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2 mins read

Afcons Infrastructure IPO: Offer subscribed to 0.28x on day 2. Should you invest?

Globally, Afcons has undertaken multiple "first of its kind" infrastructure projects, like building…

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1 min read

SBI report projects 8-10% depreciation in rupee during Trump’s second tenure as US President

The State Bank of India predicts the Indian rupee could depreciate by 8-10% against the US dollar i…

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1 min read

Ventive Hospitality files papers with Sebi to raise Rs 2,000-cr via IPO

Also, the company may consider a pre-IPO placement aggregating up to Rs 400 crore. If such plac…

PTI   


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SBI aims to become first financial firm to cross milestone of Rs 1 lakh crore profit: Chairman

SBI recorded a standalone net profit of Rs 61,077 crore in FY24, registering a growth of 21.59%.

PTI   


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External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities

The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …

ANI   


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3 mins read

FDIs may shift to US under Trump 2.0 but it is unlikely to severely impact FDIs inflow to India, says SBI Report

It added that if similar policies are reintroduced in Trump 2.0 also, it could create challenges fo…

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Discouraging retail play in F&O may help banks garner deposits: SBI Chairman

Khara said the budget announcements like the tweaks on the short-term and long-term capital gains w…

PTI   


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4 mins read

Indian markets ease as profit booking follows record-breaking streak

Market participants were primarily focused on locking in gains after the indices reached record hig…

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Amid Global uncertainties stock market will appreciate companies with good fundamentals: SBI report

Amid the heightened volatility in the Indian stock markets, a report by SBI funds highlighted that …

ANI   


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3 mins read

KRN Heat Exchanger & Refrigeration's IPO opened for subscription today. Should you invest?

​From the funds raised, the company intends to invest Rs 242.5 crore in its wholly owned subsidiary…

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3 mins read

RNFI Services Limited IPO to open on July 22; company aiming to raise Rs 70 crores

RNFI Services Limited, offering advanced financial technology solutions, has announced its plan to …

ANI   


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Mobikwik replans market debut with plans of raising ₹700 crore

Fintech One Mobikwik Systems has filed a Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹70…

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3 mins read

Budget 2024: Tax alterations affecting stock markets — capital gains tax, STT on F&O, and more

Finance Minister Sitharaman’s 2024 Finance Bill revises capital gains tax: 20% STCG for some assets…

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TruAlt Bioenergy files IPO papers with Sebi; aims to mop up Rs 750 cr via fresh issue

The IPO is a mix of fresh issuance of equity shares worth Rs 750 crore and an offer for sale (OFS) …

PTI   


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Stock market closing: Nifty, Sensex close the day in red, Axis bank stock dips by 5%

Out of the 2,765 stocks traded during the day, 1,369 saw advances, while 1,318 declined, and anothe…

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3 mins read

Waaree Energies Limited opens for subscription today. Should you invest?

The company, which operates 4 manufacturing facilities in Gujarat, India, commenced operations in 2…

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2 mins read

Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions

Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …

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3 mins read

Stock market closing: Auto, IT, Media sectors close in red, Asian Paints, SBI Life amongst top gainers

Asian Paints (up by 3.29%), SBI Life (up by 2.18%), Divis Labs (up by 1.91%), Britannia (up by 1.57…

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3 mins read

Carnage on D-Street as Sensex and Nifty tumble by over 1%, investors lose Rs 13 lakh crore in 2 days

Both midcap and smallcap indices also witnessed significant bloodshed, with midcap 50 falling by 2.…