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Stock broking firms tumble after new SEBI direction; Angel One tanks nearly 9%

At the close of trade, the stock of Angel One tanked 8.72 per cent, Geojit Financial Services tumbl…

PTI   


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Global automakers scale back electric vehicles, turn towards hybrids

Global electrification, previously driven by strong electric vehicle sales, is now showing signs of…

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JM Financial says will fully cooperate with Sebi in probe into public issue of debt securities

JM Financial Ltd has said it would fully cooperate with capital market regulator Sebi in its invest…

PTI   


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RBI bars JM Financial Products from financing against shares, debentures

The Reserve Bank on Tuesday barred JM Financial Products Ltd from providing any form of financing a…

PTI   


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IIFL Securities Q4 profit more than doubles to ₹180 crore

Total income surged 74 per cent year-on-year to Rs 704.4 crore for the quarter under review fro…

PTI   


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Rashi Peripherals IPO fully subscribed on Day 1 of offer

The initial public offer of information and communications technology products distributor Rashi P…

PTI   


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RBI curbs: JM Financial says 'no material deficiencies in loan sanctioning process'

JM Financial on Wednesday said it had a "careful and detailed review" of the Reserve Bank's order i…

PTI   


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JM Financial shares tank over 19%, mcap declines by ₹1,484 crore

Shares of JM Financial on Wednesday tanked over 19 per cent after the Reserve Bank imposed restric…

PTI   


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Beyond banking: How Slack is reshaping financial services for the digital age

In the ever-evolving landscape of financial services, technology has become the cornerstone of inno…

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JM Financial shares tank 9 pc in morning trade

Shares of JM Financial tanked 9 per cent in the mid-session trade on Monday after Sebi had barred J…

PTI   


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Zomato stock up after 10 crore shares worth ₹947 crore change hands

Around 10 crore shares of online food delivery platform Zomato, amounting to an 1.17 per cent of th…

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FIU imposes over Rs 1.66 crore fine on Axis Bank for failing to detect fraud NSG account

The Financial Intelligence Unit has slapped a fine of more than Rs 1.66 crore on Axis Bank for "fai…

PTI   


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Market Morning: Except for FMCG, consumer durables, sectoral indices open in red

During early morning trade, IndusInd Bank, Cipla, Tata Steel, Adani Ports and and SBI lost signific…

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Uniform KYC on the horizon! Here’s how the proposed process can ease the burden on customers and institutions

In a recent meeting led by Finance Minister Nirmala Sitharaman, a proposal was submitted for unifor…

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SEBI proposes to ease disclosure requirement for listed firms

The proposals, based on the recommendations of an expert committee chaired by SK Mohanty, former Wh…

PTI   


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Saudi Arabia's Neom dreams are starting to crack under financial pressure

The kingdom has struggled to attract the levels of foreign investment it needs to fully realize its…

Beatrice Nolan   


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The battle over Elon Musk's pay package is a showdown between his army of supporters and institutional investors

Mark your calendars. June 13 is the day of Tesla's annual shareholder meeting, where Elon Musk's pa…

Grace Kay   


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India’s central bank to establish cloud facility for financial institutions

India’s central bank, the Reserve Bank of India (RBI) is working on a dedicated cloud facility for …

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Allie Kelly   


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4 mins read

A case for investing in Government securities

Government securities, commonly known as G-secs, are debt instruments issued by the Government of I…