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The resurgence of small-cap stocks is apparent as Foreign Institutional Investors (FIIs) and mutual funds join hands to invest in approximately 200 companies within...
Foreign Institutional Investors (FII)
The sell-off in small-cap stocks observed in March, triggered by negative remarks from Sebi, has proven to be a minor setback,...
Tech Mahindra surges by more than 12% following the announcement of a 15% EBITA growth projection by FY27
Tech Mahindra surges by more than 12%
Tech Mahindra, the fifth-largest IT company in India based on market capitalization, witnessed a significant surge of more...
Kotak Mahindra Bank share slung 10.03% due to RBI curbs on its new customer acquisition
Kotak Mahindra Bank news update
Kotak Mahindra Bank saw its share price plummet by 10% during early trading on Thursday following punitive measures by the...
Vodafone Idea’s FPO shares debut with a 7.78% premium, opening at Rs 11.80
Vodafone Idea's FPO:
Vodafone Idea's FPO shares opened at Rs 11.80 each, showing a 7.27% rise on the NSE from the issue price of Rs...
Credit card expenditures surged by 27% to reach Rs 18.26 trillion in FY24, as per RBI statistics
Credit card
Credit card expenditures increased by 27% year-on-year (Y-o-Y) to Rs 18.26 trillion in the financial year 2023-24 (FY24) from around Rs 14 trillion...
RBI takes significant measures against Kotak Mahindra Bank! The bank is prohibited from issuing new credit cards and digitally onboarding new customers
RBI takes significant measures against Kotak Mahindra Bank!
Serious deficiencies and non-compliances were observed in the areas of IT inventory management, patch and change management,...
The rupee reaches a two-week peak buoyed by enhanced risk appetite, while forward premiums see a slight increase
The rupee reaches a two-week peak
On Wednesday, the Indian rupee surged, supported by an uptick in risk appetite that boosted other Asian currencies. Additionally,...
“PayU Secures RBI’s Preliminary Approval as Payment Aggregator: A Significant Step Forward”
PayU secure preliminary approval of RBI
On Tuesday, PayU, a fintech company backed by Prosus, announced that it has received an initial approval from the...
Mahindra Finance experiences a 5% decline as the company postpones its earnings meeting due to the discovery of a Rs 150 crore fraud
Mahindra Finance
Mahindra Financial Services saw its stock price tumble by over 7% in early trading on Tuesday and bounce back to 5% negative following...
Vodafone Idea Follow-On Public Offering achieves full subscription
Vodafone Idea Follow-On:
The bidding for the follow-on public offer (FPO) of Vodafone Idea Ltd concludes today. Investors in the QIB and NII segments have...
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