Indian Market News

Paytm announced on February 27 that it has partnered with AI startup Perplexity to integrate AI-powered search into its app. The fintech company stated that this collaboration aims to enhance financial literacy and accessibility by providing users wi

The Reserve Bank of India (RBI) has introduced several measures that are expected to benefit certain banks and non-banking financial companies (NBFCs). Firstly, the central bank has reduced risk weights on microfinance institution (MFI) business loan

Japan-based brokerage firm Nomura Holdings has retained its structural overweight stance but acknowledges the risk of further multiple compression due to the positive sentiment surrounding China and various domestic challenges. Nomura highlighted

The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹5.05 crore on the Indian Clearing Corporation Ltd (ICCL) for multiple regulatory violations. ICCL, established in 2007 as a wholly owned subsidiary of BSE Ltd, plays a cruc

The market regulator has put forward a proposal to introduce additional criteria aimed at diversifying thematic and sectoral indices, in an effort to mitigate concerns regarding potential market manipulation. One of the key recommendations is to c

The Securities and Exchange Board of India (Sebi) has announced that Associations of Persons (AoP) can now open demat accounts in their own name, a move aimed at improving investment accessibility and regulatory transparency. This decision, which was

UltraTech Cement Ltd. saw its shares decline nearly 4% in early trade on February 27 after announcing its foray into the Cables & Wires (C&W) segment with a capital expenditure of ₹1,800 crore. The company plans to establish a new wires and

The International Financial Services Centre Authority (IFSCA), the regulatory body overseeing GIFT City, has heightened its oversight of Fund Management Entities (FMEs), recently conducting surprise inspections to identify potential rule violations,

Tata Capital, the financial services arm of the Tata Group, is set to create a new investment opportunity for primary market investors as it takes a significant step toward a public listing. According to a Reuters report, the company's board has appr

The Indian rupee experienced a sharp decline on February 25, slipping 55 paise against the US dollar to once again breach the 87-mark. The depreciation came as a result of rising safe-haven flows into the US dollar following US President Donald Trump

Shares of Akzo Nobel India are expected to draw significant attention on February 25 following the company’s decision to sell its powder coatings business to its Netherlands-based parent company, Akzo Nobel N.V. The strategic move is part of a broa

The consumer staples sector witnessed a sequential improvement in demand trends during the December quarter. However, demand remained subdued compared to expectations, reflecting the ongoing challenges in the market. International brokerage Morgan St