“RBI Approves Tata Capital’s NBFC-ICC Conversion”
15 august 2024 : The Reserve Bank of India (RBI) has granted approval for Tata Capital Limited (TCL) to transition from a non-banking finance company (NBFC)-core investment company (CIC) to…
“ED Summons Dabur’s Mohit Burman in Religare Money Laundering Probe”
14 august 2024 : The Enforcement Directorate (ED) has summoned Mohit Burman, Chairman of Dabur India, along with three independent directors from Care Health Insurance and the manager overseeing the…
Wholesale Inflation Drops to 2.04% in July
14 august 2024 : Following four months of continuous increases, wholesale inflation experienced a decrease to 2.04% in July, as reported by the most recent government data published on Wednesday.…
Mauritius Regulator Rejects Hindenburg Report’s Shell Company Claims
14 august 2024 : The Financial Services Commission (FSC) of Mauritius has denied claims by the recent Hindenburg report on the country being a “tax haven” and objected to the…
GST Council to Meet on September 9; Rate Talks Expected
14 august 2024 : Rate rationalisation, covering the future course for tax slabs and correction of inverted duty structure, under the Goods and Services Tax (GST) regime, notices being sent…
India’s MSCI Index Weight Rises; $3B Inflows Expected
14 august 2024 : MSCI Inc has added seven stocks including Rail Vikas Nigam (RVNL), Oil India, Vodafone Idea, and Zydus Lifesciences in MSCI India Index, resulting in net passive…
FirstCry Shares Surge 40% Above IPO Price
13 august 2024 : Prior to the opening of the issue, the company successfully secured ₹1886 crore from 71 anchor investors, which included prominent entities such as SBI Mutual Fund,…
Retail Inflation Drops to 5-Year Low of 3.54% in July
13 august 2024 : Retail inflation experienced a notable decline, reaching a five-year low of 3.54 percent in July, primarily due to lower food prices and a favorable base effect,…
Why Hindenburg’s Latest Report Had Little Impact on Indian Markets
13 august 2024 : Contrary to the apprehension, the latest Hindenburg Research report largely had minimal effect on the Indian stock market on Monday. The fear among investors, specifically the…
Sensex, Nifty Fall Early; HDFC Bank Weighs Down
13 august 2024 : Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday dragged by blue-chip HDFC Bank and fresh foreign fund outflows. Also mixed trends from…