Search the Business Directory
Stock Market
Precious Metals Pricing
Forex Rates
Business News
FPIs favour Indian debt inclusion in Bloomberg's Global Aggregate Index
Foreign portfolio investors have offered positive feedback on Bloomberg Aggregate Index services, boosting the likelihood of Indian debt being included in the global index. Participants…
ED widens probe into 50+ entities over penny stock laundering
The Enforcement Directorate is investigating over 50 individuals and firms for alleged money laundering through penny stock price rigging. Notices have been issued under the…
Why has CreditAccess Grameen fallen nearly 10% since its Q2 results?
CreditAccess Grameen's stock has declined due to concerns over higher credit costs stemming from delayed improvement in its portfolio at risk. Despite accelerated write-offs in…
NARCL acquires Rs 1,000-cr debt of Entertainment City for Rs 711 crore
The National Asset Reconstruction Company has taken over the debt of Entertainment City. Punjab National Bank accepted NARCL's ₹711-crore offer. This ends a year-long effort…
GMR Airports to issue ₹2,150 cr of non-convertible debentures to refinance Hyderabad airport debt, cut borrowing costs
GMR Airports reported a net debt of ₹34,000 crore. In Q2, the company raised ₹5,900 crore via non-convertible bonds in two tranches.
GST cuts fail to deliver the consumption boost for footwear, apparel sectors
Weak discretionary spending and erratic weather culminated in a lacklustre festive season for footwear and apparel retailers despite GST relief. This suggests that the broader…
FPIs pull out over Rs 1 lakh crore in September quarter, select counters still advance
Foreign investors divested shares worth ₹1.02 lakh crore in September quarter, with financial services firms, particularly NBFCs, experiencing significant stake reductions by foreign fund managers.…
GQG Partners raises stakes in 5 Adani Group companies
GQG Partners significantly boosted its stake in five Adani Group companies, including Adani Energy Solutions and Adani Enterprises, through substantial block deals totaling over ₹4,500…
Can Nifty cross 26,100 as global markets drag sentiment?
Indian stock indices ended lower on Tuesday, breaking a six-day rally amid global market weakness. The Nifty closed down 103.4 points at 25,910.05, while the…
Is PhysicsWallah’s stellar public debut the turnaround edtech sector was waiting for?
PhysicsWallah listed at a 33% premium to its IPO price, and its shares ended Day 1 at a valuation of ₹44,000 crore (about $5 billion).…
Ex-Investment Banker Charged With Leading Insider-Trading Ring
A former investment banker was charged with helping to hatch a global insider-trading ring from the Paris restaurant he owned.

