ICICI Bank said it has received a warning letter from the Securities and Exchange Board of India (SEBI) for permitting a foreign portfolio investor (FPI) to repatriate funds before the…
Category: Market
PGIM MF caps SIP in global funds
PGIM India Mutual Fund has revised fresh SIP registrations in three of its overseas-focused funds – PGIM India Global Equity Opportunities Fund of Fund, PGIM India Emerging Markets Equity FoF…
SEBI to sharpen tech-led surveillance as online investment frauds evolve
SEBI is working on additional technology-driven tools to combat online investment frauds and strengthen digital trust in capital markets, as the regulator increasingly shifts its focus towards prevention, surveillance and…
Broker’s Call: Mahanagar Gas (Buy)
Target: ₹1,352 CMP: ₹1,074 According to Modern Intelligence report, India city gas distribution (CGD) is set to grow at a CAGR of 13 per cent during 2026-31. In order to…
Broker’s Call: Balkrishna Ind (Buy)
Target: ₹2,547 CMP: ₹2,192.20 Balkrishna Industries is a Mumbai-headquartered tyre company that manufactures and sells off highway tyres (OHT) to the earthmoving, mining, agriculture and gardening segments. In Q4FY26, its…
GIFT City-based Marcellus Global Equities Fund to open on June 8
Marcellus Investment Managers Private Ltd-GIFT IFSC on Thursday launched Marcellus Global Equities Fund, a retail scheme designed to give Indian investors direct access to world-class global stocks. The new fund…
Hexagon Nutrition raises ₹41.7 crore from anchor investors ahead of IPO
Hexagon Nutrition has raised ₹41.66 crore from anchor investors ahead of its proposed initial public offering (IPO), allotting 92.58 lakh equity shares at ₹45 apiece. According to the anchor allocation…
Meesho’s AI discovery engine PRISM now drives over 75% of orders
Meesho on Thursday said its proprietary AI system PRISM — Personalised Ranking & Intent Signal Module — now powers more than 75 per cent of all orders placed on the…
Wall Street mixed, Broadcom drags tech shares lower
US stock indexes traded mixed on Thursday, with technology shares coming under pressure after semiconductor giant reported earnings and issued guidance that fell short of analysts expectations. As of 10:15…
Broadcom shares plunge 15% on weak AI outlook, set for biggest one-day crash in over a year
Shares of Broadcom Inc crashed 15.3% on Thursday, 4 June, falling to around $406 apiece on the NYSE after the company’s fiscal second-quarter numbers and its decision not to raise…