Banking And Finance
Muthoot FinCorp to dilute minimum 10% stake in IPO: CEO Shaji Varghese
Gold loan-focused non-banking finance company (NBFC) Muthoot FinCorp is likely to dilute a minimum 10 per cent stake in its proposed (IPO), while proceeds from the issue will be used…
What happens to your credit score if you miss EMI payment? Penalty and recovery strategy explained
Many borrowers and regular credit card users often believe that missing a single EMI payment is only a small financial mistake. They assume the amount can easily be adjusted in…
EPFO to extend auto-settlement of claims to include final withdrawals, allow auto-transfer of accounts — Check details
The Employees’ Provident Fund Organisation (EPFO) plans to extend its auto-settlement process to include final provident fund withdrawal claims, a top official at the retirement body told PTI. It is…
PF Balance Check: How to know whether EPF interest has been credited
The interest amount on an employee’s EPF (Employees’ Provident Fund) account is credited on March 31 at the end of every financial year. members currently receive annual interest at the…
Market
Karnataka’s The Hutti Gold Mines Company posts ₹844 crore profit in FY26
Karnataka-based state-owned gold mining company The Hutti Gold Mines Company has posted a net profit of ₹844 crore and a turnover of ₹1,910 crore for the fiscal year, resulting in…
Goldline Pharmaceutical IPO allotment date in focus today; latest GMP, step-by-step guide to check status
Goldline Pharmaceutical IPO allotment date today: Goldline Pharmaceutical IPO share allotment will be finalised today (Friday, 15 May). The investors who applied for the issue can check the Goldline Pharmaceutical…
AI-fueled momentum rally risks fading as history signals softer S&P 500 returns ahead: Report
The trajectory of both momentum and the broader S&P 500 would be dictated by the macroeconomic backdrop and the outlook for AI investment, Goldman Sachs said in a research report…
Reliance Jio IPO: How much-awaited IPO likely to impact Reliance share price?
Reliance Jio IPO: The much-awaited initial public offering of Reliance Jio, the telecom and digital arm of Reliance Industries Limited, is likely to comprise entirely fresh equity issuance. According to…
Market
Global space-tech major ICEYE to launch satellite production in India
ICEYE, a global leader in space-based intelligence, is set to establish its first Indian production facility within the next year to manufacture small satellites for defence, surveillance and environmental monitoring.…
JSW Steel, along with JVs, target 80 mt capacity by 2030: Joint MD & CEO Jayant Acharya
Aided by a rally in prices and low-cost inventory, has posted much better profits in the March quarter. With joint ventures with the world’s two largest steel companies JFE and…
JSW Steel’s JVs put it on track to be among top global steelmakers outside China
Mumbai: Two strategic joint ventures have set the Sajjan Jindal-led JSW Steel on course to becoming one of the world’s biggest steel companies outside of China. The first joint venture…
Prudential Plc to buy 75% Bharti Life stake for ₹3,500 crore, cut ICICI Pru Life holding to 10%
MUMBAI: UK-based Prudential plc on Sunday said it plans to acquire a 75% stake in Bharti Life Insurance and subsequently cut its holding in ICICI Prudential Life Insurance to 10%,…
Axis
