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

Muthoot Finance has announced a significant jump in its net profit for the second quarter of FY25. The company’s net profit surged by over 87 percent. Total income also saw a substantial increase. This strong performance reflects growth in its gold loan assets under management. The company’s financial results indicate a robust period of operation.Read More

Walt Disney signaled on Thursday it was girding for a potentially prolonged fight with YouTube TV over distribution of its cable channels, worrying investors about the outlook for its already declining TV business and pushing its shares down 6%.Read More

Today, Indian markets kicked off on a sluggish note as investors remain alert to signals from the US regarding its economic performance and policy shifts. The opening comes in the wake of President Trump’s approval of a bill that resolved the longest government impasse in history.Read More

National Securities Depository Ltd (NSDL) reported a 15% year-on-year growth in its consolidated net profit for the September-ended quarter, reaching Rs 110 crore. Revenue from operations also saw a 12% increase to Rs 400 crore. The company’s shares are trading 43% above their issue price following these positive financial results.Read More