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Indian Gas Exchange (IGX) CEO Rajesh Kumar Mediratta advocated for an independent system operator to ensure fair access to natural gas pipelines' full capacity for all market players. He proposed the split of gas companies into separate marketing an...

Jwalamukhi Investment Holdings, Infinity Consumer Holdings, WestBridge AIF I, Sixth Sense India Opportunities 11, and Konark Trust sold shares of Hindustan Foods in five separate block deals on the National Stock Exchange.

​Shares of Ramond surged 6% on Monday to its day’s high of Rs 2,675 on BSE as the National Company Law Tribunal (NCLT) approved the demerger of the company’s lifestyle business and the amalgamation of its consumer trading arm.

The National Company Law Tribunal (NCLT) has approved Raymond’s composite scheme of arrangement and restructuring, involving the demerger of its lifestyle business and the amalgamation of its consumer trading arm. The approval paves the way for a fo...

Investors in India's commercial real estate market favor single-owned properties for higher returns and operational efficiency. Abhishek Kiran Gupta, CEO and cofounder of CRE Matrix, emphasizes the quality difference between single-owned and strata-...

Republican lawmakers are urging the addition of Chinese battery companies CATL and Gotion High Tech to an import ban list, alleging their supply chains use forced labor. CATL and Gotion are linked to Ford and Volkswagen respectively. The lawmakers w...

RBI is set to release final guidelines for securitisation of stressed assets, potentially initiating a junk bond market in India.

Along with Hota, representatives of NPCI, State Bank of India, HDFC Bank and ICICI Bank have been made members of the committee. The platform will establish operational guidelines for the proposed processes, determining the extent of data to be prov...

The IRDAI has instructed insurance companies and insurance intermediaries not to call customers from a standard 10-digit mobile number in an effort to take harsh measures against fraudulent telecallers.

Vedanta's shares surged 3.6% on BSE to Rs 457.05 as SBI approved its demerger of its existing businesses into six independent entities, which is aimed for completion by December 2024.

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) provided relief to former Australian cricketer Brett Lee in a tax case, ruling that the notice served to him under the Income Tax Act was beyond the limitation period. The case involved a ₹...

"The rollover data and the price action on the index suggest that Bank Nifty will not be a laggard anymore. The line in the sand to cross is 50,500. Once this level is taken out, you can expect a decent rally on this index."

"Today, Credit Suisse AG has been deregistered in the Commercial Register of the Canton of Zurich," UBS said in a statement on Friday. It "has ceased to exist as a separate entity." The merger is an important next step in the task faced by UBS to se...

During the election season, PSU stocks, also known as 'Modi stocks', surged in value by Rs 7 lakh crore as investors showed confidence in PM Narendra Modi's policies and leadership, especially in defence PSUs like Cochin Shipyard and Bharat Dynamics.

Angel One, the country’s third largest stock broker, is set to undertake a major corporate restructuring exercise, according to two people in the know. Angel One is setting up a holding company under which all its different business entities will be...

​​In a separate deal, Nomura India Investment Fund bought shares of IRB Infrastructure Developers worth 256.59 crore on BSE. Shares of IRB Infrastructure Developers slumped 9.9% to close at 65.5 on Thursday.

Investments of some Russian funds in select securities that were permitted in a specific way are said to have reduced over a period of time indicating that funds are moving out of such securities, mostly short-term Treasury Bills, said market trader...

India may exempt GST on services between foreign airline operators' head offices and local entities. The fitment committee is reviewing for a final tax exemption decision, considering maintenance services, rental costs, and hotel accommodation.

Tata Mutual Fund has issued a public caution notice to alert its investors, distributors, brokers, investment advisors, partners, and the public about fraudulent activities on social media platforms. The notice highlights the presence of fake websit...