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

The Securities and Exchange Board of India (Sebi) is proposing a separate, concise offer document summary to improve retail investor engagement in IPOs. This initiative aims to make key disclosures more accessible, reducing reliance on unregulated information sources. Sebi is also streamlining the process for pre-IPO pledged shares.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

Hero MotoCorp announced a strong performance for the September quarter. The company’s net profit increased by 16 percent, reaching Rs 1,393 crore. This growth was driven by robust sales volumes and positive festive sentiment. Revenues also saw a significant rise. The company’s emerging mobility business and global exports also showed impressive gains.Read More

The National Investment and Infrastructure Fund (NIIF) has divested nearly 3% of its stake in electric two-wheeler maker Ather Energy for Rs 541 crore. This move reduces NIIF’s holding to 2.39%. The transaction saw significant participation from various mutual funds and investment firms. Ather Energy recently reported a narrowed net loss for the September quarter,...Read More

Capillary Technologies India has raised Rs 394 crore from a clutch of anchor investors ahead of its initial public offering (IPO) which opens for subscription on Friday, November 14.Read More

Indian equities paused after a four-day rally, with Sensex and Nifty ending nearly flat. Gains from easing inflation and trade optimism were offset by profit-booking, FII outflows, and caution ahead of Bihar election results.Read More

India’s markets regulator on Thursday proposed easing lock-in requirements for existing shareholders in public issues, excluding large shareholders or promoters who have the ability to influence company decisions.Read More

LG Electronics India reported a 27% YoY fall in Q2 net profit to Rs 389.4 crore, though revenue grew 1% to Rs 6,174 crore. Despite GST transition-led demand slowdown, LG improved market share across TV, refrigerator, and AC segments while maintaining leadership in washing machines and microwaves.Read More

The Nifty ended flat but extended its winning streak as banking and pharma stocks offset losses in auto, IT, and FMCG sectors. Analysts see strong momentum above 25,800 with resistance at 26,000. Stock ideas include Shaily Engineering, Apex Frozen Foods, Hindustan Zinc, Axis Bank, and CG Power, offering up to 13% upside.Read More