India’s insurance sector witnessed a setback in FY24, with insurance penetration declining from 4 in FY23 to 3.7, according to the Insurance Regulatory and Development Authority of India’s (IRDAI) latest annual report. Despite robust efforts by
Shares of Aurionpro Solutions climbed by as much as 4.17 to reach ₹1,803.95 on the BSE during Tuesday’s intraday trade. The surge in Aurionpro share price followed the company’s entry into the European market through its acquisition of Fenixys
NACDAC Infrastructure Limited, a specialised construction and infrastructure company operating since 2012, marked a remarkable entry into the public markets on Tuesday, 24th December 2024. The company, which has completed 45 projects and established
On Monday, Jajoo Rashmi Refractories Ltd. filed preliminary documents with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). Jajoo Rashmi Refractories IPO will solely consist of a fresh issue worth up to ₹
Shares of Tata Investment Corporation (TICL) surged by 12 to ₹7,314 apiece on the NSE in early trade on Tuesday, December 12, amid reports that Tata Capital, a key subsidiary of the Tata Group, is preparing to launch a ₹15,000 crore IPO. The pro
Gold prices across India have witnessed a slight dip recently, reflecting a broader downward trend in the precious metal's value. On December 24, 2024, the gold rate continued to fluctuate, impacted by a range of factors, both domestic and internatio
The Union Budget 2025 is right around the corner, set for February 1—this time, on a Saturday. Normally, financial markets take the weekend off, but this year is different. The stock market will stay open, with equity trading running until 3:30 PM
Benchmark indices Nifty and Sensex closed the trading session on December 23 with firm gains, recovering from last week's steep sell-off. Heavyweights such as HDFC Bank, Reliance Industries, and ICICI Bank played a key role in the rebound after marke
Honda and Nissan announced on Monday that they have initiated discussions regarding a potential merger. This move represents a significant shift in Japan's automotive sector, reflecting the growing competitive pressure from Chinese electric vehicle (
Insurance stocks faced a sharp decline as the GST Council deferred its decision on reducing or exempting GST on health and life insurance premiums during its December 21 meeting. The move disappointed market participants, leading to a significant dro
The National Commodity and Derivatives Exchange Ltd. (NCDEX) announced the launch of options contracts on turmeric, coriander, and jeera futures, starting January 2, 2025. This move aims to enhance market participation and provide stakeholders with e
The Securities and Exchange Board of India (SEBI) has taken decisive action against Bharat Global Developers, suspending trading in the company’s shares until further notice due to allegations of financial misrepresentation. Additionally, the promo
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