Despite this fall, the index is currently valued at 30 times price-to-earnings, down from the peak of 38 times, but still above the two-decade average of 25 times, according to Bloomberg data.
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 stakeholders will be gathered to improve the process, according to a circular.
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 of economic leadership under Trump 2.0 stoke investor fears.
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 Steel Limited under the Insolvency and Bankruptcy Code (IBC).
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 growth in the Indian frozen, chilled, and ready-to-cook foods market, which is currently estimated at…
Ahead of the update, shares of IndusInd Bank closed at ₹682.25 on the BSE, down 3.83%.
Under this, SEBI will assign unique IDs to each observation in a bid to simplify the tracking of both current and historical audit issues.
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 laid off approximately 500 employees across various departments, including wholesale, retail, and branch banking segments.
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. The project is anticipated to generate an estimated revenue potential of ₹1,350 crore, based on…
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 gained, while IT, FMCG, and oil & gas saw outflows.