Excitel shelves $200-million fundraise plans as exit pressure from seed investor subsides

Internet service provider Excitel Broadband has shelved its plan to raise funds, choosing to rely instead on internal cash flows to fuel its growth and expansion, chief executive Varun Pasricha…

EPFO 3.0 ATM withdrawal explained: Launch status, PF withdrawal process, rules, and limits

The Employees’ Provident Fund Organisation (EPFO) is undertaking a major digital upgrade initiative, dubbed EPFO 3.0, that will enable subscribers to complete paperless withdrawal or transfer provident fund. The retirement…

Are target maturity funds right for you? Here’s how passive debt investing works.

HDFC ERGO Optima Secure Plus vs ICICI Lombard Elevate Plan: Features, eligibility, claim ratio and premiums compared

Do you have health insurance? Do you have a financial plan to deal with a sudden, unforeseen health event? In today’s rapidly evolving world, where healthcare inflation is also rising…

Anant Raj signs MoU with Haryana government to invest ₹20,000 crore in data centre infrastructure

Anant Raj Limited, a diversified infrastructure and real estate company with a growing presence in digital infrastructure and data center development, has signed a Memorandum of Understanding (MoU) with the…

Vedanta shares crash over 4% from day’s high after ED raids premises; details here

Shares of Anil Agarwal-led mining major lost over 4% from the day’s high on Tuesday, 2 June, following the raids at the premises linked to the group by financial crime-fighting…

Zydus Lifesciences share buyback to open on 4 June: Should you participate or not?

Zydus Lifesciences share buyback: Zydus Lifesciences said that its ₹1,100 crore share buyback offer will open on Thursday, June 4, and remain available for four trading sessions, with the closing…

NHPC share price tanks around 6% after fundraise move through the OFS; check floor price and other details

State-owned company NHPC declined almost 6% on Tuesday, June 2 after it announced that the Indian Government will sell up to 6% stake in the company through offer for sale…

Small-cap stocks to buy: Chalet Hotels, Minda Corp, Navin Fluorine among Axis Securities’ top stock picks for June

The medium-to-long-term outlook for the Indian economy and corporate earnings remains constructive, supported by domestic demand resilience, improving earnings visibility, and structural reforms, while the near term may witness increased…

Nifty 50 has ended June higher in 6 of the last 10 years. Will history repeat itself?

June is generally a positive month for the Indian benchmark Nifty 50 index. In six of 10 last occasions over the past decade, the index has delivered a positive return.…