NSDL’s IPO will open for subscription on July 30 and close on August 1, with anchor investor participation beginning on July 29. The issue which is a pure offer for sale aims to raise around Rs 4,011 crore. Investors of National Securities Depository Ltd (NSDL) have been taken aback after the company announced its…
In labour-intensive sectors, tariffs on Indian exports to the UK have been slashed to nil from up to 20 percent on marine products, 12 percent on textiles and apparels, 8 percent on chemicals, and 10 percent on baseline metals, the Indian government said. India and the UK sign the Comprehensive Economic and Trade Agreement in…
Edelweiss Mutual Fund rebalanced its equity portfolios in June 2025 with sharp thematic pivots. The fund house exited TCS and Voltas while adding TVS, IRCTC, Trent, and Vishal Mega Mart. Edelweiss Mutual Fund undertook a significant portfolio reshuffle across its equity schemes in June 2025, signalling a tactical tilt towards domestic consumption themes, niche…
“The interim dividend shall be paid on Monday, August 4, 2025, to the equity shareholders of the Company whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Wednesday, July 16, 2025, which is the Record Date, fixed for…
The Rs 860-crore Crizac IPO, which comprises of solely offer-for-sale, will open for public subscription on July 2, and close on July 4. Kolkata-based Crizac, the international student recruitment solutions provider, has raised Rs 258 crore from 19 institutional investors through its anchor book on July 1, a day before the IPO opening. The Rs 860-crore…
The new 99 Store offers single meals at ₹99 with optional free Eco Saver delivery and aims to cater to Gen Z consumers seeking low-cost, everyday food options Food delivery platform Swiggy on Tuesday announced the launch of the ’99 Store,’ a new range of offerings on its application. The section, which is a…
Every fresh negative headline may cause temporary jitters, but the broader trend remains bullish, says a market expert The benchmark indices Sensex and Nifty rose nearly 1 percent on Monday, driven by gains in IT and oil stocks, value buying and a rebound in global equities amid easing crude oil prices despite tensions in…
Nominal GDP surged by 9.8% over the previous year, reaching ₹330.68 lakh crore, while real GDP at constant prices touched ₹187.97 lakh crore. The fourth quarter alone saw nominal GDP jump 10.8% to ₹88.18 lakh crore. India’s economy clocked a 6.5% growth in real GDP for FY 2024-25, according to provisional estimates released by…
Infosys was the biggest drag on the Nifty 50, falling 3.7 percent on concerns over slowing US client spend. The Nifty IT Index dropped as much as 3.1 percent to its lowest level since July 2025, extending its year-to-date losses to about 16 percentIn a highly volatile session, benchmark indices Sensex and Nifty ended marginally…
Domestic brokerage firm Axis Securities has chalked out as many as 16 stocks including Trent, SBI, HDFC Bank, HCL Tech, Lupin and more for the month of February 2025. Domestic brokerage firm Axis Securities has chalked out as many as 16 stocks for the month of February 2025. The brokerage claims that its basket…