Banking And Finance
RBI’s FCNR push may boost banks’ deposit growth: Crisil
Mumbai: With measures in place to boost , inflow of overseas funds could provide incremental support to banks’ deposit mobilisation in the current fiscal year, a report said on Tuesday.…
SpaceX falls below IPO price: How much of your money should be in futuristic tech?
Wall Street’s biggest tech companies saw heavy selling as investors have started questioning whether the AI-driven market rally had become too stretched. The Nasdaq and the S&P 500 fell to…
Why many Indians earning Rs 1 lakh still struggle to save
There was a time when earning Rs 1 lakh a month felt like the ultimate financial goal. I remember conversations where people would say, “Once I start earning six figures,…
What are focused funds? Meaning, investment strategy, key factors, benefits and risks
Focused funds are equity schemes that invest in a limited number of stocks, allowing fund managers to take concentrated bets. These funds are suitable for investors willing to take on…
Market
Broker’s Call: Stove Kraft (Buy)
Target: ₹900 CMP: ₹753.15 Stove Kraft (SKL) is witnessing a transition in kitchen appliance demand dynamics amid multiple tailwinds. The West Asia conflict disrupted India’s LPG supply chain, potentially triggering…
SEBI proposes common advertising code for regulated entities
The Securities and Exchange Board of India (SEBI) on Tuesday proposed a Common Advertisement Code (CAC) for specified regulated entities, seeking to replace multiple entity-specific advertising frameworks with a single…
Government to sell up to 2 per cent stake in IRFC via OFS from Wednesday
The government will sell up to 2 per cent stake in Indian Railway Finance Corporation (IRFC) through an offer for sale starting Wednesday. In a post on X, Department of…
Broker’s Call: Gateway Distriparks (Long)
Target: ₹76 CMP: ₹61.14 Despite near-term EXIM weakness driven by geopolitical disruptions and shipping dislocations, Gateway Distriparks (GRFL) continues to strengthen its rail logistics platform through network expansion, infrastructure investments…
Market
Trent chair Noel Tata set to retire, leaving behind retail powerhouse
Noel Tata will retire as chairman of Trent Ltd, ending a near three-decade journey with the retailer he helped transform from a post-Lakmé retail venture into one of India’s largest…
Honasa to acquire 58% stake in nutraceutical company Fluence Pharma
Beauty and personal care company Honasa Consumer Ltd will acquire 58% stake in Fluence Pharma, a science-backed nutraceuticals company, at an enterprise value of ₹135 crore. Honasa, which sells brands…
Sumeet Industries to raise ₹200 cr via rights issue
Sumeet Industries, a leading integrated polyester manufacturer, plans to raise Rs 200 crore through a rights issue aimed at enhancing financial flexibility and supporting the company’s strategic business priorities. The…
Aster-QCIL to invest ₹1,661 crore in Kerala, add 1,315 hospital beds
Aster DM Healthcare and Quality Care India Ltd (QCIL) has announced plans to invest ₹1,661 crore in Kerala to expand healthcare infrastructure by adding 1,315 new hospital beds in the…
Axis
