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…
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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…
Gold demand for weddings holds firm, but volumes may lose shine
The government’s move to sharply hike import duty on gold to 15 per cent is unlikely to dent Indian weddings significantly, though jewellers expect consumers to increasingly opt for lighter-weight…
Wipro Consumer Care Ventures invests in Moi Soi from its Fund II
The venture arm of Wipro Consumer Care and Lighting, Wipro Consumer Care Ventures, has announced an investment in Moi Soi, a premium Pan Asian foods and beverages brand from Ceres…
Higher duty may lead to gold demand lowering by 60 tonnes saving $2.5 billion: Economists
A hike in gold import duties is projected to trim annual demand by nearly 60 tonnes, potentially saving the exchequer $2.5 billion (approximately ₹24,000 crore) in import bills. While the…