Banking And Finance

RBI imposes penalty on IIFL Finance

Mumbai: The Reserve Bank on Friday said it has imposed a penalty of Rs 3.1 lakh on for certain deficiencies in regulatory compliance. The penalty was imposed for non-compliance with…

Buying or selling property in India as an NRI? Here are the rules you should know

Non-Resident Indians (NRIs) can buy and sell property in India, but such transactions are governed by the Foreign Exchange Management Act (FEMA), Reserve Bank of India (RBI) regulations and income…

Domestic travellers can now buy annual travel insurance for frequent trips: What’s included, how it works and more

Domestic travellers in India can now access a yearly insurance option for frequent trips, providing continuous protection and covering flights, trains, coaches, and highway travel, eliminating the need to purchase…

You can earn up to ₹69,000 monthly income from ₹1 crore FD in small finance banks. Here’s how

In an environment of persistent inflation and evolving interest rates, investors are increasingly looking for stable, predictable income options that protect capital while delivering regular returns. In 2026, small finance…

Market

Tata Steel Q4 Results: Profit zooms 147% YoY to ₹2,965 crore; dividend of ₹4 announced

Tata Steel Q4 Results: on Friday, 15 May, announced a massive 146.9% year-on-year (YoY) surge in the consolidated net profit for the fourth quarter of the financial year 2025-26 ended…

Small-cap stock Standard Engineering edges higher despite stock market sell-off

Standard Engineering Technology, a stock with a market capitalisation of ₹2,719 crore, closed Friday’s trade on May 15 with gains of 1.75% at ₹136.60 apiece, defying the weak broader market…

Hindustan Copper Q4 results 2026: Profit jumps 137% YoY to ₹444 crore; board recommends final dividend of ₹1.86 for FY26

Hindustan Copper Q4 results 2026: Hindustan Copper, on Friday, 15 May, reported a 137.3% year-on-year (YoY) jump in its March quarter (Q4FY26) consolidated profit to ₹444.27 crore. In the same…

Sensex, Nifty fall as rupee hits record low and crude oil surges

A historic slide in the rupee and surging crude oil prices overshadowed a brief midday rally on Dalal Street Friday, as Indian equity markets ended in the red for a…

Market

JioStar initiates legal measures against Zee entertainment for alleged unauthorised airing of Bollywood films: Report

Billionaire Mukesh Ambani’s Jiostar, the TV and online entertainment venture backed by Reliance and Walt Disney, has launched legal battle against Zee Entertainment, alleging that the broadcaster aired several Bollywood…

PVV Infra approves ₹50 crore preferential issue

PVV Infra, focused on Way Side Amenities and Renewable Energy Asset Development, plans to increase its authorised share capital to ₹170 crore from ₹120 crore to support future expansion and…

Wheels India posts 51% rise in Q4 consolidated net profit; revenue crosses ₹5,000-cr milestone in FY26

Ltd, the Chennai-based automotive component manufacturer, reported a 51 per cent increase in consolidated net profit to ₹58 crore in the fourth quarter ended March 31, 2026 over ₹38 crore…

Adanis agree to pay $18 million to settle SEC case linked to Adani green bond offering

Gautam Adani and Sagar Adani have agreed to pay civil penalties of $6 million and $12 million, respectively, to settle charges brought by the US Securities and Exchange Commission (SEC)…
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Axis

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