Banking And Finance
CCI clears MetLife’s acquisition of additional PNB MetLife stake
New Delhi: ‘ acquisition of an additional 0.5% stake in India Insurance was notified under the competition regulator’s route on Monday. The global insurer has taken over 10,247,348 shares, representing…
Sectoral mutual funds: Defence, metals gave double-digit returns in 2 years while tech, consumer in red — here’s why
Investors in sectoral should look at how different sectors have performed over the past two years, as returns have varied sharply across segments. Motilal Oswal Financial Services (MOFSL), in its…
New rules from October: SBI ATM charges, bulk FD rates, fee on UPI, Aadhaar verification for LPG subsidy, and more
October brings changes affecting ATM use, large deposits, digital payments, pensions and cooking gas subsidies. Most start on 1 October while the UPI change starts on 15 October. SBI ATM…
₹1,000 monthly SIP became ₹4.67 lakh in 10 years: Which diversified equity mutual fund delivered the highest returns?
A SIP works on the principle of investing regularly and allowing returns to compound over time. While short-term returns can fluctuate sharply, a 10-year period can show how equity funds…
Market
Top 3 stocks to buy: Apollo Micro Systems, Netweb Technologies, Blue Dart by Vaishali Parekh| Target, stop-loss
Vaishali Parekh, Vice President – Technical Research at Prabhudas Lilladher, has recommended three stocks for intraday trading on September 29, with , and among her picks. Her recommendations include specific…
Top 5 Breakout stocks to buy: KPI Green, Crisil, Manyavar, Prudent, Go Digit by Sumeet Bagadia | Target, stop-loss
Sumeet Bagadia, Executive Director at Choice Broking, has recommended five stocks for today — KPI Green Energy, CRISIL, Vedant Fashions, Prudent Corporate Advisory Services and Go Digit General Insurance —…
Markets sink to six-month low as oil shock wipes out ₹7.5 lakh crore in investor wealth
suffered one of their sharpest sell-offs this year on Monday, with benchmark indices tumbling to six-month lows amid surging crude oil prices, rising global bond yields and persistent foreign investor…
SEBI settlement overhaul separates fund recovery from settlement payment
The Securities and Exchange Board of India’s (SEBI) revised settlement framework will keep recovery of money allegedly diverted from a company separate from the amount paid to settle regulatory proceedings,…
Market
Jefferies quarterly profit jumps on deal surge, equities trading strength
Sept 28 (Reuters) – Jefferies Financial posted an increase in third-quarter profit on Monday as higher fees from advising on deals and underwriting stock sales were complemented by a record…
Mark Zuckerberg loses nearly $20 billion in 2 days: Is Meta’s AI spending to blame?
Mark Zuckerberg’s estimated fortune has fallen by nearly $20 billion in two trading sessions as a sharp decline in Meta Platforms shares fuels investor concerns over the enormous cost of…
Coforge appoints Akhil Kumar Gupta as chairperson
Coforge Ltd appointed former Bharti Enterprises vice-chairman Akhil Kumar Gupta as its chairperson, ending a boardroom tussle that saw two former board members, including the former chairperson resign within four…
Cliffs’ Stelco Set to Idle Some Steel Operations on Tariffs
(Bloomberg) — Canadian steelmaker Stelco plans to suspend some operations in Hamilton, Ontario, citing the impact of US tariffs and trade disruptions on the Canadian steel industry. The Cleveland-Cliffs Inc.…
Axis
