stake
Persistent Systems reported strong Q2 FY2027 financial results, with revenue reaching $487.6 million, an impressive 20% increase year-on-year. Simultaneously, the company confirmed its acquisition of approximately 94.04% of Nagarro's share capital and voting rights, marking a significant strategic expansion.
1d ago
Paras Healthcare IPO: Price Band Set at ₹660-693; Issue Opens October 21
Hospital chain Paras Healthcare has announced a price band of ₹660 to ₹693 per share for its upcoming ₹1,450 crore initial public offering. The issue opens for public subscription on October 21, 2024, to fund expansion and debt repayment.
1d ago
3iQ Middle East Secures Preliminary Regulatory Approval in Abu Dhabi for Digital Assets
3iQ Middle East Ltd, the UAE-based sister company of global digital asset firm 3iQ Corp, announced on October 12, 2026, that it has received preliminary regulatory approval from the International Financial Centre (IFC) in Abu Dhabi. This approval allows the company to operate and offer digital asset investment solutions within the region.
4d ago
USCF to Close and Liquidate Select US Exchange-Traded Products
USCF, a US-based provider of exchange-traded products (ETPs), announced on October 9, 2026, its decision to close and liquidate certain products. This move follows an approval by the Board of Trustees of USCF ETF Trust.
7d ago
PenFed Credit Union Debuts Defender Rewards Visa Card for Military Personnel
US-based PenFed Credit Union has launched the Defender Rewards Visa Signature Card, specifically designed for military members. The card offers enhanced reward points on high-spend categories and exclusive benefits for the defense community.
8d ago
Synera Funds Launches New Actively Managed Japanese Equities ETF
Synera Funds has launched the Synera Funds Takumi+ ETF (SMTJ) on NYSE Arca, offering Indian investors an actively managed approach to Japanese equities. The ETF aims for capital appreciation by investing in Japanese companies.
9d ago
Prophix and PwC Belgium Partner for Automated Financial Management on October 7, 2026
On October 7, 2026, Prophix, a global leader in financial performance management, announced a strategic collaboration with PwC Belgium. This partnership aims to automate and scale essential financial functions such as budgeting, planning, reporting, consolidation, and closing for their respective clients.
10d ago
US Fintech Rain Seeks Federal Charter for Regulated Stablecoin Services
US-based fintech firm Rain has applied to the Office of the Comptroller of the Currency (OCC) to establish a national trust bank. This proposed bank aims to bring stablecoin custody, reserve management, and issuance/redemption under direct federal supervision. The move signifies a growing global trend towards integrating digital assets into traditional regulated financial systems.
11d ago
Freshworks to Join S&P SmallCap 600 Index from October 8, 2026
Freshworks Inc., the Indian-origin software company listed on Nasdaq, is set to be included in the S&P SmallCap 600 index. This change will take effect before market opening on Thursday, October 8, 2026. Freshworks will replace BioLife Solutions Inc., which is undergoing an acquisition.
11d ago
TORM plc Shareholder OCM Njord Holdings Sells 6.3 Million Class A Shares on NASDAQ
TORM plc, a company listed on the NASDAQ exchange, announced on October 5, 2026, the commencement of a secondary public offering involving 6,329,874 of its Class A common shares. These shares are being sold by an existing investor, OCM Njord Holdings S.à r.l., meaning the company itself will not receive any proceeds from this sale.
11d ago
Vishal Nirmiti IPO Grey Market Premium Rises to ₹20, Indicating 9.09% Listing Gain
The initial public offering (IPO) of Vishal Nirmiti is currently trading at a grey market premium (GMP) of ₹20, representing a 9.09% premium over its upper price band. This suggests that investors anticipate a positive listing for the company's shares.
11d ago
America First Credit Union Launches Exclusive Vegas Golden Knights Visa Debit Card
America First Credit Union has partnered with the Vegas Golden Knights to launch a co-branded Visa debit card celebrating the team's 10th anniversary. The card offers fans exclusive benefits and a unique design as part of an expanded long-term partnership.
15d ago
Sigo Seguros Launches Commercial Auto Insurance for Texas Small Businesses on September 30, 2026
Sigo Seguros, a licensed insurance agency, is set to launch new commercial auto insurance services in Texas on September 30, 2026. The offering is specifically designed to assist contractors, delivery drivers, and small fleet owners, particularly targeting Hispanic and working-class business owners.
16d ago
OpenText Completes $300 Million Cash Tender Offer for Shares
Canadian software firm OpenText Corporation announced the pricing and final results of its previously launched cash tender offer. The company repurchased up to $300 million (approximately ₹2,500 crore) of its common shares as of September 30, 2026, marking a significant corporate action.
16d ago
SpendHQ Launches AI-Powered 'Savings Radar' to Automate Procurement Cost-Cutting
SpendHQ has introduced Savings Radar, an AI-driven tool designed to help procurement teams identify and capture hidden cost-saving opportunities. The platform integrates company data with procurement expertise to provide actionable insights for corporate financial management.
16d ago
US SPAC Spark I Acquisition Adds $0.10 Per Share to Trust Account for Extension
US-based Spark I Acquisition Corporation, a special purpose acquisition company (SPAC), announced on September 29, 2026, that it will deposit an additional $0.10 per share into its trust account. This move is intended to extend the deadline for the company to finalize a merger or acquisition with a target firm, signaling its ongoing search for a suitable business combination.
17d ago
RBI Sells ₹25,000 Crore Government Bonds in Oversubscribed OMO Auction
The Reserve Bank of India (RBI) successfully sold ₹25,000 crore worth of government securities in an Open Market Operation (OMO) auction held on September 28, 2026. The auction saw substantial demand, attracting bids totaling ₹67,655 crore, significantly exceeding the notified amount.
18d ago
HRV Pharma Eyes IPO in H1 2027, Forecasts ₹1,000 Crore Revenue by FY28
Virtual pharmaceutical API firm HRV Pharma is preparing for its Initial Public Offering (IPO), with its draft red herring prospectus (DRHP) expected in the first half of 2027. CEO Hari Kiran Chereddi forecasts the company will achieve ₹1,000 crore in revenue by the financial year 2028.
21d ago
John Hancock Closed-End Funds Announce February 2027 Annual Shareholder Meeting
Nine John Hancock closed-end funds have scheduled their Annual Meeting of Shareholders for February 16, 2027, in Boston, USA. This announcement, made on September 25, 2026, primarily concerns investors in these specific US-domiciled funds and has limited direct relevance for most Indian retail investors.
21d ago
AllianceBernstein Municipal Income Fund Announces Q3 Earnings for July 2026 Quarter
AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB), a US-based closed-end investment company, announced its third fiscal quarter earnings for the period ending July 31, 2026, on September 25, 2026. The official announcement, however, did not provide specific financial figures for total net assets or detailed earnings per share in the shared information.
21d ago
HRV Pharma Eyes IPO by H1 2027, Plans Revenue of ₹1,000 Crore
Virtual pharma firm HRV Pharma is gearing up for an Initial Public Offering (IPO), with its Draft Red Herring Prospectus (DRHP) expected in the first half of 2027. The company aims to achieve ₹1,000 crore in revenue by FY28.
21d ago
Snapdeal Parent AceVector Secures ₹189 Crore from Anchors; IPO Opens Sep 25 at ₹30-32
AceVector, the parent company of e-commerce platform Snapdeal, has successfully raised ₹189 crore from anchor investors ahead of its Initial Public Offering (IPO). The IPO is scheduled to open for public subscription on September 25, with shares priced in a band of ₹30-32 each.
22d ago
KLX Energy Services Adopts Stockholder Rights Plan to Ward Off Investor
KLX Energy Services Holdings, Inc. (NASDAQ: KLXE) has announced the adoption of a limited-duration stockholder rights plan as a defensive measure. The company's board took this action on September 23, 2026, to protect shareholder interests amidst a new investor's rapid accumulation of its stock.
23d ago
US Homebuilder Lennar Declares $0.50 Quarterly Dividend, Payable Oct 22, 2026
Lennar Corporation, a leading American homebuilder, has announced a quarterly cash dividend of $0.50 per share for both its Class A and Class B common stock. This dividend is scheduled to be paid out on October 22, 2026, to eligible shareholders, signaling the company's ongoing commitment to returning value to investors.
23d ago
Veralto Board Approves $0.13 Quarterly Cash Dividend for Shareholders
Veralto, a global leader in water and product quality solutions, announced on September 23, 2026, that its board of directors has approved a quarterly cash dividend of $0.13 per share. This dividend distribution reflects a portion of the company's profits to its shareholders, impacting investors holding Veralto's US-listed shares.
23d agoPeople Inc. Withdraws Proposal to Acquire MGM Resorts Public Shares
People Incorporated (NASDAQ: PPLI) announced on September 23, 2026, its decision to withdraw its proposal to purchase all public shares of MGM Resorts International. This development means the proposed acquisition, which aimed to take MGM Resorts private, will not proceed, impacting investors tracking both companies in the US market.
23d ago
Global Alternatives Industry Body IPA Appoints 2027 Board, Signals Future Trends
The Institute for Portfolio Alternatives (IPA), a key global body for the alternative investments sector, announced its 2027 Board of Directors on September 23, 2026. This new leadership, including 14 newly elected members, highlights the ongoing expansion and evolution within the non-traditional investment industry worldwide.
23d agoCohen & Steers US Closed-End Funds Announce Monthly Distributions for Q4 2026
The Board of Directors for Cohen & Steers Closed-End Funds announced on September 22, 2026, the monthly distributions for October, November, and December 2026. This regular declaration applies to their US-based closed-end investment vehicles.
24d ago
OsakaAgents.com Launches Free Housing Service for Foreigners in Japan
OsakaAgents.com introduced a new free online service on September 22, 2026, designed to help foreigners rent, buy, and sell real estate in Osaka, Japan. This platform aims to simplify property transactions for international residents on extended stays. The initiative addresses challenges faced by non-Japanese individuals seeking mid- to long-term accommodation.
24d ago
J.P. Morgan Payments & Thunes Partner for Faster Global Payouts by 2026
J.P. Morgan Payments is expanding its collaboration with global payments network Thunes to accelerate international payouts through its "Xpedite Remit" solution. This enhancement, set to be fully operational by September 2026, aims to enable faster money transfers to bank accounts and mobile wallets across over 100 payment corridors worldwide.
24d ago
US Bank Parke Bancorp Declares $0.20 Per Share Cash Dividend
Parke Bancorp, Inc., a US-based banking company, has announced a cash dividend of $0.20 per share. This payment is scheduled for October 16, 2026, for shareholders who are on record by October 2, 2026. Such declarations provide income to investors holding shares in the company.
24d ago
Nutex Health Secures Approval for Dual Listing on Nasdaq Texas Exchange
US-based healthcare services firm Nutex Health Inc. announced on September 22, 2026, it has received approval to dual-list its common stock on Nasdaq Texas. The physician-led company, which operates 28 facilities, already trades on Nasdaq under the ticker NUTX.
24d ago
Sun Life to Redeem ₹4,150 Crore Debentures on September 21, 2026
Sun Life Financial Inc. announced its plan to redeem all outstanding Series 2021-1 Subordinated Unsecured Debentures, worth approximately ₹4,150 crore ($500 million), on September 21, 2026. This action means the company will pay back the principal amount to the debenture holders. The debentures carry a 2.46% fixed/floating interest rate.
25d ago
Flexent Reports ₹116 Crore in Q2 2026 Funding Growth for US Businesses
US-based Flexent, a national provider of invoice factoring and asset-based lending, has announced over ₹116.2 crore ($14 million) in funding during the second quarter of 2026. This financial support was extended to companies across various sectors, including manufacturing, IT consulting, healthcare transportation, logistics, and wholesale distribution nationwide.
25d ago
Pomerantz Law Firm Investigates NuScale Power (SMR) Over Investor Claims
Pomerantz LLP, a prominent U.S. law firm, has launched an investigation into NuScale Power Corporation (NYSE: SMR) on behalf of its investors. The probe, announced on September 17, 2026, focuses on unspecified claims made by shareholders of the nuclear technology company.
27d agoCleanSpark Subsidiary Prices ₹189 Billion Senior Secured Notes at 7.875%
CleanSpark Inc.'s subsidiary, CSDC Finance I, LLC, has priced a ₹189 billion (approximately $2.276 billion) offering of senior secured notes with a fixed interest rate of 7.875%. This significant debt issuance, announced on September 18, 2026, aims to secure capital for the US-based data center developer.
28d ago
Lument Finance Trust Suspends Common Stock Dividend, Declares Preferred for Q3 2026
On September 18, 2026, Lument Finance Trust (LFT), a US-based real estate finance company, announced the suspension of its quarterly dividend on common stock, effective from the third quarter. The company also declared its third-quarter dividend for preferred stockholders on the same date.
28d agoUAE Police Arrest Money Laundering Gang Leader in Joint Operation with Sweden
UAE police, in coordination with Swedish authorities, arrested a money laundering gang leader in Abu Dhabi on September 19, 2026. This joint operation highlights international efforts to combat cross-border organized financial crime. Specific details about the individual or the scale of the operations are not yet available.
28d agoUAE Police Arrest Money Laundering Network Head in Joint International Operation
UAE police, in coordination with international authorities, arrested the head of a major money laundering network in Abu Dhabi on September 19, 2026. This joint operation highlights intensified global efforts against transnational financial crime and protecting the integrity of financial systems worldwide.
28d agoHaymaker Acquisition Corp V Raises $287.5 Million in US IPO Closing
Haymaker Acquisition Corp V, a U.S.-based Special Purpose Acquisition Company (SPAC), announced the successful closing of its Initial Public Offering (IPO) on September 18, 2026. The company raised $287.5 million by issuing 28.75 million units, including the full exercise of an over-allotment option by its underwriters.
28d ago
M&T Bank to Announce Third Quarter 2026 Earnings on October 16
M&T Bank Corporation, a prominent U.S. financial institution, will release its third-quarter 2026 earnings results before market opening on Friday, October 16, 2026. Following the announcement, the bank will host a conference call to discuss its financial performance.
28d ago
Crypto Options Approach 50% of Bitcoin Derivatives Market; Bybit Leads Ether, Gold Trading
A new report by Glassnode and Bybit highlights a significant shift in crypto markets, with options now accounting for nearly half of the Bitcoin derivatives volume. Trading platform Bybit is a key player in this evolution, notably leading in tracked Ether options for 143 consecutive days and tokenized gold perpetuals for 476 days.
29d ago
Pomerantz LLP Investigates The Children's Place (PLCE) for Investor Claims
Pomerantz LLP, a US-based law firm, has launched an investigation into The Children's Place, Inc. (NASDAQ: PLCE) on behalf of its investors. The probe, announced on September 17, 2026, focuses on potential securities fraud or other unlawful business practices. Investors who believe they have suffered losses are advised to contact the firm.
29d ago
US Law Firm Pomerantz Investigates Corning Inc. for Investor Claims
Pomerantz LLP, a US-based law firm, announced on September 17, 2026, that it is investigating potential claims on behalf of investors of Corning Incorporated (NASDAQ: COO). The firm advises affected investors to contact them to discuss their options regarding the investigation.
29d ago
Doximity (DOCS) Class Action Lawsuit Filed: Investors Alerted to September 17 Deadline
Pomerantz LLP has filed a class-action lawsuit against Doximity, Inc. (NYSE: DOCS), a US healthcare technology company, on behalf of investors who incurred losses. The firm is reminding affected shareholders that September 17, 2026, is the deadline to potentially be appointed as lead plaintiff in the legal proceedings.
29d ago
AML RightSource Honored with CobraSight Award for Digital Asset Compliance Expertise
AML RightSource has received the prestigious CobraSight award, recognizing its strong capabilities in digital asset regulatory compliance. This industry acknowledgment highlights the critical role of robust compliance frameworks in the evolving cryptocurrency and digital asset landscape. The award underscores the global emphasis on preventing illicit activities within this sector.
29d ago
M&T Bank Raises US Prime Lending Rate to 7.00% Effective September 17, 2026
M&T Bank Corporation, a prominent US financial holding company, announced an increase in its prime lending rate from 6.75% to 7.00%, effective Thursday, September 17, 2026. This move directly impacts borrowing costs for businesses and consumers in the United States, reflecting broader monetary policy trends.
30d ago