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ICICI Pru AMC launches 2 funds; Wealth Company signs up for EGR segment

ICICI Prudential AMC introduced two specialised investment funds with long-short strategies, while The Wealth Company signed up for NSE's Electronic Gold Receipts segment

Congress should stop being 'obstructionists', says FM Nirmala Sitharaman

Responsible Opposition does not engage in fear-mongering, says FM Sitharaman

Shyam Metalics eyes fresh investments in West Bengal amid expansion plans

Shyam Metalics plans to invest Rs 20,000 crore in West Bengal, including expansion at Kharagpur and Jamuria, subject to the new industrial policy

Tata Realty & Infra, Salesforce tie up for AI-led customer experience

Tata Realty has partnered with Salesforce to deploy AI-powered customer engagement tools aimed at improving responsiveness and lead conversion rates

Sebi proposes easing compliance norms for research analysts on call records

Sebi has proposed exempting research analysts from maintaining call records of interactions with institutional investors while retaining norms for retail clients

Gunveer Singh elevated as RBI Executive Director with effect from May 18

The Reserve Bank of India has elevated Gunveer Singh as Executive Director to oversee the Department of Payment and Settlement Systems

Royal Enfield sets sight on Tada in Andhra Pradesh for ₹2,500 cr facility

Royal Enfield plans ₹2,500 crore greenfield manufacturing facility in Andhra Pradesh

BSE could replace Wipro in Nifty 50 at September 2026 rejig: Quiddity

BSE may attract passive inflows of about $639 million if included in NSE's flagship Nifty 50 index during the September 2026 rebalancing, says Quiddity Advisors

Tata Electronics, ASML tie up for semiconductor manufacturing in India

The collaboration will focus on deploying ASML's holistic suite of advanced lithography tools and solutions for the Dholera Fab

ICAR to introduce performance ranking system for all institutions

Agri minister Shivraj Chouhan issues showcause notice to ICAR's Grapes Research Institute for administrative lapses

Vodafone Idea posts ₹51,970 crore Q4 profit on AGR dues relief boost

Aditya Birla group to infuse Rs 4,730 crore from Singapore-based promoter entity

Voluntary consumption cuts better than sharp fuel price hikes: Officials

India is relying on voluntary fuel conservation and restrained price hikes to shield consumers from the impact of the ongoing West Asia energy shock

Sebi eases FPI compliance norms amid continued overseas equity outflows

Sebi said CBDT has relaxed PAN allotment-related requirements for FPIs to ease onboarding and compliance amid sustained overseas outflows from Indian equities

Irdai to frame Sabka Bima, Sabki Raksha Act norms within six months

Irdai said fresh regulations and amendments to existing insurance norms will be completed within six months of implementing the amended insurance law framework

IHC becomes promoter of Sammaan Capital after completing open offer

Abu Dhabi's International Holding Company has acquired control of Sammaan Capital through an open offer and preferential allotment in a major NBFC investment deal

India's direct selling industry crosses ₹23,000 crore in FY25 growth

India's direct selling industry recorded turnover of Rs 23,021 crore in FY25, while women's participation in the workforce increased to 48 per cent

FinMin confident of coping with West Asia crisis with adequate fiscal room

The Centre says fiscal prudence and timely interventions have helped India cushion the economic fallout of the prolonged West Asia conflict

GQG sells Adani Ent shares; ASK, Lighthouse launch private credit funds

GQG Partners sold a 0.46% stake in Adani Enterprises for ₹1,435 crore, while Bagmane Prime Office REIT debuted strong and private credit funds gained momentum

Reserve Bank of India cancels registration of 7 NBFCs, including 2 CICs

Central bank revokes certificates of registration after business exits, merger-related changes and CIC classification adjustments

As equity markets wobble, fixed deposits can be an appealing alternative

With equity markets under pressure amid the West Asia conflict and interest rates expected to remain steady, fixed deposits are regaining appeal among low-risk investors