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Shares of Life Insurance Corporation of India (LIC) rose approximately 3 to ₹952.50 on November 28, following reports that suggested the state-owned insurer is considering acquiring a substantial stake in ManipalCigna Health Insurance. This potent

State-owned Bharat Petroleum Corporation Limited (BPCL) is planning to roll out its first sustainable aviation fuel (SAF) facility by 2027. This aligns with the government’s anticipated SAF blending mandate, according to someone familiar with the m

Nisus Finance Services Co Limited, a prominent player in India's financial services sector, is launching its Initial Public Offering (IPO) to raise ₹114.24 crores through a combination of fresh issue and offer for sale. With its established presenc

Vodafone Idea shares jumped 6 on November 27, hitting ₹7.92, and marking a solid three-day rally of 17.5. What’s behind the surge? Reports suggest the Union Cabinet may approve waivers on bank guarantees (BGs) for spectrum bought before 2022. I

The Bank of India Consumption Fund - Direct (G) is an open-ended equity scheme that focuses on India's consumption-driven sectors. Filed with the Securities and Exchange Board of India (SEBI) in October 2024, the fund aims to provide long-term capita

The SBI Quant Fund - Direct (G) is an equity-focused fund that offers a well-structured investment solution. By leveraging a proprietary quantitative model, the fund integrates both fundamental and technical factors to construct a dynamic and balance

The Bajaj Finserv Healthcare Fund - Direct (G) is a sectoral equity fund aiming to provide long term capital appreciation by investing predominantly in equity and equity related securities of pharma, healthcare, and allied companies. This open-e

The Securities and Exchange Board of India (SEBI) announced on Tuesday the introduction of new valuation guidelines for repurchase (repo) transactions carried out by mutual funds. Under these changes, securities involved in such transactions will now

On November 27, Adani Green Energy Limited (AGEL) released an explanation, denying recent media reports that directors Vneet Jaain, Sagar Adani, and Gautam Adani—the group's billionaire founder—were being charged with bribery and corruption under

The market regulator, SEBI, has rolled back some of the restrictions it had placed on Axis Capital (ACL) in an earlier order. Here’s what’s changed: Back in September 2024, SEBI had barred Axis Capital from working as an investment banker in t

The government has unveiled PAN 2.0, a new upgrade to the existing Permanent Account Number (PAN) system. Aimed at modernizing taxpayer services and aligning with the Digital India initiative, this revamped system promises a seamless, secure, and eco

Shares of Adani Group companies bounced back on Wednesday, with some stocks jumping as much as 6, after Adani Green Energy Ltd. issued a public clarification addressing media reports about bribery allegations. These reports had linked Adani executiv