Latest business news
Expert view on markets: Mohit Khanna, CFP, Fund Manager, Purnartha One Strategy, believes the Indian stock market may remain rangebound until we get clarity on trade negotiations with the US. In an interview with Mint, Khanna shared his views on key risks for the markets, sectors that can generate alpha and trends of Q4 earnings….
(Bloomberg) — US aviation safety regulators proposed temporarily limiting flights at Newark airport to no more than 28 arrivals per hour to reduce delays after a pair of radar and radio outages fueled major disruptions in recent weeks. The proposal mirrors an earlier one from the Federal Aviation Administration that, when counting an equivalent number…
Debt-ridden Vodafone Idea saw its share price rise by 3.6% in Wednesday’s session, May 15, closing at ₹7.23 apiece. The boost in the stock came after the company filed a fresh petition in the Supreme Court seeking relief on AGR (Adjusted Gross Revenue) dues. The company is requesting a waiver of over ₹30,000 crore, primarily…
The consultation paper, released on 2 May, suggests streamlining the placement document by focusing on relevant information. This includes updates to disclosures about risk factors, the use of proceeds, capitalization statements, and financial details. The objective, Sebi said, is to eliminate redundant information and enhance the clarity and relevance of disclosures for qualified institutional buyers…
Mutual funds may be allowed to enter various business areas currently out of bounds for them, with the stock market regulator reviewing regulations that govern asset management companies. The Securities and Exchange Board of India (Sebi) is conducting a major review of mutual fund regulation, which is “the lengthiest of all regulations”, executive director Manoj…
Shares of Muthoot Finance, a non-banking financial company (NBFC) specialising in gold loans, fell for the second consecutive day on Friday, April 11, dropping 8.13% to a three-month low of ₹1,965 apiece. The sharp decline came after the Reserve Bank of India (RBI) issued a new draft guideline for gold loans on April 9, aimed…