UK-based Prudential plc will acquire a majority 75 per cent stake in Bharti Life Insurance for Rs 3,500 crore from Bharti Life Ventures Pvt Ltd and 360 ONE Asset Management.…
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Muthoot FinCorp may dilute at least 10% stake in proposed IPO
Gold loan-focused non-banking finance company (NBFC) Muthoot FinCorp is likely to dilute a minimum 10 per cent stake in its proposed initial public offering (IPO), while proceeds from the issue…
Meta 20 May layoff: As ‘doomsday’ nears, anxious employees stock up on free snacks, chargers; apply to jobs preemptively
As ‘doomsday’ nears for as many as 8,000 Meta employees, 10% of the global employees of Facebook and Instagram, workers are reportedly stocking up on free snacks, drinks and chargers.…
Govt imposes ₹3 per litre duty on petrol exports, cuts levies on diesel and ATF
Government imposes Special Additional Excise Duty of ₹3 per litre on export of petrol. According to official gazette notifications issued by Ministry of Finance, the Special Additional Excise Duty on…
Oil prices up over 2% after drone attack on UAE’s nuclear power plant
Oil prices climbed sharply on Monday after a drone attack near a nuclear power plant in the UAE heightened fears of fresh hostilities in West Asia. At 7:20 am, the…
Bought your first commercial vehicle? Here’s how insurance works
I own a small logistics business and recently purchased a light commercial vehicle for city deliveries. Since this is my first commercial vehicle, I’m not very familiar with how motor…
Stocks to buy for short term: From Kotak Mahindra Bank to Ashok Leyland – Jigar Patel of Anand Rathi recommends 3 shares
Stocks to buy for short term: Rising crude oil prices, weak , FII selling, and geopolitical concerns weighed heavily on the Indian stock market last week, dragging the benchmarks, the…
From Gift Nifty, US-Iran war, bond yields to oil prices: 10 key things that changed for Indian stock market over weekend
The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open lower on Monday, following weakness in global markets as escalating US-Iran war in the Middle East…
Stocks to watch: Ola Electric, Vodafone Idea, Coal India among shares in focus today
Stock market today: Benchmark indices Sensex and Nifty 50 snapped their two-day winning run on Friday, May 15, as profit booking weighed on markets amid weak global cues, a sharp…
Expert view: Crypto long-duration hedge against dollar debasement, sovereign debt, says Blue Aster Capital founder, CEO
Expert view: Sidharth Sogani Jain, founder, CEO and fund manager at Blue Aster Capital and CREBACO Global, believes gold, crude oil, and crypto hedge different problems, so investors should avoid…