Akasa Air has received growth capital from Azim Premji, Ranjan Pai, and 360 ONE Asset; the Jhunjhunwala family has deployed fresh funds.

The consortium of investors includes the investment arm of Azim Premji, Claypond Capital – the investment office of Dr Ranjan Pai, as well as funds managed by 360 ONE Asset. The funds raised will fuel Akasa Air’s path to becoming one of the top 30 airlines in the world by the end of this decade,…

Trent, SBI, Hero Moto, ICICI Bank, Lupin, HDFC Bank among 16 stock picks for February

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…

NIFTY

A relief rally on the NSE Nifty is likely to occur in February, which would indicate derivatives data.

After a punishing few months, India’s benchmark NSE Nifty 50 index is poised for a relief rally in February, based on the changes in investors’ positioning in the derivatives markets, brokerages said. The Nifty has tumbled 11.3 per cent over the last four monthly derivatives series, each of which spans between the last Thursdays of…