Indian Market News

On Tuesday, the Securities and Exchange Board of India (SEBI) introduced a new investment vehicle called the 'Specialized Investment Fund' (SIF). This asset class is positioned between Portfolio Management Services (PMS) and mutual funds, requiring a

Ravindra Balu Bharti, a prominent YouTuber, and his company, Ravindra Bharti Education Institute, have been barred by the Securities and Exchange Board of India (SEBI) from participating in the securities market until April 4, 2025. SEBI has imposed

According to Nuvama Institutional Equities, the market may be overlooking the anticipated profit decline while factoring in the potential implementation of Goods and Services Tax (GST) on natural gas. In November, the government reduced APM gas alloc

Hon Hai Precision Industry Co., widely known as Foxconn, the Taiwanese manufacturer responsible for producing iPhones and other electronic products, has reportedly approached Nissan Motor Co. with an offer to take a controlling stake, according to an

ITC Hotels Limited (ITCHL) and ITC Limited have jointly designated Monday, January 6, 2025, as the Record Date to determine eligible shareholders for receiving equity shares of ITCHL. Invest in Indian Markets and Unlock Future Potential With 5p

India’s central bank, the Reserve Bank of India (RBI), has begun curtailing its extensive non-deliverable forwards (NDF) portfolio, according to sources familiar with the development. This marks a shift from its previous strategy of using the NDF m

The Securities and Exchange Board of India (SEBI) has clarified that recent reports about a blanket ban on Foreign Portfolio Investors (FPIs) issuing Overseas Derivative Instruments (ODIs) are incorrect. The market regulator stated on December 18 tha

Shares of VA Tech Wabag tumbled around 19% on Wednesday, hitting a low of ₹1,522.30 on the BSE. This sharp decline followed the announcement that the Saudi Water Authority had canceled a significant ₹2,700 crore order for a 300 MLD Mega Sea Water

Honda Motor Co. and Nissan Motor Co., two of Japan's prominent automakers, are reportedly in preliminary talks about a potential merger that could reshape the country’s automotive industry. The discussions, according to sources, include options suc

Shares of Reliance Industries (RIL) saw a significant decline on Tuesday, December 17, slipping as much as 1.8% to ₹1,245.10 per share on the BSE. This drop contributed to the broader market's sharp fall, with RIL emerging as the second biggest fac

ITC Ltd. has officially set January 1, 2025 as the effective date for the demerger of its hotel business into a separate entity, ITC Hotels Ltd. After receiving the necessary approvals from the National Company Law Tribunal (NCLT) and overwhelming su

In a significant move to enhance transparency and investor convenience, the Securities and Exchange Board of India (SEBI) has proposed the development of a centralized platform called MITRA (Mutual Fund Investment Tracing and Retrieval Assistant). Th