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On November 19, insurance stocks in India witnessed a significant downturn following Finance Minister Nirmala Sitharaman’s comments urging banks to focus on core banking activities and avoid excessive selling of insurance products. The remarks, mad

Online travel company MakeMyTrip has announced its plan to acquire Happay, an expense management platform, from the fintech giant CRED. The deal will see MakeMyTrip enhance its corporate travel and expense management offerings, with an aim to solidif

According to provisional data from the NSE, domestic institutional investors (DIIs) made net purchases of ₹2,331 crore worth of shares on November 18. On the flip side, foreign institutional investors (FIIs) sold shares, recording a net outflow of

Rajputana Biodiesel Limited, a growing player in India’s biofuel industry, is launching its Initial Public Offering (IPO) to raise ₹24.70 crores through a fresh issue of 19 lakh shares. Rajputana Biodiesel IPO aims to support the company’s capi

The government is on track to surpass its direct tax collection target of ₹22.07 lakh crore for FY25, according to Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal. He announced this during the inauguration of the Taxpayers’ Lounge at t

Finance Minister Nirmala Sitharaman didn’t hold back on Monday when she called out the “stressful” interest rates we’re currently seeing. Speaking at an event hosted by the State Bank of India (SBI), she urged banks to consider making loans m

Godavari Biorefineries' shares dropped 4.42 to ₹293.80 after the company reported a consolidated net loss of ₹74.99 crore in Q2 FY25, compared to a net loss of ₹65.14 crore in Q2 FY24. The company's revenue from operations fell by 33.73 year-

Waaree Energies has announced its financial results for the quarter ended on September 30, 2024. The company reported a 14.7 rise in net profit to ₹361.6 crore, compared to ₹315 crore in the same period last year. Revenue increased slightly by 1

Medplus Health Services kicked off its stock market journey with a bang, rising 3 to ₹726. About 7 of the company’s shares—78.9 lakh in total, worth ₹552 crore—changed hands in a block deal at an average price of ₹700 per share. By 1

State-owned NTPC Green Energy Limited is gearing up to launch its initial public offering (IPO), which opens for public subscription on Tuesday, November 19, 2024, and closes on Friday, November 22, 2024. The anchor investor bidding took place on Mon

On Monday, 18th November, Dalal Street experienced a bearish trend in a shortened trading week, as key indices, Sensex and Nifty, plunged under the weight of continued foreign fund outflows, selling pressure in IT stocks, and cautious comments by US

The Securities and Exchange Board of India (SEBI), which oversees the capital markets, has hit Reliance Big Entertainment with a ₹26 crore demand notice. Why? For failing to pay penalties tied to the alleged diversion of funds involving Reliance Ho