MAGNUM ENGINEERS

European Stocks Set for Longest Weekly Winning Streak Since May

European stocks were set for their fifth straight weekly advance, the longest streak of gains since May, as investors remained confident about earnings and artificial…

Vijay Kedia buys stake in smallcap SPML Infra via bulk deal

Ace investor Vijay Kedia has acquired a stake in SPML Infra. Kedia Securities bought over 14 lakh shares for approximately Rs 25 crore. SPML Infra…

Sebi overhauls mutual fund rules to boost transparency

Sebi has introduced new regulations effective April 1, 2026, lowering expense ratio caps for mutual funds and implementing a base expense ratio (BER) structure. 

Sebi approves separate auction session to determine closing stock prices

Sebi is revamping how stock closing prices are determined in India's equity cash market, moving from a 30-minute average to a new 20-minute Closing Auction…

Gaudium IVF, Sillverton Industries among 7 IPOs approved by Sebi

India's capital markets regulator Sebi has approved seven Initial Public Offerings. Companies in manufacturing, chemicals, logistics, healthcare, real estate, engineering, and precious metals can now…

SAT sets aside Sebi’s order against Bombay Dyeing, Wadia family

Sebi had in 2022 barred 10 entities, including Bombay Dyeing and its promoters Nusli N. Wadia, Ness Wadia and Jehangir Wadia, from accessing the securities…

Gold rates today: MCX gold slips ₹720 per 10g, silver plunges ₹7,000 per kg on easing geopolitical worries

Gold and silver prices fell on 16 January due to a stronger US dollar and reduced geopolitical tensions. Gold futures dropped by ₹721 to ₹1,42,400,…

Wipro ADRs fall 6% as Q3 profit declines, deal activity goes down

Wipro's US-listed ADRs dropped nearly 6% following its December-quarter results, as investors reacted to a 7% year-on-year decline in net profit. Despite improving margins and…

Reliance Industries sees marginal profit growth in Q3 driven by O2C, Jio

US stocks rise higher as chipmakers jump at end of choppy week

Indian markets saw a positive start to the trading week. Chipmakers are driving gains, boosting investor confidence in AI-driven demand. Financials faced pressure due to…

Reliance Retail Q3 net profit rises 2% to ₹3,558 crore, revenue jumps record ₹97,605 crore. Details here

For the quarter ending 31 December 2025, Reliance Retail reported a net profit of 3,558 crore, a 2% rise. Gross revenue hit ₹97,605 crore, up…