India's wealthy investors are increasingly allocating capital to Alternative Investment Funds (AIFs), with investments projected to reach nearly Rs 5.4 lakh crore by March 2025, reflecting a substantial 32% year-over-year increase. This ...more

The Iran-Israel conflict's impact on global markets and crude oil prices is anticipated to influence investor sentiment on Dalal Street. Market participants will also monitor central bank decisions from the US Federal Reserve, Bank of J ...more

UltraTech Cement, the new promoter of India Cements, needs to reduce its stake by 7%, worth Rs 667 crore, to comply with SEBI's minimum public shareholding norms. They have until February 2026 to meet the 25% public ownership requiremen ...more

State Bank of India has reduced interest rates on deposits. The bank lowered retail term deposit rates by 25 basis points. Savings account rates also decreased to 2.5 percent. This decision follows the Reserve Bank of India's repo rate ...more

Indian capital markets are maturing, prompting digital-first companies to "reverse flip" back to India, encouraged by regulatory improvements and a broader investor base. Approximately 40 India-listed tech companies are valued at $90 bi ...more

The Indian government is assisting the auto industry in securing rare earth magnets from China by facilitating communication and ensuring compliance with export regulations. Companies have submitted End User Certificates to China, and i ...more

Despite Iranian ballistic missile attacks targeting Haifa port and a nearby oil refinery in Israel, the Adani Group-led Haifa port remained unharmed, ensuring uninterrupted cargo operations. While shrapnel fell near the port and refiner ...more

India and the US are nearing completion of the initial phase of a bilateral trade agreement, aiming to finalize the text before July 9. India is considering concessions on agricultural products and automobiles in exchange for a 10% duty ...more

Adverse impact close to 7% on net worth of the company seen

Discussions include third-party monitoring, broader disclosure norms and investment restrictions

Naveen Jindal Group also eyes expansion in nuclear power sector, with Jindal Nuclear planning to build 18 gigawatts of nuclear power capacity over next two decades

A sales surge in June is anticipated to arrest the degrowth year-on-year only to a certain extent for the segment, given the high base in the corresponding period last year