The approval positions Starlink alongside OneWeb and Reliance Jio as India’s authorised satellite internet providers, with commercial rollout expected after spectrum allocation. Elon Musk’s satellite internet venture, Starlink, has received a key regulatory clearance from the Department of Telecommunications (DoT), Government of India, bringing it closer to launching its services in the country. With…
– Nippon India, DSP, and SAMCO introduce new fund offers – Funds aim for tax-efficient returns and exposure to resilient sectors – Investors targeted include those seeking alternatives to traditional investments Baroda BNP Paribas Large & Mid Cap Fund has allocated a significant portion of its portfolio to sectors such as Financial, Services, Technology,…
Analysts said the Nifty continues to trade within a narrow band and a decisive move beyond the 24,700–24,800 zone is likely to set the tone for the next directional move. Sensex, Nifty closed lower in a range-bound trade on Friday. The equity benchmarks ended lower on Friday in a range-bound trade, weighed down by losses…
Among important changes, SEBI has enhanced the Index Options position limit to Rs 10,000 crore from the earlier proposed limit of Rs 1,500 crore while net end-of-the-day limit has been enhanced to Rs 1,500 crore from the earlier proposed Rs 500 crore. Also, intra-day limits have been removed. The new Net end of day limit…
The IPOs of Sri Lotus Developers & Realty (Rs 800 crore), Travel Food Services (Rs 2,000 crore), Laxmi India Finance (Rs 200 crore), Indogulf Cropsciences (Rs 300 crore) and NSDL (Rs 3,000 crore) are likely to be launched in June, say market sources. The month of June is likely to see more than half a…
The rating agency projects the economy to log 6.4 percent growth in 2025, followed by 6.3 percent in 2026 and 6.4 percent in 2027 Potential growth raised to 6.4% by Fitch Ratings Indian economy could average 6.3 percent growth over the next five years, global ratings agency Fitch Ratings noted on May 22. The rating…
IndiGo declares dividend of Rs 10 per share IndiGo was expected to report a 19-27 percent jump in its revenues according to estimates by three brokerages. Interglobe Aviation Ltd, which runs low-cost airline IndiGo, on May 21, reported a profit of Rs 3,067.5 crore for the quarter ended March 31, 2025, flying into its second straight…
Discussions on non-tariff issues may take longer and are likely to continue According to sources, India is keen on completing the discussions and finalising an interim arrangement on tariffs before the reciprocal tariffs by the US kick in from July 9. India and the US are understood to be working on an early harvest…
Kotak AMC’s advice to investors is clear: avoid panic selling, continue SIPs, and stagger lump sum investments India’s decisive overnight strike — Operation Sindoor—targeting nine terrorist bases in Pakistan and Pakistan-occupied Kashmir (PoK), has reignited concerns over geopolitical tensions. But for market watchers, the key question is: Should investors panic or stay put? According to…
The FTA has taken place in the backdrop of growing economic relations between India and the UK, and the bilateral trade of about $60 billion between both nations is projected to double by 2030, a government statement has said. PM Narendra Modi made the FTA announcement after a telephonic conversation with his British counterpart Keir…