Small finance banks have approached the Reserve Bank of India with key requests. They want the regulator to ease a rule requiring half their loans to be under ₹25 lakh. They also seek permission to participate in co-lending arrangements. These changes aim to help SFBs expand their reach and serve more businesses, particularly MSMEs.Read More
Infosys promoters, including co-founders like Narayan Murthy and Nandan Nilekani, will not participate in the company’s Rs 18,000 crore share buyback. This decision will lead to a slight increase in their shareholding percentage and could impact their voting rights. The buyback aims to return surplus funds to shareholders and enhance long-term value by reducing the...Read More
Indian markets closed marginally higher after a strong start in the Muhurat trading session. Investors are now focused on upcoming earnings, global interest rates, and crude oil prices. Several companies like HUL, Jain Resource Recycling, Ola Electric, Tata Motors PV, and Torrent Pharma are in the spotlight due to significant news developments.Read More
Muhurat Trading saw cautious optimism as the Sensex rose to 84,600 and Nifty neared 25,900, with IT, banking, auto, and pharma leading gains. Analysts anticipate Nifty improvement from current levels, supported by a forward P/E slightly above its average. The India VIX fell, indicating reduced market fear.Read More
Asian markets opened lower after a volatile session on Wall Street. Japan and South Korea saw significant drops. Tech stocks faced pressure from company outlooks and earnings. Trade tensions between the US and China resurfaced. Oil prices jumped on new US sanctions. Retail momentum trades experienced sharp losses. US companies are showing strong earnings this...Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
