UTI Nifty India Manufacturing Index Fund - Direct (G) Sharwan Kumar Goyal and Ayush Jain, both seasoned professionals, have recently joined UTI Mutual Fund as Equity Fund Managers on January 28, 2025. Mr. Goyal, a B.Com graduate and CFA holder with a

In a significant move to curb grey market activities and enhance the transparency of the IPO process, the Securities and Exchange Board of India (SEBI) is developing a regulated trading mechanism to allow investors to sell shares immediately after al

SEBI-registered research analysts (RAs) are expressing their discontent with the latest compliance requirements, with some well-known professionals even announcing their decision to shut down operations. On January 8, the Securities and Exchange B

Gold prices in India saw a significant increase today, January 22, 2025, following a day of stability. Rates rose notably, with 22K gold priced at ₹7,525 per gram, marking a ₹75 increase, and 24K gold at ₹8,209 per gram, up by ₹86. These pric

Lumino Industries, an engineering, procurement, and construction (EPC) firm specializing in conductors, power cables, and power EPC projects, has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) t

Rikhav Securities Limited, a financial services company operating since 1995, marked its entry into the public markets on Wednesday, January 22, 2025. The company, which has established itself as a comprehensive financial services provider offering b

Kabra Jewels Limited, a retail jewelry company operating since 2010, marked its entry into the public markets on Wednesday, January 22, 2025. The company, which has established itself with six showrooms in Ahmedabad offering gold, diamond, and silver

The AXIS Nifty500 Momentum 50 Index Fund - Direct (G) is an open-ended mutual fund scheme offered by Axis Mutual Fund. It aims to replicate the performance of the Nifty500 Momentum 50 Total Return Index (TRI), providing investors with exposure to 50

To enhance transparency in disclosures by Asset Management Companies (AMCs) and facilitate better investor decision-making, SEBI issued a directive on Friday requiring mutual funds to disclose the information ratio (IR) of a scheme alongside its perf

The government will likely introduce a new income tax bill during the upcoming Budget session of Parliament. This significant development aims to simplify the existing Income Tax Act, 1961, by making it more concise, easier to understand, and user-fr

The market regulator has put forward a proposal to extend the cut-off timing for determining the applicable net asset value (NAV) for the redemption of units in mutual fund overnight schemes (MFOS) from the current 3 PM to 7 PM. This recommendatio

Online pharmacy leader PharmEasy is potentially gearing up for a return to the IPO market, two years after shelving its initial plans. According to the Economic Times, the company’s renewed strategy focuses on financial sustainability and a potenti