Sebi has banned First Overseas Capital from the securities market and new IPO mandates for two years, imposing a ₹20 lakh fine. The regulator found the merchant banker violated norms by not maintaining adequate net worth, exceeding underwriting limits, and engaging in non-securities business. These actions followed an inspection revealing multiple regulatory breaches.Read More

Markets traded volatile on Thursday, ending nearly unchanged after early gains were erased by profit-taking in heavyweight stocks. Analysts suggest a short-term consolidation phase is likely, with Nifty holding above 25,600 considered healthy. Several companies, including Vedanta, Hero MotoCorp, and Colgate-Palmolive, are in focus due to investment plans, international expansion, and Q2 results.Read More

Sebi is proposing to make it easier for Non-Resident Indian clients to complete their KYC. The markets watchdog wants to remove the requirement for NRIs to be physically present in India for digital onboarding or video identification. This change aims to simplify compliance for overseas investors. Public comments are invited on the draft proposal.Read More

S&P Global has lowered its outlook for Tata Motors Passenger Vehicles to negative. This is due to a slow recovery for its Jaguar Land Rover unit after a cyberattack caused production pauses and hurt sales. The impact is more pronounced after the company split. Recovery path remains uncertain, with potential for bigger implications from the...Read More

Indian markets ended higher with Sensex and Nifty touching fresh 52-week highs, supported by optimism over an earnings revival, festive-season demand, and renewed foreign investor inflows. Analysts expect short-term consolidation before potential upside toward 26,200, driven by improved sentiment and policy support.Read More

Oil prices jumped more than five percent Thursday after US President Donald Trump targeted Russia’s key oil industry with new sanctions in a bid to end the war in Ukraine.Read More

Nifty ended marginally higher after erasing early gains. Analysts expect a short-term pullback to 25,700 before recovery toward 26,200. Bank of India and Shipping Corporation stocks showed strong breakout signals with bullish momentum.Read More

Bank of America purchased 5.62 lakh shares worth Rs 13 crore in EPack Prefab Technologies at a 15% premium. The smallcap stock surged 13% after strong Q2 earnings showing over 100% profit growth, robust revenue expansion, and improving margins.Read More

Colgate-Palmolive India reported Q2 net profit at Rs 328 crore, down 17% YoY, with revenue falling 6% to Rs 1,507 crore due to GST rate cuts on oral care products. GST on the company’s entire oral care portfolio was reduced from 18% to 5%.Read More

Tata Motors will be renamed Tata Motors Passenger Vehicles (TMPV) from October 24, marking the completion of its demerger process. The restructuring splits its commercial and passenger vehicle divisions into independent listed entities, aiming to unlock value, enhance focus, and enable clearer benchmarking against global peers.Read More