Banking And Finance
$127 billion deposits raise new rupee risk as banks face future FX interest bills
MUMBAI: have left much of their future on overseas FX deposits unhedged, creating a source of potential that could compound depreciation pressure in a rupee-weakening scenario, five bankers said. Lenders…
SGB premature redemption today: ₹1 lakh investment rises to ₹3.04 lakh as RBI fixes exit price at ₹15,384 per gram
The Reserve Bank of India (RBI) has fixed the premature redemption price of (SGB) 2020-21 Series VI at ₹15,384 per gram, giving investors in the tranche a capital appreciation of…
Buyer pays ₹14.5 lakh for a Gurugram flat, left in limbo after builder loses registration; RERA gives relief
An Allahabad-based homebuyer who paid ₹14.5 lakh towards a housing project in Gurugram found himself facing an uncertain future after the builder lost its registration, leaving the construction site stalled.…
Wrong EPFO exit date? Here’s how to correct it online step by step
Leaving a job comes with enough paperwork already. But there is one small detail that many employees may overlook, i.e., the date on which their employer marks them as having…
Market
IPO GMPs: Rentomojo, LCC Projects to Karamtara Engineering — what grey market signals about upcoming IPOs
Three Initial Public Offerings (IPOs)—Rentomojo, LCC Projects and Karamtara Engineering—are set to open for subscription tomorrow, 9 September. The primary market is picking up pace in September, with a strong…
Dividend stocks alert! Last chance to buy today to qualify for these shares – Check full list, amount, payment timeline
Stocks To Trade Ex-Dividend Today: Shares of Force Motors, JBM Auto, Gujarat Narmada Valley Fertilisers and Chemicals, are attracting heightened investors’ interest on Tuesday, September 8, as it will be…
IFCI share price tumbles over 8% amid ongoing NSE IPO buzz
IFCI share price bucked its gaining streak, slided over 9% in Tuesday’s trading session as investors rushed to book profits after two-day rally. IFCI shares opened at ₹103.40 apiece on…
Why is stock market down today? 3 key factors driving Sensex, Nifty lower explained- Top contributors to falling market
The Indian stock market benchmarks, the Sensex and the Nifty 50, suffered significant losses in intraday deals on Tuesday, 8 September, looking set to extend losses for the second consecutive…
Market
Lightspeed India to realise about $500 million by year end as India’s exit landscape broadens
Lightspeed India, which has backed startups such as Razorpay, Sarvam and Oyo, expects to realise about $500 million in cash returns by the end of this year, driven by a…
Centre’s ₹37,500 crore coal gasification scheme draws 7 first-round applications
The Centre’s ₹37,500 crore scheme to promote surface coal and lignite gasification has received seven applications in its first round, including three from Adani Enterprises, as the government said the…
Mahindra eyes over 50% share in small pickups in FY27; electric Veero coming soon: Executive
is targeting more than 50 per cent market share in the small pickup segment in the current fiscal year, with the expanded Veero range expected to help the automaker gain…
Suzlon bags 200 MW wind energy order from Ayana Renewable Power
Suzlon on Tuesday said it has secured a 200 MW wind energy order from Ayana Renewable Power Ltd, marking the company’s third devco-led wind order across two states — Madhya…
Axis
