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The Microfinance Industry Network (MFIN), a self-regulatory organization for the microfinance sector, has announced the postponement of its plan to cap the number of lenders per borrower. Initially scheduled for an earlier implementation, the cap wil
Mercury Ev-Tech shares witnessed a notable surge of over 5 on January 2, 2025, hitting the upper circuit at ₹99.26 during Thursday's trading session. This rally comes in the wake of the company’s announcement regarding a strategic acquisition of
RailTel Corporation of India, a leading telecommunications infrastructure provider, witnessed a 2 increase in its share price during early trading hours on January 2. The surge followed the announcement of a significant work order from Bharat Coking
The Securities and Exchange Board of India (SEBI) has introduced a new compliance framework for listed companies, incorporating an integrated filing system for governance and financial disclosures. This framework is set to become effective for filing
As the new year kicks off, gold prices in India today continue to climb, maintaining the upward momentum observed yesterday. As of 12:14 PM on Thursday, January 2, 2025, the price of 24K gold stands at ₹7,833 per gram, while 22K gold is priced at �
Benchmark indices Nifty and Sensex continued their upward momentum for a second consecutive day on January 2, driven by gains in the auto, IT, and banking sectors. However, metal and real estate stocks began the session on a weaker note. As of 11
Anya Polytech & Fertilizers Limited, a manufacturer of HDPE/PP bags and zinc sulphate fertilizers operating since 2011, marked a strong entry into the public markets on Thursday, 2nd January 2025. The company, which has established itself with a
Nilesh Shah, Managing Director of Kotak Mahindra AMC, emphasized in an interview with Moneycontrol that 2025 presents several challenges that could hinder economic growth. He pointed to global issues such as heightened geopolitical tensions, the seco
Investors in select schemes of the former Reliance Mutual Fund, now rebranded as Nippon Life India Mutual Fund, reportedly faced collective losses amounting to nearly ₹1,830 crore due to the fund’s decision to invest in Yes Bank’s Additional Ti
Shares of Power Mech Projects experienced a notable increase of over 5 on January 1, following the announcement of a new order valued at ₹294 crore from Adani Power. This domestic contract encompasses overhauling services, condition assessments, a
The UTI Quant Fund, an open-ended equity strategy with a quantitative investment focus, has been introduced by UTI Mutual Fund. Beginning on January 24, 2025, there will be ongoing sales and repurchases of the New Fund Offer (NFO), which will commenc
Anthem BioScience Ltd. has recently filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise ₹3,395 crore through an initial public offering (IPO). The IPO is structured exclusively as an offer f
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