Canara HSBC Life Insurance is preparing for its stock market debut. The company plans to enhance its value of new business margins. This will be achieved by diversifying its product offerings and broadening its distribution network. The IPO aims to raise funds for growth. The insurer has seen significant growth in assets under management and...Read More

Finance Minister Nirmala Sitharaman launched a real-time foreign currency settlement system at GIFT City, replacing a delayed process. This new system enables instant transactions, eliminating the 36-48 hour lag and positioning GIFT-IFSC among global financial centers with local foreign currency settlement capabilities.Read More

The Reserve Bank of India has no immediate plans for a nationwide CBDC launch, prioritizing cross-border arrangements and pilot projects for specific use cases like subsidy schemes. Deputy Governor T Rabi Shankar indicated that progress has slowed compared to previous years, emphasizing the need for international coordination.Read More

Banks are seeking higher offers for the Sahara Star Hotel’s debt. Union Bank of India leads the process. JC Flowers ARC had previously offered ₹279 crore for the ₹729 crore debt. Banks aim for a minimum bid of ₹293 crore. The hotel is a valuable property with full security for the loans. An auction is...Read More

Post ContentRead More

Ace investor Ashish Kacholia added Jain Resource Recycling to his portfolio, marking a 50-stock milestone; the smallcap IPO surged 41% post-listing, with Kacholia holding 1.14% valued at Rs 128 crore. He was allotted these shares in a pre-IPO offer. The company is engaged in recycling and manufacturing non-ferrous metals such as lead, copper and aluminium.Read More

Nifty ended higher for the fourth consecutive session on Tuesday. Analysts see near-term consolidation with resistance around 25,250, while experts recommend seven stocks — including IDFC First Bank, Tube Investments, Amber Enterprises, and Federal Bank — for potential 5–9% upside.Read More

Indian markets ended higher for the fourth straight session on Tuesday, led by financial stocks as optimism around RBI lending reforms and upbeat corporate cues boosted sentiment ahead of Q2FY26 results. Analysts expect near-term consolidation with support at 24,950 and resistance around 25,300.Read More

Investor Vijay Kedia acquired a Rs 11 crore stake in Eimco Elecon, buying 57,400 shares at Rs 1,906.71 each. The stock, down 34% in a year, surged 5% post-purchase.Read More