Business

Sebi clears SBI Mutual Fund IPO; Rs 13,000 crore share sale likely next month

India's largest asset manager, SBI Mutual Fund, has secured Sebi's nod for its Rs 13,000 crore initial public offering. The…

3 months ago

Sitharaman says external aid projects should help Northeast products reach global markets

Union finance minister Nirmala Sitharaman emphasized that externally aided projects in the Northeast should empower local products for global markets…

3 months ago

Reliance’s Jio Platforms IPO: From Meta, Google backing to AI ambitions — 10 takeaways from what could be India’s biggest public issue

Jio Platforms is set to launch India's largest IPO, aiming to raise $4 billion and valuing the digital giant at…

3 months ago

RIL AGM: From Jio Platforms IPO & satellite broadband focus to big AI & renewable energy plans – top takeaways

While the proposed Jio IPO drew significant attention, Ambani used the company’s annual shareholder meeting to lay out Reliance’s future…

3 months ago

Sebi brings back stock exchange buybacks, clears faster fundraising route for AIFs

Market regulator Sebi has greenlit several key reforms, including the return of open market share buybacks via stock exchanges, offering…

3 months ago

India’s forex reserves tumble nearly $10 billion as gold holdings see sharp drop

India's foreign exchange reserves saw a significant dip of nearly $10 billion, reaching $671.625 billion in the week ending June…

3 months ago

Stock market today: Which are the top gainers and losers in BSE Sensex and Nifty50 today? Check list

Indian markets snapped a five-day winning streak on Friday, with the Sensex and Nifty closing lower. A sharp selloff in…

3 months ago

India opens dumping probe into Chinese, Japanese chemical used in tyres and rubber products

India has initiated an anti-dumping investigation into Resorcinol imports from China and Japan. This key chemical is vital for tyre…

3 months ago

Stock market today: Sensex closes over 600 points down, Nifty50 above 24,000 – not just IT stocks, HDFC Bank & RIL also drag down indices

The BSE Sensex, comprising 30 stocks, ended the session 607.08 points, or 0.78%, lower at 76,802.90. During intraday trade, the…

3 months ago