Shares of Eternal Ltd. and Swiggy Ltd. have come under sustained selling pressure as global e-commerce companies step up investments in India’s fast-growing quick commerce segment. According to Bloomberg, intensifying competition from Amazon.com In
Global investors have stepped up purchases of Indian government securities after the Centre announced tax incentives and eased investment norms for foreign investors, strengthening demand for the country’s debt market and supporting the rupee. A
Kotak Mahindra Bank shares declined more than 3 in early trade on June 29 after the private sector lender informed exchanges that Managing Director and Chief Executive Officer Ashok Vaswani will not seek reappointment after the completion of his cur
In June, there was an abrupt increase in FPI debt investments through the Fully Accessible Route (FAR), and June has witnessed the highest level of debt investment through FAR in 15 months. FPIs invested $2.2 billion in government bonds under the
The primary market is set for another busy week, with 11 companies opening their initial public offerings (IPOs) for subscription between June 29 and July 3, while 10 companies are scheduled to make their stock market debut. The upcoming IPOs are
Shares of Power Finance Corporation (PFC) and REC Ltd. traded lower in early deals on Monday after both state-owned lenders approved a merger scheme that will combine the two power sector financiers into a single entity with a loan book exceeding ₹
Turtlemint Fintech Solutions Ltd, incorporated in 2015 as a technology-enabled insurance distribution platform connecting customers, insurance advisors (Digital Partners), and insurers through phygital model being among the first to adopt Point-of-Sa
India has regained its position as the world’s fifth-largest equity market by market capitalisation, overtaking Taiwan and South Korea after both markets witnessed a sharp correction amid profit booking in technology and semiconductor stocks. In
The United States and Iran have agreed to halt military operations and restart diplomatic talks in Doha on Tuesday as both countries attempt to stabilise their fragile peace agreement following a fresh round of military exchanges. According to A
Anubhav Plast Ltd, incorporated in 1987 as a manufacturer of Electric Resistance Welding (ERW) steel pipes and tubes in round and square hollow sections as well as swaged steel tubular poles serving diverse sectors including electricity transmission
July is going to be an important month for taxpayers as several income tax-related compliances, including filing of ITRs, making TDS payments, and making quarterly statements, are to be done by the taxpayers during this month. Taxpayers need to en
The Indian rupee saw a slight strengthening to begin the day on June 29, helped by the stability in the price of crude oil amid heightened tension between the U.S. and Iran. The domestic currency opened at 94.35 against the U.S. dollar, gaining 5 pai
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