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Stricter disclosure norms to take effect from Saturday: Sebi circular

The timelines granted by Sebi for most disclosures range between 12 hours and 24 hours

Patanjali Foods' OFS oversubscribed 1.8x; firm rules out greenshoe option

"We wish to intimate the exchanges of our intention not to exercise the oversubscription option." Patanjali Foods said

Utkarsh SFB IPO 15.3x on day 2; Netweb IPO price band Rs 475-500 per share

Netweb Technologies India, a high-end computing solutions provider, has set Rs 475-500 as the price band for its maiden share sale

LTI Mindtree replaces HDFC in benchmark Nifty; JSW Steel added to Sensex

Analysts said going ahead LTIMindtree and JSW might benefit as both the indices are popular benchmarks for ETFs

'Risk does not manifest in isolation', say senior managers at banks

'Banks want technology to be agile and nimble'

Are Indian banks ready to adopt the expected credit loss framework?

The sophistication that ECL is asking for is much more ahead and advanced compared to usual scoring models

Patanjali Foods' promoters plan to offload up to 9% stake through OFS

Share sale will help firm meet minimum public shareholding need

Utkarsh Small Finance Bank's IPO subscribed 4.2x on day 1 of issue

The company is issuing fresh shares worth Rs 500 crore in the IPO, which will be used for augmenting the bank's tier-1 capital base

Risk management: Not the time to drop guard for Indian banking sector

In the aftermath of the global financial crisis of 2008, regulators across the world focussed on 'conduct' risks

Future Enterprises receives EOIs from Jindal, Reliance Retail, GBTL

National Company Law Tribunal had ordered an insolvency resolution process against Future Enterprises in March

Industry welcomes GST exemption for startups into satellite launch services

ISpA says step will give financial relief to the players, incentivise segment's growth and help spawn indigenous launch capabilities, creating a level playing field for all

Visitors Conference 2023 concludes with focus on National Education Policy

Five different groups also deliberated on such broad themes as international cooperation in education as part of G20 efforts, diversity and inclusivity in nation's premier HEIs

Utkarsh Small Finance Bank raises Rs 222 crore from anchor investors

The price band for the issue is Rs 23-25 per share. At the top end, Utkarsh SFB will have a market cap of Rs 2,740 crore post-dilution

Kotak MF to leverage active plus passive strategy with Quant Fund

This is a first such scheme from Kotak MF

Minda Corp shares rise as company secures Rs 750 crore order from OEM

During the previous financial year, electric vehicles accounted for nearly 20 per cent of Minda Corporation's total orders.

US private investment firm Bain Capital in talks to acquire Vadilal

Bain Capital is also interested in merging the two Vadilal entities and is valuing Vadilal's ice cream business at over Rs 3,000 crore ($363.11 million)

India may be world's 2nd-largest economy by 2075, says Goldman Sachs

The report projected India's GDP at $52.5 trillion by 2075, behind China's $57 trillion but ahead of the US' $51.5 trillion

Life Insurance Corporation's new business premium grows 21% in June

For the 26 private life insurers, the group yearly renewable premium for June grew by 47 per cent to Rs 933.30 crore

Dream debut: Shares of EMS provider Cyient DLM gain 59% on Day 1

Cyient DLM's key clients include Honeywell International, ABB, and Bharat Electronics

Shopsy surpasses 200 million app downloads on its 2nd anniversary

Most of its users are from tier-2 and tier-3; firm says that other than price, tech features such as voice and image search, vernacular interface and AI-driven chatbots have fueled adoption