Benchmark BSE Sensex bounced back with a 341-point gain, ending a five-day losing streak due to strong performance in banking stocks and a global rally. Stocks like HAL, BEL, and KPIT Tech showed significant movements, with HAL and KPIT Tech rebounding, while BEL experienced slight fluctuations.Read More
PDP Shipping and Projects shares debut on the BSE SME platform following a fully subscribed IPO that raised approximately Rs 13 crore. The company, specializing in logistics and transport solutions, will utilize the funds for long-term working capital and general corporate purposes.Read More
The Reserve Bank of India’s measures to control credit offtake have successfully mitigated risks in unsecured loans. By increasing risk weights on these loans in November 2023, the growth in credit card dues and loans to non-bank lenders decelerated significantly. Following this moderation, the RBI plans to restore the original risk weights starting in FY26.Read More
Public sector banks are encouraged to focus on timely capital raising and reducing intermediation costs to make banking products more affordable, says M Nagaraju of the financial services department. Collaborative efforts in areas like cyber security and AI applications are also emphasized to improve services.Read More
Analysts predict significant returns for stocks like Tata Motors, Varun Beverages, and Kirloskar Oil Engines with expected upsides up to 72%. Positive factors include valuations, margin expansions, and growth opportunities, while potential risks such as demand slowdown and competitive intensity are considered.Read More
Several of Deepak Nitrite’s key projects, including the nitric acid plant and other units, have been delayed and might be completed by the first half of FY26. These projects were originally slated for commissioning in the second half of FY25.Read More
Canara Bank’s bonds are callable at the end of five years. The base size of the bond issue was ₹1,000 crore with a greenshoe option of ₹3,000 crore.Read More
Ola Electric, which listed on the bourses in August last year, raised ₹6,145 crore through its IPO. Hero MotoCorp-backed Ather Energy, which is scheduled to list next month, aims to raise $400 million (₹3,474 crore) through the shares sale.Read More
Vedanta Chairman Anil Agarwal reaffirmed the company’s commitment to unlocking value, saying the four new companies that will emerge from the demerger, have the potential to grow into $100 billion companies each.Read More
Analysts expect the Fed to hold interest rates steady, maintaining its stance from the last meeting due to risk of inflationary pressure from the US tariff policies.Read More
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