The Securities and Exchange Board of India (SEBI) issued a cautionary notice to investment banking firm JM Financial for lapses in due diligence related to the initial public offering (IPO) of Western Carrier (India). In an administrative warning

The Kotak Nifty SmallCap 250 Index Fund – Direct (G), launched by Kotak Mahindra Mutual Fund, is an open-ended index fund aimed at tracking the performance of the Nifty SmallCap 250 Index. The scheme seeks to provide returns that closely correspond

On December 31, 2024, the Securities and Exchange Board of India (SEBI) announced the introduction of the Mutual Funds Lite (MF Lite) framework, specifically designed for passively managed mutual fund schemes. The MF Lite framework covers mutual f

Avax Apparels and Ornaments Limited is set to launch its Initial Public Offering (IPO), presenting a fixed-price issue of ₹1.92 crore. The IPO consists entirely of a fresh issue of 2.74 lakh shares at ₹70 per share. The IPO opens for subscription

On January 6, benchmark indices Nifty 50 and Sensex started the session on a positive note, buoyed by gains in the Consumer Durables and IT sectors, though public-sector bank stocks lagged behind. As of 9:15 am IST, the Sensex climbed 94.07 points

The Finance Ministry has approved a Production-Linked Incentive (PLI) scheme with an allocation of ₹25,000 crore for electronic components, according to a report by CNBC-TV18 citing sources familiar with the matter on January 6. Following this a

The gold rates in India today, January 6, remain unchanged from Sunday, January 5. The price for 22K gold stands steady at ₹7,215 per gram, while 24K gold is priced at ₹7,871 per gram, reflecting no fluctuations since yesterday. Cost o

Shares of Kotak Mahindra Bank declined by over 1 to ₹1,808 on January 6 following the resignation of a key senior executive. The bank’s Chief Operating Officer (COO) and Chief Technology Officer (CTO), Milind Nagnur, has stepped down, citing per

Indian Metals & Ferro Alloys (IMFA), a small-cap metal company, witnessed a significant surge of nearly 5 in early morning trade on Monday, January 6, after the December quarter (Q3) shareholding pattern revealed ace investor Dolly Khanna's stak

Shares of Suzlon Energy Ltd. are set to be in the spotlight during Monday's trading session following an Income Tax demand of ₹1.01 crore for the financial year 2016-17. The Ahmedabad Income Tax Department issued the demand, which relates to a pena

Stock exchange data has confirmed that a group of operators engaged in front-running trades involving the US-based investment firm Tiger Global’s shares in PB Fintech. The Securities and Exchange Board of India (SEBI), in its January 2 order, refer

B.R. Goyal Infrastructure Limited is set to launch its Initial Public Offering (IPO), presenting a book-built issue aggregating to ₹85.21 crore. The IPO consists entirely of a fresh issue of 63.12 lakh shares with a price band of ₹128-135 per sha