The Securities and Exchange Board of India (SEBI) has exposed a major case of corporate fraud involving Kalahridhaan Trendz Ltd (KTL) and Akshar Spintex Ltd (ASL). Both companies allegedly used a non-existent entity, Beximcorp Textiles, to announce f

Maxvolt Energy Industries Limited is launching its Initial Public Offering (IPO), presenting a book-built issue aggregating to ₹54.00 crore. The IPO combines a fresh issue of 24.00 lakh shares (₹43.20 crore) and an offer for sale of 6.00 lakh sha

The United States is expected to increase coal exports to India following China's decision to impose tariffs on energy imports from the U.S., according to five industry officials. This shift could potentially reduce the market shares of Australia and

PS Raj Steels Limited is launching its Initial Public Offering (IPO), presenting a book-built issue aggregating to ₹28.28 crore. The IPO consists entirely of a fresh issue of 20.20 lakh shares. PS Raj Steels IPO opens for subscription on F

IndusInd International Holdings Limited (IIHL) is set to complete the acquisition of Anil Ambani’s debt-ridden Reliance Capital by February 26, 2025, after receiving approval from the National Company Law Tribunal (NCLT), according to a report.

In a dramatic turn of events, the Securities and Exchange Board of India (SEBI) has imposed a ban on LS Industries and several related entities following an investigation into suspicious stock price movements and a potential violation of the Foreign

The Indian rupee staged its biggest rally in over two years on February 11, recovering by 21 paise to reclaim the 87 per dollar mark after touching a record low of 87.9563 in the previous session. The sharp appreciation, which made the rupee Asia’s

Eleganz Interiors' initial public offering (IPO) has garnered exceptional investor interest over the three-day subscription period. The IPO demonstrated remarkable growth in demand, with subscription rates progressing steadily from 1.34 times on day

Chamunda Electricals Limited, a specialized electrical substation operations and maintenance service provider operating since 2013, made a strong entry into the public markets on Tuesday, February 11, 2025. The company, which provides services for su

Gold prices in India have climbed further on 11th February 2025, maintaining the strong upward momentum seen in recent weeks. After surpassing the ₹8,700 mark yesterday, gold prices are now inching closer to ₹8,800 per gram. The current rate for

The Indian stock markets continued their downward trend on February 11, with the Sensex and Nifty closing in the red for the fifth consecutive session. Investor sentiment remained weak as global uncertainties, escalating trade tensions, and weak dome

Angel One Mutual Fund has launched the Angel One Nifty Total Market Index Fund – Direct (G), an open-ended fund designed to replicate the performance of the Nifty Total Market Index. The scheme aims to deliver returns before expenses that tra