SEBI issues operational framework for performance validation agency
To begin with, SEBI announced that verification services will be launched on a two-month pilot basis to test the system. During this period, feedback from…
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US stock market faces ‘waterfall decline’ risk as trade war escalates on Trump tariffs: Jefferies
Jefferies’ Christopher Wood warns of a looming ‘waterfall decline’ in US markets as initial calm turns to a $2.5 trillion selloff. Rising tariffs and lack…
Tata Steel challenges income tax reassessment on ₹25,185 crore debt waiver
The dispute arises from a ₹25,185.51 crore debt waiver linked to its acquisition of Bhushan Steel (now Tata Steel BSL Limited) through its subsidiary Bamnipal…
ITC invests ₹131 crore in Ample Foods, expanding frozen food footprint
The investment, comprising both primary subscription and secondary purchases of AFPL’s equity shares, aligns with ITC’s strategy to build a future-ready portfolio. ITC anticipates significant…
IndusInd Bank Q4 Update: Loan growth of only 1.4% from last year, falls sequentially
Ahead of the update, shares of IndusInd Bank closed at ₹682.25 on the BSE, down 3.83%.
SEBI introduces standardised format for system and network audit reports of MIIs
Under this, SEBI will assign unique IDs to each observation in a bid to simplify the tracking of both current and historical audit issues.
Yes Bank faces two senior level exits; portfolio reshuffle likely
These leadership exits coincide with a broader internal restructuring at Yes Bank aimed at enhancing operational efficiency and reducing costs. In June 2024, the bank…
Godrej Properties announces ₹1,350 crore project in Versova, Mumbai
The proposed development is estimated to have a developable potential of approximately 4.4 Lakh square feet of saleable area, primarily focusing on premium residential units.…
FIIs pour ₹17,000 cr into financials in March; IT, FMCG, oil out of favour
Foreign institutional investors (FIIs) pumped ₹26,000 crore into Indian equities in March, with ₹17,000 crore flowing into financial stocks, NSDL data shows. Telecom and healthcare…
Gold prices could surge to $8,000 an ounce over next few years: Swiss Asia Capital
Juerg Kiener, MD & CIO of Swiss Asia Capital, also shared the outlook on silver and crude oil prices.