German firm DWS Group is acquiring a 40% stake in Nippon Life India Asset Management’s alternatives business. This partnership aims to expand operations in alternatives, active, and passive assets. The companies will also jointly launch passive products. A global distribution arrangement is planned for India-focused mutual funds. The alternatives sector in India is poised for...Read More

Asian Paints stock surged over 8% in two trading sessions, driven by a strong second-quarter performance and the exit of a rival CEO. The company’s net profit jumped 43%, exceeding expectations and prompting price target upgrades from analysts. Despite renewed investor interest, some analysts remain cautious about a sustained rally, citing capped upsides after the...Read More

Warburg Pincus-backed Fusion Finance anticipates profitability in the second half of the current fiscal year, marking a turnaround after six consecutive quarters of net losses. The company plans to call for the second tranche of ₹400 crore from investors and aims to increase monthly loan disbursals to ₹550-600 crore from January onwards.Read More

Capillary Technologies is set to launch an Initial Public Offering to raise funds for cloud infrastructure and research. The company aims to secure up to ₹532 crore through an offer for sale and ₹345 crore via a fresh issue. Promoter stake will reduce post-IPO. Investors with a high risk appetite may consider this long-term opportunity.Read More

Indian markets saw volatile trading and ended flat on weekly expiry day. Analysts suggest consolidation may follow the recent rally. Key sectors like banking and IT remain strong. Investors are advised to focus on specific stocks in banking, auto, and metals. Several companies like Hero MotoCorp, Tata Motors, and Eicher Motors reported their second-quarter results.Read More

Nifty closed flat on Thursday, with profit booking in the final hour capping gains after three consecutive sessions. Analysts remain optimistic about equities due to easing inflation, exporter policy support, and positive corporate earnings. Today’s session may experience heightened volatility due to the Bihar election outcome.Read More

Broking firms experienced a profit and revenue decline in the September quarter due to reduced market volumes and Sebi’s new regulations. Stricter margin norms and the ‘true-to-label’ circular impacted earnings, while intense competition and technology spending increased costs. Analysts suggest the sector remains under pressure, with future performance dependent on non-broking revenue streams and regulatory...Read More

2025 has seen a surge in demand for large IPOs, with average subscriptions for issues over ₹5,000 crore reaching 17.7 times, the highest since 2021. This broad-based demand, driven by institutional investors and a preference for profitable, proven businesses, marks a shift towards more discerning investment strategies.Read More

Mahindra & Mahindra is entering the life insurance sector through a 50:50 joint venture with Canada’s Manulife, committing up to ₹3,600 crore each. Operations are expected to launch within 15-18 months of regulatory approval, with a focus on underpenetrated rural and semi-urban markets. The venture aims for break-even around the tenth year.Read More