Banking And Finance
SREI Finance withdraws plea against Nirmal Lifestyle Mulund’s revival plan at appellate tribunal
The debt-laden realty firm Nirmal Lifestyle (Mulund) Pvt Ltd’s one of the secured creditors, SREI Equipment Finance Ltd, has withdrawn it’s appeal before the (NCLAT) challenging the resolution plan, after…
Mutual fund factsheet explained: How to analyze returns, risk, portfolio holdings & performance like an expert
A factsheet provides crucial information about a scheme’s investment strategy, portfolio composition, risk profile, costs, and the fund manager’s approach. Think of a mutual fund factsheet as a report card…
Choose right personal loan by comparing interest rates, tenure and repayment flexibility
A personal loan is a way to meet urgent financial obligations, such as covering medical emergencies, funding higher education costs, planning a wedding or reconstructing your home. It can also…
Market
IDFC First Bank share price falls over 2% amid weak sentiment in Indian stock market
IDFC First Bank share price declined over 2% on Tuesday, snapping its three-day gaining run, amid a selloff in the broader Indian stock market today. IDFC First Bank shares dropped…
Small-cap multibagger stock Blue Cloud Softech Solutions share price jumps 44% in two days. Here’s why
Blue Cloud Softech Solutions share price extended its rally and hit a 20% upper circuit for the second consecutive session on Tuesday, led by strong buying interest from investors, after…
Small-cap stock Interarch Building climbs over 3% after announcing new orders worth ₹375 crore in June; details here
Small-cap stock Interarch Building Solutions rose more than 3% in intraday deals on Tuesday, 23 June, after announcing new orders worth ₹375 crore in June. Interarch Building Solutions’ share price…
What income makes you middle class in India? Here’s what data from NSE DRHP shows
India is witnessing the largest middle-class expansion in modern history, second only to China, according to the Draft Red Herring Prospectus (DRHP) filed by the National Stock Exchange (NSE). The…
Market
Jio Platforms IPO: RIL to not levy royalty for ‘Jio’ brand
Reliance Industries Ltd (RIL) will not charge any royalty to IPO-bound Jio Platforms Ltd for using the ‘Jio’ brand, departing from the common practice of promoters charging brand usage fees…
Personal guarantors find fewer escape routes under corporate insolvency
The noose is tightening around personal guarantors under India’s bankruptcy regime. Recent tribunal rulings and new disclosure requirements signal that promoters and directors who back corporate loans with their personal…
Gujarat regulator holds right-of-way obstruction can qualify as force majeure
In an important ruling, the Gujarat Electricity Regulatory Commission (GERC) has held that project delays arising from right-of-way (RoW) issues can, in certain circumstances, qualify as force majeure — events…
Two dead in a blaze at Dakshin Energy’s plant in Pharma City, Visakhapatnam
A fire accident at Dakshin Energy factory in Pharma City, Parawada, Visakhapatnam, left two dead and two injured. According to police, the fire broke out in the wee hours of…
Axis
