The Securities and Exchange Board of India is reviewing its Portfolio Managers Regulations. Chairman Tuhin Kanta Pandey emphasized strengthening investor protection and governance. The PMS industry has seen significant growth in assets and clients. Sebi is also simplifying business processes for portfolio managers. This review aims to keep the framework relevant for evolving market dynamics.Read More
Danish brewer Carlsberg is gearing up for a significant move in India. The company is reportedly preparing for a potential listing of its Indian operations. This offering could raise as much as $700 million. Banks have been appointed to advise on the proposed share sale. A filing could happen as early as May.Read More
The rupee gained 7 paise to settle at 90.87 (provisional) against the US dollar on Monday, aided by a sharp fall in global crude oil prices and a weaker greenback amid renewed global trade-related uncertainties.Read More
Gold and silver are climbing due to policy uncertainty and central bank buying. Crude oil prices remain elevated by geopolitical risks, with a potential $4-$5 premium. Even a limited strike on Iran will not fully remove this risk. OPEC+ is expected to manage supply, supporting prices through mid-year. Investors should watch the Iran-US situation and...Read More
European shares dipped in choppy trading on Monday, rocked by a fresh wave of uncertainty regarding U.S. trade policy after President Donald Trump announced a new rate of global tariffs.Read More
Real estate firm BPTP Ltd has tied up with a landowner to develop an 11-acre housing project in Surajkund, Faridabad, as part of its expansion plan.Read More
The Supreme Court’s ruling against President Trump’s tariffs has prompted China and South Korea to assess the implications, while financial markets reacted calmly. Trump proposed new global tariffs under an alternative law, potentially altering trade dynamics for various nations. US officials maintain commitment to existing trade deals despite the legal challenges.Read More
Realty firm Lodha Developers Ltd will invest Rs 1,200 crore this quarter on pure construction activities and will launch 12 housing projects with an estimated sales value of nearly Rs 13,000 crore to expand its business.Read More
IDFC First Bank was rocked by a forged cheque fraud at its Chandigarh branch, triggering a sharp market selloff that wiped out over Rs 14,400 crore in shareholder wealth within hours. The issue surfaced on February 18 when Haryana government entities sought to close certain accounts and transfer funds, revealing discrepancies that led to the...Read More
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