The Securities Appellate Tribunal (SAT) has set aside Sebi’s direction that derecognised Indian Commodity Exchange Limited (ICEX) as a bourse on certain conditions, including raising requisite funds within one year.…
We continue to believe that Star Health, with its unparalleled agency force, is best placed to harness growth in the Indian health insurance sector. Risk of increase in claims from…
Walmart-backed payments company PhonePe on Thursday said it is not planning an IPO right now and will look at going public once its core businesses turn profitable. “PhonePe is not…
BSE Sensex and NSE Nifty 50 were trading flat with a negative bias on Tuesday, dragged by losses in index heavyweights such as HDFC Bank, Housing Development Finance Corporation (HDFC),…
Rupee depreciated in the week amid unabated foreign fund outflows. Meanwhile, sharp downsides were restricted due to ease in crude oil prices Dollar index depreciated amid weak economic data and…
Capital markets regulator Sebi on Tuesday came out with new adjustment rules for dividends in Futures and Options (F&O) scrips. “It has been decided that the adjustment in derivative contracts…
Foreign investors continue to desert Indian equity markets and have pulled out over Rs 4,000 crore this month so far amid steady appreciation of the dollar and rising interest rates…
Axis Mutual Fund said on Tuesday there are “strong reasons” to believe that Viresh Joshi and Deepak Agrawal, the two fund managers who were sacked by the company in June,…
The festive season is a time of joy, celebration, and, of course, shopping. It’s a time for families to come together, exchange gifts, decorate our homes, and have a good…
By Dilip Parmar The Indian rupee extended its drop for the sixth month in trot and closed to life low level of 78.98. India’s expanding trade gap and capital outflows…