Latest posts
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Want insurance cover on your loan? IRDAI proposes new rules for lenders bundling the two; details here
IRDAI has proposed certain rules with an aim to provide clearer choices for borrowers considering insurance cover for their loans. Check full details here.
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Corporate NPS: why India needs to flip the retirement savings default
Corporate NPS offers tax benefits, low costs and long-term returns, yet only 5–6% of eligible private-sector employees participate. The answer may lie in changing one thing: the default.
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New luxury car or a pre-owned one? Here’s what depreciation, maintenance and financing mean for your wallet
Buying a luxury car is not just about comparing the price of a new model with a pre-owned one. Buyers should consider depreciation, loan interest, insurance, maintenance, warranty, repair costs and resale value to understand the actual cost of ownership.
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Premier Energies Commissions ₹3,293 Crore Solar Cell Plant in Andhra Pradesh: Where Is the 7 GW Facility Located?
Premier Energies has commissioned a new 7 GW N-type TOPCon G12R solar cell manufacturing facility at Naidupeta in Andhra Pradesh. The facility, developed with a capital expenditure of ₹3,293 crore, is spread across 101 acres and has started trial production. The new plant increases Premier Energies’ total solar cell manufacturing capacity from 3.6 GW to…
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Billionaire Ambani’s Reliance Industries eyes Rs 10,000 cr debt fundraise: Sources
Reliance Industries plans to raise around Rs 10,000 crore ($1.04 billion) via 10-year rupee-denominated bonds at a 7.90% annual coupon. Following a recent Rs 12,000 crore 5-year debt issuance, the oil-to-telecom major aims to secure funding ahead of the RBI’s October 7 monetary policy meeting amid favourable local yields.
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Sebi board meeting: PMS rules overhaul, FPI commodity trades among key decisions to watch out
Sebi’s upcoming board meeting aims to discuss significant changes to portfolio management services and settlement regulations. Proposed revisions could allow discretionary portfolio managers to make new types of investments, including overseas assets. The meeting is expected to review widening the accredited investor framework to increase market participation. Another key focus is enhancing foreign portfolio investor…
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PB Fintech loses Rs 22,700 cr from market value as stock crashes 26% after IRDAI’s reform plans. What Citi and Jefferies are warning
PB Fintech shares plunged 26%, wiping out nearly Rs 22,703 crore from its market capitalisation after IRDAI proposed changes to insurance commission structures. Jefferies flagged risks to distributor earnings, while Citi warned of a potential sharp compression in distribution economics across several high-margin insurance categories.
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Adroit Industries IPO: Opens At ₹126–₹134 Price Band; Subscribed Over 8.8x on Day Two
A Bhiwandi-based manufacturer of propeller shafts and driveline components has just crossed the halfway mark of its three-day bidding window, and the early read is more encouraging than most mainboard debuts get. Adroit Industries (India) Ltd opened its books on September 23 at a Rs. 126–134 price band, looking to raise Rs. 150.71 crore through…
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10 midcap stocks that have fallen up to 58% from their 52-week highs
Despite the Nifty Midcap 150 trading near peak levels, several individual constituents have suffered deep corrections. Data from ACE Equity reveals 10 prominent midcap stocks, including KPIT Technologies, RVNL, Tata Elxsi, and Swiggy, that have fallen between 37% and 59% from their 52-week highs.
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HSBC plans India equity broking return after 13 years amid IPO boom, sources say
After a decade-long hiatus, HSBC is gearing up to re-enter the Indian equity broking sector, responding to the increasing demands from wealthy clients and an active share sale market. The bank is set to introduce retail broking services shortly, leveraging its existing broking license. With this move, HSBC aims to enhance its equities platform and…