SEBI fines Rashmi Saluja ₹40 lakh; orders ₹2 cr disgorgement in Religare insider trading case

The on Wednesday barred former Religare Enterprises executive chairperson Rashmi Saluja from the securities market for three years and directed her to disgorge ₹2 crore along with interest in an…

Cipla looks to ensure consistent drug supplies, as costs increase due to West Asia war, says MD & Global CEO

Cipla is working to ensure consistent drug supplies, even as freight and fuel costs, for example, increase due to a prolonged war in West Asia, a top official with the…

Petitioner withdraws plea to stall Tata Trusts meeting after HC rap

Petitioner Suresh Tulsiram Patilkhede who was seeking a stay on the May 16 board meeting of the Sir Ratan Tata Trust (SRTT) withdrew his plea before the Bombay High Court…

SEBI proposes wider use of intraday borrowing lines by mutual funds

The Securities and Exchange Board of India (SEBI) on Wednesday proposed to broaden the use of intraday borrowing facilities by mutual funds, allowing asset management companies (AMCs) to use such…

SEBI examines specialised distributor framework to boost retail bond participation

The Securities and Exchange Board of India (SEBI) is examining a proposal to introduce a specialised category of distributors aimed at expanding the reach of debt products and increasing retail…

CityMall eyes Bengal, Jaipur expansion as grocery drives 80% of business

Value-focused ecommerce start-up CityMall is expanding into newer geographies including West Bengal, Jaipur and Punjab as it doubles down on grocery-led commerce for consumers in tier-2 and smaller cities, said…

Sebi plans bond distributor model to deepen retail debt market

The Securities and Exchange Board of India (Sebi) plans to create a specialised category of distributors for debt securities—mirroring the mutual fund distribution model—to widen retail participation in India’s bond…

Dixon Tech shares jump 10% despite Q4 profit sliding 36%

Shares of Dixon Technologies surged nearly 10 per cent on Wednesday despite the company posting a 36 per cent fall in net profit to ₹256 crore in the quarter ended…

Rolls-Royce and HAL’s joint venture IAMPL inaugurates expanded manufacturing facility in Hosur

International Aerospace Manufacturing Private Limited (IAMPL), a 50:50 joint venture between Rolls-Royce and Hindustan Aeronautics Limited (HAL), on Wednesday inaugurated its expanded manufacturing facility in Hosur, Tamil Nadu, strengthening advanced…

Broker’s call: KPI Green (Buy)

Target: ₹562 CMP: ₹435.20 KPI Green Energy has delivered a strong performance in Q4-FY26 and FY26, exceeding our estimates despite delays in power evacuation for the recently commissioned 376 MW…