Indian Market News

Generic user silhouette icon 5paisa Capital Ltd
  • 21st Nov 2024
  • 2 min read

The recent charges brought by US prosecutors against Gautam Adani, accusing him of involvement in a $250 million bribery scheme, have sent shockwaves through financial markets. The fallout has adversely impacted Adani Group stocks, banking shares, an

Generic user silhouette icon 5paisa Capital Ltd
  • 21st Nov 2024
  • 2 min read

Mukesh Ambani-led Reliance Industries Ltd (RIL) and Walt Disney Company have successfully concluded their $8.5 billion merger deal, marking a transformative moment for India’s media and entertainment sector. The joint venture (JV), valued at ₹70,

Generic user silhouette icon 5paisa Capital Ltd
  • 21st Nov 2024
  • 2 min read

The Life Insurance Corporation of India (LIC), the largest domestic institutional investor in the country, witnessed a significant decline in the value of its holdings in seven Adani Group companies. On Thursday, November 21, the total drop amounted

Generic user silhouette icon 5paisa Capital Ltd
  • 21st Nov 2024
  • 2 min read

Wipro, a global leader in technology services and consulting, has teamed up with Lineaje to boost security for open-source components in enterprise software. To back this collaboration, Wipro Ventures—the company’s investment arm—has also made

Generic user silhouette icon 5paisa Capital Ltd
  • 21st Nov 2024
  • 2 min read

Adani Group stocks experienced a sharp crash on Thursday, plummeting by up to 20% in the aftermath of charges filed in the United States against the group’s founder, Gautam Adani, and seven others. The charges, which allege a $250 million

Generic user silhouette icon 5paisa Capital Ltd
  • 21st Nov 2024
  • 3 min read

Two of India’s energy giants, ONGC and NTPC, are joining forces to tap into renewable energy opportunities, both within India and internationally. Their green energy subsidiaries have partnered to explore fresh projects and evaluate acquisitions, c

Generic user silhouette icon 5paisa Capital Ltd
  • 21st Nov 2024
  • 2 min read

Investors who eagerly awaited the debut of Flipkart-backed Zinka Logistics Ltd. (BlackBuck) were surprised when the company's shares did not list on the NSE and BSE today, November 21. The listing was postponed to November 22, following the T+3 listi

Generic user silhouette icon 5paisa Capital Ltd
  • 21st Nov 2024
  • 2 min read

The Indian telecom giant told exchanges on November 20 that Nokia has secured a multi-year, multi-billion extension deal from Bharti Airtel to roll out 4G and 5G equipment throughout Indian cities. According to Gopal Vittal, MD and Vice Chairman of B

Generic user silhouette icon 5paisa Capital Ltd
  • 19th Nov 2024
  • 2 min read

ICL Fincorp is a non-deposit-taking, base-layer Non-Banking Financial Company (NBFC) specializing in gold loans, where money is lent against the pledge of household gold ornaments. The company operates primarily in Kerala, Tamil Nadu, Andhra Pradesh,

Generic user silhouette icon 5paisa Capital Ltd
  • 19th Nov 2024
  • 3 min read

KLM Axiva Finvest Limited, established in 1997, is a non-deposit-taking systemically important NBFC (Middle Layer) primarily catering to low- and middle-income individuals and businesses. The company has announced the issuance of Secured Non-Converti

Generic user silhouette icon 5paisa Capital Ltd
  • 19th Nov 2024
  • 1 min read

Student recruitment solution provider Crizac is gearing up to raise ₹1,000 crore through an initial public offering (IPO). The Kolkata-based company refiled its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SE

Generic user silhouette icon 5paisa Capital Ltd
  • 19th Nov 2024
  • 2 min read

The Securities and Exchange Board of India (SEBI) has issued a cease-and-desist order against four unregistered online platforms. The unregistered online platforms (UOPs) involved are AI Growth Pvt Ltd, the owner of altGraaf; Texterity Pvt Ltd, the o

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