The total mcap of BSE listed companies dropped by ₹4.73 trillion to ₹4,63,79,242 crore versus the previous session’s mcap of ₹46,852,324.31 crore. Indian stock market indices Sensex and Nifty 50 slumped 1 per cent in trade on Tuesday, dragged down by a sharp selloff in IT counters amid rising fears of AI-led disruption. The…
The grand total of vehicles across categories grew by 23.5% y-o-y to 24,50,944 units as compared with 19,83,771 units in the corresponding month last year Passenger vehicles (PVs), two-wheelers and three-wheelers posted their highest-ever domestic wholesales (dispatches to dealers) of January in 2026, with double digit growth, compared to January 2025, the Society…
Jio BlackRock enters active equity space with FlexiCap Fund, leveraging BlackRock’s SAE approach and offering a low 0.5% expense ratio via direct channels Jio BlackRock Mutual Fund (MF) on Tuesday announced its entry into the active equity space with the launch of the Jio BlackRock FlexiCap Fund. The fund house plans to stand…
Although collections remained above Rs 1.8 lakh crore for a seventh consecutive month, they were lower than the Rs 2.1 lakh crore average achieved in the first quarter of FY26 GST collections for July GST collections rose to Rs 1.96 lakh crore in July, recording a faster 7.5 percent increase from the year-ago period, according…
The company plans to raise Rs 2,150 crore (around $250 million) through a fresh issue of shares as part of the offering, Moneycontrol earlier reported. Lenskart is likely to skip the confidential filing route offered by SEBI and instead proceed with a standard DRHP filing Omnichannel eyewear brand Lenskart has filed its draft red herring…
India’s largest IT services firm, TCS, plans to lay off 12,261 employees—around 2% of its global workforce—this year. TCS will reduce workforce by 2% or 12,261 employees primarily in middle and senior grades Layoffs are skill and capability based, not driven by AI productivity gains IT Ministry is monitoring and emphasising employment growth and skilling…
Quick commerce now accounts for nearly half of Eternal’s annualised net order value (NOV), with Blinkit surpassing food delivery on key metrics. In a significant milestone for Eternal, quick commerce platform Blinkit has overtaken the company’s food delivery business (formerly Zomato) in both gross and net order value for the first time in the June…
Anthem Biosciences IPO shares will be listed on both NSE and BSE on July 21, while the allotment is expected on July 17. Anthem Biosciences IPO fully subscribed on July 15. Anthem Biosciences IPO got fully subscribed at 1.15 times on the second day of share sale on July 15. The initial share sale…
RBI has barred banks and NBFCs from levying pre-payment penalties on floating rate loans to individuals and MSEs for business use, effective January 1, 2026. Mumbai, Jul 2 (PTI): The Reserve Bank of India (RBI) on Wednesday instructed banks and other financial institutions not to levy any pre-payment charges on all floating rate loans and…
Top gainers: Top gainers on Sensex were Kotak Bank, Bajaj Finance, Axis Bank, IndusInd Bank, PowerGrid, Maruti and Bajaj Finserv shares, rising up to 3.19%. Benchmark indices Sensex and Nifty closed higher for fourth straight session as rate sensitive shares extended gains triggered by 50 bps repo rate cut last week. Nifty closed at…