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
Ola Electric saw its shares rise by 8.11%, reaching an intraday high of ₹84.00 on the NSE today, following the announcement of its new affordable electric scooter range. These scooters, starting at just ₹39,000, are the most budget-friendly optio
In recent years, financial influencers, or “finfluencers,” have emerged as a powerful force in shaping retail investors’ decisions. With their engaging social media content, these influencers have made complex financial topics accessible to the
Fintech giant Pine Labs has engaged five investment banks to oversee its $1-billion initial public offering (IPO), set to launch in the first half of the financial year 2026, according to sources familiar with the matter. Invest
The Kotak Nifty 50 Equal Weight Index Fund – Direct (G) is an open-ended equity scheme designed to replicate and track the Nifty 50 Equal Weight Index. It provides investors with a unique opportunity to diversify their investments equall
C2C Advanced Systems, known for launching one of this year’s biggest SME IPOs, has hit pause on its listing after the market regulator, SEBI, stepped in. The company is also giving investors a chance to withdraw their IPO applications. Here’s
JPMorgan has begun coverage on Indian defence stocks, highlighting the sector's strong potential for structural growth. The brokerage has issued an "overweight" rating for Bharat Electronics (BEL) and Hindustan Aeronautics (HAL), while assigning a "n
Vodafone Idea share price (VIL) soared by over 18% to an intraday high of ₹8.28 on the NSE, marking their biggest single-session gain in over 10 months. It also surpassed the 20-day moving average. This rally follows a pivotal decision by the Union
Indian billionaire and co-founder of the Essar Group, Shashikant Ruia, passed away on Tuesday at the age of 81. The Ruia family and the Essar Group expressed their profound grief over his demise, remembering him as a visionary leader who touched coun
Shares of InterGlobe Aviation, the operator of IndiGo, climbed over 1% to ₹4,295 on November 26, following the airline achieving its highest market share of the year at 63.3% in October. Adding to its momentum, IndiGo announced a codeshare partners
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