The Securities and Exchange Board of India (Sebi) is proposing to simplify the process for investors to obtain duplicate share certificates. The regulator suggested increasing the simplified documentation limit for duplicate securities to ₹10 lakh from ₹5 lakh, acknowledging the growth in market capitalization and investor portfolios. This move aims to reduce procedural burdens and...Read More

State-owned Power Finance Co (PFC) and Nabard cancelled bond issuances totalling ₹10,000 crore due to higher-than-expected yields. Issuers are now awaiting the December 5 monetary policy meeting, anticipating a potential rate cut that could lead to lower pricing for their bonds.Read More

Federal Bank’s shares surged 27% in three months, driven by Blackstone’s ₹6,000 crore investment and management’s guidance of net interest margin expansion. The capital infusion will fuel growth and potential inorganic opportunities. The bank anticipates NIM improvement due to repricing term deposits and strong CASA momentum.Read More

Greenko has secured approximately ₹600 crore through privately placed rupee-denominated bonds, subscribed by Broad Peak Investment Advisors and JP Morgan. The funds will be utilized for repaying inter-company loans and general corporate purposes. This capital infusion coincides with Greenko’s commissioning of significant storage assets, including a large-scale integrated renewable energy storage project in Rajasthan.Read More

Life insurers are urging the government to double the tax-exempt investment limit for guaranteed plans to ₹10 lakh. This move aims to address a demand shortage in the long-duration government bond market, where traditional buyers like pension funds have shifted to equities. The increased demand from insurers could help stabilize yields on long-term sovereign debt.Read More

Nifty experienced consolidation in the first half of expiry day, but succumbed to heavy selling pressure in the latter half, settling on a bearish note at 25,885. Analysts noted a significant bearish candle on the daily chart, indicating continued weakness as the index remains below the 26,280 level.Read More

Indian markets closed marginally lower on monthly expiry day amid cautious sentiment due to global headwinds and geopolitical concerns. Several stocks like Bharti Airtel, Tata Motors PV, and HCL Tech are in focus due to significant news developments, including block deals, new product launches, and strategic collaborations.Read More

Spandana Sphoorty Financial welcomes Venkatesh Krishnan as its new Managing Director and Chief Executive Officer. Krishnan, a seasoned professional with 34 years of experience in financial services, previously led the microfinance division at HDFC Bank. He will assume his new role on November 27 for a three-year term.Read More

India’s commercial sector credit surged 24% year-to-date, reaching ₹20 lakh crore by October 31, FY26. This revival, driven by lower lending rates and tax relief, saw significant contributions from non-banking sources like bonds and ECBs, indicating renewed business and investment activity.Read More

Metals, consumer durables, and oil & gas sectors showed strong profit growth in the September quarter. Two of these sectors now trade above their long-term average valuations. Other sectors saw modest profit increases or declines. Investors are advised to consider PSU banks, banks, BFSI, IT, and select steel companies for potential upside.Read More