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Debutant Veranda Learning closes at Rs 160 on BSE, Rs 131 on NSE

The 20-per-cent divergence in the first day closing price exposed the chinks in the price discovery process, especially for smaller companies

Rakesh Jhunjhunwala divests Escorts stake; stock declines nearly 4%

The ace investor held 5.68% in the company at the end of February. Escort's latest shareholding pattern doesn't have his name in the public investors' list

EVs present an opportunity of almost Rs 3 trn for stakeholders: CRISIL

The opportunity includes potential revenue of Rs 1.5 trn across vehicle segments for vehicle makers, component manufacturers and Rs 90,000 crore in form of disbursements for vehicle financiers.

SC stays NCLAT order in DHFL case on Piramal's appeal

NCLAT in January this year had directed the lenders of Dewan Housing Finance Corporation to reconsider their decision regarding the valuation of the financial firm's avoidable transactions

NSE to reintroduce 'do not exercise' facility for stock options on Apr 20

The move will enable traders to manage their risk better, especially when it comes to out-of-the-money contracts

Delhi High Court asks RBI to look into plea against IndusInd Bank

Last year, an internal working group of the RBI had earlier recommended that promoters can increase their stake in private banks to 26 per cent from 16 per cent.

RBI restores pre-Covid timing of financial markets effective April 18

The trading hours were revised when the Covid-19 pandemic struck due to the opera­tional dislocations

Non-life insurers report 11% growth in premiums at Rs 2.2 trn in FY22

ICICI Lombard leads pack among private players, with 28% growth

Indices slip after US 10-year yield spikes; Sensex falls 482 points

Rising bond yields are considered to be negative for the equity markets, at least in the near-term.

False allegations against officials in Lonavala FIR: Kotak Mahindra Bank

Media reports quoting Lonavala police said an FIR had been registered against seven officials of the bank on the complaint of a Lonavala resident

Ruchi Soya to change the name of the company to Patanjali Foods

The board of Ruchi Soya also accorded its in-principle approval for evaluating the most efficient mode of enhancing synergies with Patanjali Ayurved Ltd's food portfolio on an arm's-length basis

Medfin raises $15mn in series B funding; plans to expand in 25 cities

Medfin, plans to complete 100,000 surgeries by the end of 2022

Marriott signs agreement with Ceres Hotels to bring St Regis to Goa

This follows a strategic conversion of The Leela Goa and will be Marriott's ninth hotel in the state

Two out of three employees in India prioritise health over work: Survey

Microsoft's Work Trend Index findings reveal that 70 per cent of Gen Zs and Millennials in India are somewhat or extremely likely to consider changing employers this year

Inflation expectation, consumer confidence rise, says RBI survey

'For a majority of population and age groups, uncertainty in inflation expectations increased for both three-month and one-year horizons, as compared to the previous survey round' the RBI said

Wipro names Capgemini global head Anis Chenchah as CEO of APMEA region

Chenchah also joins Wipro Executive Board; replaces N S Bala, who is moving to US for personal reasons

Monetary policy review: We want to withdraw ultra-accommodation, says RBI

We are watchful and the situation is dynamic and fast changing and all our actions will be tailored accordingly, says Shaktikanta Das

Ruchi Soya FPO investors gain 42% in under two weeks, shares end at Rs 925

The 66.15 million new shares issued in the FPO, which closed on March 30, commenced trading today

Markets snap three-day losing streak as RBI keeps policy rates unchanged

After Friday's gains, the Sensex gained 0.3% and the Nifty gained 0.6% during the week

Two separate Sebi panels to review ownership norms of MFs, trustees

Market regulator has said an alternative set of eligibility rules can be introduced to enable new players who otherwise aren't eligible to act as sponsors