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Indostar Capital Finance Ltd News

Flipkart plans India IPO next year, targets up to $70 billion valuation

The Walmart-owned company has initiated steps to relocate its holding company from Singapore to India, a move intended to smooth the path for a domestic listing

Flipkart plans India IPO next year, targets up to $70 billion valuation
Updated On : 22 Apr 2025 | 11:07 PM IST

Banking stocks lift markets for sixth day; Sensex, Nifty at 4-month highs

IIFL Capital estimated that these measures could boost banks' net interest margin between 1 basis point and 18 basis points and add about 1-4 per cent to net profit

Banking stocks lift markets for sixth day; Sensex, Nifty at 4-month highs
Updated On : 22 Apr 2025 | 11:02 PM IST

BFSI consolidates dominance in Nifty 50 index, up 2.6x at 37.9% since 2004

The sector's dominance in the Nifty index comes on the back of a 50x increase in market capitalisation over two decades

BFSI consolidates dominance in Nifty 50 index, up 2.6x at 37.9% since 2004
Updated On : 22 Apr 2025 | 11:01 PM IST

A rising tide lifts all boats: Market breadth indicator hits 16-year high

Advance/decline ratio for April 2025 currently at 1.59, a level last seen in May 2009

A rising tide lifts all boats: Market breadth indicator hits 16-year high
Updated On : 22 Apr 2025 | 10:57 PM IST

CCI clears 360 One, Bharti Life Ventures stake buy in Bharti AXA Life

The Competition Commission of India (CCI) on Tuesday cleared a joint proposal of wealth management firm 360 ONE and Bharti Life Ventures to acquire stakes in Bharti Axa Life Insurance Company.

CCI clears 360 One, Bharti Life Ventures stake buy in Bharti AXA Life
Updated On : 22 Apr 2025 | 10:29 PM IST

Dixon hits 3-month high, stock rebounds 36% from April low; here's why

The stock was the biggest gainer in the BSE 200 index on Tuesday and ended the day with a 5.35 per cent rise

Dixon hits 3-month high, stock rebounds 36% from April low; here's why
Updated On : 22 Apr 2025 | 10:29 PM IST

Sebi revises NAV cut-off timings for MF overnight scheme redemptions

For applications received up to 3 pm, the closing NAV of day immediately preceding the next business day will be applicable. For applications received after 3 pm

Sebi revises NAV cut-off timings for MF overnight scheme redemptions
Updated On : 22 Apr 2025 | 8:15 PM IST

Powerful Q4 performance anticipated for power sector amid rising demand

Cumulative all-India electricity demand over January-March was about 416BU compared to 400BU for January-March 2024

Powerful Q4 performance anticipated for power sector amid rising demand
Updated On : 22 Apr 2025 | 7:55 PM IST