The Securities and Exchange Board of India (SEBI) is undertaking a comprehensive review of mutual fund regulations to make them more investor-centric and industry-friendly, a senior official said on Saturday (June 21, 2025). “We are reviewing the entire mutual fund regulatory framework to enhance ease of doing business for all stakeholders, including the regulator,” SEBI…
Gandhinagar Municipal Corporation’s (GMC) debut municipal bond issue received an overwhelming response from investors, being oversubscribed nine times, marking a historic financial milestone. The ₹25-crore bond offering garnered bids worth ₹225 crore in just one hour during the subscription window on the National Stock Exchange, reflecting strong investor confidence in the civic body’s financial credentials,…
Image for representational purposes only. | Photo Credit: Reuters The rupee depreciated 14 paise to 86.57 against the U.S. dollar in early trade on Thursday (June 19, 2025), as safe-haven demand amid prevailing risk-off sentiments pushed the dollar index higher. Forex traders said geopolitical uncertainties, prevailing risk-off sentiments, and elevated crude oil prices collectively pressured…
From the 30-Sensex firms, Tech Mahindra, Adani Ports, HCL Tech, Infosys, IndusInd Bank, Tata Consultancy Services, Tata Steel and Power Grid were among the major laggards. File | Photo Credit: The Hindu Benchmark indices Sensex and Nifty declined in early trade on Thursday (June 19, 2025) in-line with weak trends from global markets as the…
Kalanithi Maran, Chairman of Sun TV Network. File | Photo Credit: The Hindu Shares of Sun TV Network Ltd were down over 4% on Friday (June 20, 2025) morning, after DMK MP and former Union Minister Dayanidhi Maran’s legal notice to his elder brother Kalanithi Maran, Chairman of Sun TV Network and others. The legal…
A view of the Bombay Stock Exchange in Mumbai. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty rebounded in early trade on Friday (June 20, 2025) after a three-day decline tracking a positive trend in Asian markets and foreign fund inflows. After a flat start, the 30-share BSE Sensex later climbed 289.43…
Photo used for representation purpose only. | Photo Credit: Reuters Rupee rose 13 paise to 86.60 against the U.S. dollar in early trade on Friday (June 20, 2025) over a decline in global crude oil prices and a weakening greenback. The rupee had lost 30 paise to close at an over two-month low of 86.73…
Representational image only. File | Photo Credit: The Hindu The Rupee appreciated by 14 paise to close at 86.59 (provisional) against the U.S. dollar on Friday (June 20, 2025) aided by a fall in global crude oil prices and a weakening greenback. A strong show in the domestic equity markets and FII inflows further supported…
A largely supportive trend overseas and renewed foreign capital inflows supported the domestic equities amid easing tension in the Middle East, traders said. File | Photo Credit: AP Equity benchmark indices Sensex and Nifty rebounded sharply by over 1% on Friday (June 20, 2025) after sliding for the past three sessions, propelled by bargain hunting…
HDB Financial Services. File | Photo Credit: Reuters HDB Financial Services on Friday (June 20, 2025) launched a ₹12,500-crore initial public offering (IPO), even as some regulatory issues surrounding the business persist. The company has set a price band of ₹700-740 for the fund raise, which is reportedly at a 66 per cent discount to…
