LIC, NSE’s largest shareholder with a 10.72% stake, received shares worth about Rs 450 crore in the excha ...More

LIC, NSE’s largest shareholder with a 10.72% stake, received shares worth about Rs 450 crore in the exchange’s anchor allocation ahead of its IPO. NSE raised Rs 6,746 crore from 189 investors at Rs 1,785 per share. ...Less

In a successful share sale, the National Stock Exchange captured the interest of more than 150 anchor inv ...More

In a successful share sale, the National Stock Exchange captured the interest of more than 150 anchor investors. Notably, overseas funds accounted for 43% of the stocks allocated for this category. Domestic institutional investors also played a crucial role, contributing significantly to the anchor book. Overall, the exchange raised ₹6,746.18 crore from these investors, with the public offering scheduled to open on Thursday. ...Less

Amid the backdrop of increasing US interest rates in August, fund managers proceeded with caution, priori ...More

Amid the backdrop of increasing US interest rates in August, fund managers proceeded with caution, prioritizing large-cap stocks that offered favorable valuations coupled with safety margins. Their approach in mid and small-cap investments was selective, choosing firms like LIC, Coal India, and notable pharmaceutical entities. There was also a surge in funding for NBFCs and research organizations in this period. ...Less

India's mega IPOs have yielded varied results for investors, with a notable four out of six trading below ...More

India's mega IPOs have yielded varied results for investors, with a notable four out of six trading below their initial issue prices, leading to disappointing returns. The upcoming IPO from NSE could encounter similar hurdles, primarily due to its high valuation and earnings that are closely tied to market volumes. Investors are advised to carefully evaluate valuation metrics and derivative dependencies before participating in this significant offering. ...Less

The NSE IPO, an offer for sale, is set to open for public subscription on September 17. The exchange secu ...More

The NSE IPO, an offer for sale, is set to open for public subscription on September 17. The exchange secured Rs 6,746 crore from 189 anchor investors. Prominent participants included LIC, Morgan Stanley, and Goldman Sachs in this pre-IPO allocation. This public offering aims to raise a total of Rs 22,561 crore. ...Less

India is grappling with a funding shortfall as long-term liabilities are rapidly decreasing. With bank de ...More

India is grappling with a funding shortfall as long-term liabilities are rapidly decreasing. With bank deposits and debts maturing in less than three years, crucial infrastructure projects requiring decades of support are at risk. To counter this issue, insurance and pension products are proposed to generate longer-term liabilities for investment, alongside tax incentives targeted at long-term savings. ...Less

IFCI, New India Assurance and other stocks rallied after the Rs 22,569 crore NSE IPO opened for subscript ...More

IFCI, New India Assurance and other stocks rallied after the Rs 22,569 crore NSE IPO opened for subscription. The companies have direct or indirect exposure to NSE, with several shareholders also selling stakes through the offer-for-sale. NSE’s IPO comprises 12.64 crore shares and is open for bidding until September 21. ...Less

LIC does not expect the government to sell another stake in the insurer in the immediate future, CEO R Do ...More

LIC does not expect the government to sell another stake in the insurer in the immediate future, CEO R Doraiswamy said. The state-owned insurer will focus on long-term investments, technology, simplifying claims and expanding protection and retirement products as it seeks wider insurance coverage. ...Less

Tirumala Tirupati Devasthanams will offer insurance coverage to every devotee through LIC. The temple tru ...More

Tirumala Tirupati Devasthanams will offer insurance coverage to every devotee through LIC. The temple trust also plans to construct new Srivari temples globally and across Andhra Pradesh. Reliance Foundation and Bharat Biotech donated electric buses to promote eco-friendly transport for pilgrims. The government intends to develop Tirupati as a wedding destination and a services hub. Plans include a skywalk, multi-storied parking, and solar panel installation on TTD buildings. ...Less

JM Financial highlights how soaring bond yields and policy rate hikes impact Indian NBFCs. While housing ...More

JM Financial highlights how soaring bond yields and policy rate hikes impact Indian NBFCs. While housing finance companies like LIC Housing Finance and PNB Housing Finance stand to benefit on NIMs, vehicle and MFI lenders face headwinds. Top stock picks include Aditya Birla Capital, Piramal Finance, and CreditAccess Grameen. ...Less

Life insurers reported a 33% YoY increase in total new business premium to Rs 41,198 crore in August, led ...More

Life insurers reported a 33% YoY increase in total new business premium to Rs 41,198 crore in August, led by a sharp rise in group single-premium business. LIC posted more than 45% growth, while SBI Life and HDFC Life saw stronger retail-weighted premium growth. ...Less

Radhakishan Damani’s 1.58% stake in NSE could see its value swing by nearly Rs 40 crore for every Rs 10 m ...More

Radhakishan Damani’s 1.58% stake in NSE could see its value swing by nearly Rs 40 crore for every Rs 10 move in the exchange’s share price after listing. His 3.91 crore shares are valued at around Rs 6,980 crore at the upper IPO price band of Rs 1,785. ...Less

Our technical analysts identify select stocks every trading day that may gain momentum even in volatile m ...More

Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical calls for today. ...Less

Five NSE F&O stocks recorded a rise of more than 5% in futures open interest on September 11. LIC Housing ...More

Five NSE F&O stocks recorded a rise of more than 5% in futures open interest on September 11. LIC Housing Finance led the list with a 20.39% increase, followed by PI Industries, Bank of Maharashtra, KEI Industries and Sagility. ...Less

Gland Pharma, LIC Housing Finance, Gujarat Energy, CAMS and Amber Enterprises India saw the highest mutua ...More

Gland Pharma, LIC Housing Finance, Gujarat Energy, CAMS and Amber Enterprises India saw the highest mutual fund selling among smallcap stocks in August, according to Dolat Capital. ...Less

ICICI Bank shares will be in focus after RBI approved LIC to acquire up to 9.99% in the lender within one ...More

ICICI Bank shares will be in focus after RBI approved LIC to acquire up to 9.99% in the lender within one year. LIC already holds over 4%. Despite recent weakness, ICICI Bank has gained 6% in 2026, with strong long-term returns. Major brokerages remain bullish on the stock. ...Less

The company proposes to buy back bonds maturing in April 2027 and April 2028 in an attempt to reduce borr ...More

The company proposes to buy back bonds maturing in April 2027 and April 2028 in an attempt to reduce borrowing costs and the buyback will be offered at a slight premium to the existing trading price, people familiar with the details said. The tender offer will be the first such buyback since MUFG purchased the stake earlier this year. ...Less

The Reserve Bank of India has approved Life Insurance Corporation's stake acquisition. LIC can now acquir ...More

The Reserve Bank of India has approved Life Insurance Corporation's stake acquisition. LIC can now acquire up to 9.99% of ICICI Bank's share capital. This approval is valid for one year from the RBI's letter date. The central bank's approval will stand cancelled if not utilized within this period. This acquisition is subject to compliance with all applicable regulatory provisions. ...Less

The NSE IPO could unlock significant hidden value for 26 listed shareholders, whose combined NSE holdings ...More

The NSE IPO could unlock significant hidden value for 26 listed shareholders, whose combined NSE holdings could be worth around Rs 94,619 crore at the tentative upper price of Rs 1,785 per share. LIC stands to benefit the most, with its 26.53-crore-share stake valued at around Rs 47,351 crore. ...Less

Indian stock indices, Sensex and Nifty, have extended their losing streak for a fifth week. Analysts sugg ...More

Indian stock indices, Sensex and Nifty, have extended their losing streak for a fifth week. Analysts suggest the indices have entered oversold territory, indicating a potential short-term rebound. Traders are advised to consider specific strategies like a Bull Put Spread for the September 29, 2026 expiry. Several top stocks, including Kotak Mahindra Bank and BHEL, are recommended for buying with defined targets. ...Less

On Thursday, Indian benchmark indices started with little movement, remaining in a narrow range as trader ...More

On Thursday, Indian benchmark indices started with little movement, remaining in a narrow range as traders reacted to the elevated crude oil prices that dampened investor sentiment. However, a boost from the Closing Auction Session allowed the indices to make a comeback and finish positively for the day. While foreign portfolio investors offloaded shares, domestic institutional investors stepped in as net buyers. ...Less

In a significant financial maneuver, Reliance Industries aims to secure ₹12,500 crore via a five-year bon ...More

In a significant financial maneuver, Reliance Industries aims to secure ₹12,500 crore via a five-year bond issuance, orchestrated by Indian banks. As liquidity from foreign currency deposits rises, banks are keen to channel these resources into corporate lending. This substantial inflow is predicted to stimulate credit growth in the near future. ...Less

Around nine equity mutual funds delivered over 20% returns in the last five years, led by infrastructure ...More

Around nine equity mutual funds delivered over 20% returns in the last five years, led by infrastructure and smallcap schemes. ICICI Prudential Infrastructure Fund topped the list with 22.21% returns, followed by LIC MF Infrastructure Fund and DSP India T.I.G.E.R Fund. ...Less

Seven equity mutual funds delivered over 20% returns in the last one year, led by TRUSTMF Small Cap Fund ...More

Seven equity mutual funds delivered over 20% returns in the last one year, led by TRUSTMF Small Cap Fund with a 32.28% gain. Five smallcap funds featured among the top performers, while 102 of nearly 292 funds posted negative returns. ...Less

Life insurers displayed impressive growth in new business premiums for August, with an overall year-on-ye ...More

Life insurers displayed impressive growth in new business premiums for August, with an overall year-on-year increase of thirty-three percent. This surge was predominantly driven by the single-premium and group business sectors, although retail-weighted premiums grew at a more moderate rate. Experts in the industry predict a return to more typical growth patterns in the following months. ...Less

Indian benchmark indices opened flat and remained under pressure throughout the session. Analysts suggest ...More

Indian benchmark indices opened flat and remained under pressure throughout the session. Analysts suggest the Nifty's immediate bias remains down, targeting key support levels. The India VIX, a fear gauge, rose significantly, indicating market anxiety. Foreign portfolio investors and domestic institutional investors were net buyers on Monday. The Indian rupee traded in a narrow range due to RBI intervention and oil price concerns. ...Less

General Insurance Corp, National Insurance, New India, Oriental Insurance and United India were among the ...More

General Insurance Corp, National Insurance, New India, Oriental Insurance and United India were among the earliest investors in the exchange, which opened in 1994 and is India's biggest by trading volume. The proposed IPO, expected later this month, is entirely an offer for sale of up to 148.91 million shares, which would mean that NSE itself will not receive proceeds from the issue. ...Less

The National Stock Exchange of India's IPO opens September 17, closing September 21. Its price band is se ...More

The National Stock Exchange of India's IPO opens September 17, closing September 21. Its price band is set between ₹1,700 and ₹1,785 per share. This offer for sale will raise ₹22,561.5 crore from existing shareholders. The issue size was reduced by fifteen percent from earlier proposals. Share allotment is expected September 22, with listing on September 24. ...Less

India's insurance sector anticipates strong demand for protection and savings products. LIC aims to adapt ...More

India's insurance sector anticipates strong demand for protection and savings products. LIC aims to adapt its distribution and product mix for a digital market. The company is enhancing its product portfolio and improving technology for better customer experience. LIC also focuses on asset management to provide competitive returns amid economic volatility. The corporation is prepared to script a more glorious chapter in service to the nation. ...Less

New LIC plans: Today, Life Insurance Corporation of India has unveiled two innovative insurance plans des ...More

New LIC plans: Today, Life Insurance Corporation of India has unveiled two innovative insurance plans designed to meet diverse needs. LIC's Bima Platinum focuses on providing savings alongside financial protection, featuring guaranteed additions. On the other hand, Jeevan Raksha offers essential risk coverage for families facing unexpected death. ...Less

India's premier stock exchange, NSE, has finally revealed the long-anticipated details of its initial pub ...More

India's premier stock exchange, NSE, has finally revealed the long-anticipated details of its initial public offering. Existing investors will sell fewer shares at a revised price band, aiming to raise between Rs 21,494 crore and Rs 22,569 crore. The public can subscribe from September 17 to September 21, with the official listing set for September 24, marking a pivotal advancement for NSE. ...Less

Over the last five years, BSE has emerged as the top performer in wealth creation. Meanwhile, NSE's unlis ...More

Over the last five years, BSE has emerged as the top performer in wealth creation. Meanwhile, NSE's unlisted shares experienced more modest growth in comparison. MCX presents a longer pathway for growth due to its early involvement in commodity derivatives. Notably, NSE enjoys a structural edge with its strong market position and cash flow generation. Investors are encouraged to evaluate sustainability and valuations when making future investment choices. ...Less

JioBlackRock Flexi Cap Fund reshuffled its portfolio in August, exiting 21 stocks while reducing exposure ...More

JioBlackRock Flexi Cap Fund reshuffled its portfolio in August, exiting 21 stocks while reducing exposure to 34 others, including NALCO, Hindustan Zinc and RIL. It increased holdings in 17 stocks and added 22 new names. The fund’s portfolio grew to 136 stocks, with banks accounting for its largest sector allocation. ...Less

Subhash Chandra, along with eight others, is under scrutiny as the CBI has registered an FIR accusing the ...More

Subhash Chandra, along with eight others, is under scrutiny as the CBI has registered an FIR accusing them of inflating their net worth to secure loans fraudulently. This situation has led LIC Housing Finance to announce a staggering loss exceeding ₹1,322 crore. The Directorate of Enforcement will also step in with a money laundering investigation, and those accused can expect to be questioned soon about these dubious financial activities. ...Less

IDBI Bank shares fell sharply as investors focused on Fairfax Financial Holdings’ reported Rs 81-per-shar ...More

IDBI Bank shares fell sharply as investors focused on Fairfax Financial Holdings’ reported Rs 81-per-share offer for a 60.72% controlling stake. The proposed Rs 53,000-crore deal and potential CSB Bank merger are key developments for investors. ...Less

Axis Capital says faster government divestments could expand India’s investable equity pool, ease valuati ...More

Axis Capital says faster government divestments could expand India’s investable equity pool, ease valuation pressures and limit foreign outflows. A 15% reduction in government ownership could raise about Rs 6.6 lakh crore while supporting fiscal consolidation and increasing market liquidity. ...Less

The anticipated IPOs from Jio and NSE are under the microscope as experts examine their potential for lis ...More

The anticipated IPOs from Jio and NSE are under the microscope as experts examine their potential for listing-day profits. Historical data from past mega IPOs reveal a mixed bag in terms of performance, with certain offerings incurring losses. The success of these upcoming stocks will hinge on precise pricing and robust institutional demand. ...Less

State Bank of India plans to hire approximately twelve thousand personnel this financial year. The bank a ...More

State Bank of India plans to hire approximately twelve thousand personnel this financial year. The bank also intends to expand its network by adding around two hundred fifty new branches. SBI and its subsidiary will dilute up to one percent stake in the National Stock Exchange. This divestment is part of the National Stock Exchange's proposed initial public offering. ...Less

The Indian stock markets were under considerable selling pressure on Wednesday, highlighted by Brent crud ...More

The Indian stock markets were under considerable selling pressure on Wednesday, highlighted by Brent crude oil prices crossing the $100 mark. This uptick in oil prices dampened investor morale, prompting foreign portfolio investors to sell off shares. Conversely, domestic institutional investors capitalized on the situation to purchase stocks. Coupled with these changes, the Indian Rupee faced depreciation against the US dollar. ...Less

After a turbulent trading day, Indian stock indices bounced back significantly as oil prices and bond yie ...More

After a turbulent trading day, Indian stock indices bounced back significantly as oil prices and bond yields eased. The Sensex and Nifty ended with modest declines, having experienced deeper dips earlier. Previous climbs in crude oil prices and geopolitical issues had weighed down on investor confidence. Analysts suggest maintaining caution and closely watching Nifty’s support and resistance levels, highlighting particular metal stocks and equities to watch for the week ahead. ...Less

The Indian stock markets wrapped up on Tuesday near their crisis points, strained by high Brent crude oil ...More

The Indian stock markets wrapped up on Tuesday near their crisis points, strained by high Brent crude oil prices and geopolitical instability that dampened investor morale. Market analysts warn of an ongoing downward trend, calling for stronger highs and lows to initiate a turnaround. Despite foreign portfolio investors offloading shares, domestic institutional players capitalized as net buyers. ...Less

OP Bhatt resigned as Coforge chairman after board evaluation findings were withheld. KPMG uncovered incon ...More

OP Bhatt resigned as Coforge chairman after board evaluation findings were withheld. KPMG uncovered inconsistencies in separate board member and board evaluation reports. Key findings, including Bhatt's low scores, were not shared with all directors. Investors confronted Bhatt after KPMG highlighted these discrepancies and legal violations. Vivek Sharma was subsequently named interim chairperson of the company. ...Less

The Indian equity market ended the week on a positive note, with the Nifty increasing by 0.1 percent on F ...More

The Indian equity market ended the week on a positive note, with the Nifty increasing by 0.1 percent on Friday. Factors such as global market trends and easing fears of US interest rate hikes lent support to this rise. The India VIX, often seen as a fear gauge, declined by 5.8 percent, signaling lower market worries. ...Less

Quant Small Cap Fund, managed by Quant Mutual Fund, exited six stocks and added four new names in August ...More

Quant Small Cap Fund, managed by Quant Mutual Fund, exited six stocks and added four new names in August 2026. The fund increased exposure to 12 stocks while reducing holdings in seven others. Its portfolio stood at 104 stocks, with HFCL commanding the highest allocation at 6.70%. The fund’s AUM rose to Rs 35,557 crore during the month. ...Less

The CBI registered an FIR against Essel Group chairman Subhash Chandra for alleged fraud. This action fol ...More

The CBI registered an FIR against Essel Group chairman Subhash Chandra for alleged fraud. This action follows his opposition to a tribunal bench hearing his insolvency case. A special NCLT bench stayed approval of a repayment plan, noting a lack of clear majority. Chandra's personal insolvency process revealed a significant disparity in admitted claims and proposed settlements. ...Less

Indian insurance regulators are rethinking intermediary payment structures to reduce misselling. Proposed ...More

Indian insurance regulators are rethinking intermediary payment structures to reduce misselling. Proposed reforms aim to lower distribution costs and improve policyholder value. However, these changes could negatively impact individual agents who reach uninsured populations. Banks, which also engage in misselling, may be less affected by the reforms. Sharper tools like clearer disclosures and product simplification are suggested instead. ...Less

VA Tech Wabag shares rose nearly 3% after securing a medium-sized repeat order from Reliance Industries t ...More

VA Tech Wabag shares rose nearly 3% after securing a medium-sized repeat order from Reliance Industries to design and commission an advanced Effluent Treatment Plant at Jamnagar’s Dhirubhai Ambani Green Energy Giga Complex. The project will use advanced chemical, biological and sludge treatment technologies and is scheduled for completion within 13 months. ...Less

Domestic equities closed mixed as the Nifty saw a slight decline. Elevated crude oil prices are keeping i ...More

Domestic equities closed mixed as the Nifty saw a slight decline. Elevated crude oil prices are keeping investor sentiment cautious in the market. Foreign portfolio investors were net sellers, while domestic investors bought shares. The Indian Rupee continued its gaining momentum against the US dollar. Several stocks are currently under the F&O ban period. ...Less

Eight flexicap funds recorded low five-year performance consistency, with returns ranging from 5.82% to 1 ...More

Eight flexicap funds recorded low five-year performance consistency, with returns ranging from 5.82% to 10.73% CAGR. Their risk remained acceptable, while investment styles varied across momentum, value and quality. ...Less

NSE’s IPO moved closer to launch after Sebi approved its draft offer document, with the proposed Rs 30,00 ...More

NSE’s IPO moved closer to launch after Sebi approved its draft offer document, with the proposed Rs 30,000-crore issue likely to list on BSE. The OFS could involve nearly 6% stake, with several shareholders selling. Strong financials, dominant derivatives market share and premium unlisted valuation make it a closely watched offering. ...Less

Canara Bank, Union Bank of India, and LIC Housing Finance will challenge a repayment plan. The National C ...More

Canara Bank, Union Bank of India, and LIC Housing Finance will challenge a repayment plan. The National Company Law Tribunal approved the plan for Dr Subhash Chandra's insolvency case. These lenders opposed the plan, which was approved by other private creditors. They are filing appeals before the National Company Law Appellate Tribunal. The lenders sought a forensic audit which was denied due to their voting share. ...Less

The Nifty index fell for a third straight day, closing lower amid rising market volatility. Analysts sugg ...More

The Nifty index fell for a third straight day, closing lower amid rising market volatility. Analysts suggest markets may face continued pressure due to oil prices and bond yields. Foreign portfolio investors and domestic institutional investors were net buyers of shares on Wednesday. The Indian rupee ended little changed, supported by the Reserve Bank of India. SAIL and LIC Housing Finance are currently in the F&O ban period. ...Less

The top eight equity mutual funds delivered over 40% returns on SIP investments in the last one year, wit ...More

The top eight equity mutual funds delivered over 40% returns on SIP investments in the last one year, with seven smallcap funds and one focused fund making the cut. Bank of India Small Cap Fund topped the list with a 49.99% return, while 247 of the 293 equity funds analysed delivered positive SIP returns during the period. ...Less

Gen Z is not rejecting homeownership. It is becoming more deliberate about the financial equation behind ...More

Gen Z is not rejecting homeownership. It is becoming more deliberate about the financial equation behind it. For this generation, a sensible purchase is one where the EMI fits comfortably alongside savings, investments and other financial goals. ...Less

During a recent hearing on a repayment plan challenge, Subhash Chandra, chairman of Essel Group, conteste ...More

During a recent hearing on a repayment plan challenge, Subhash Chandra, chairman of Essel Group, contested the constitution of the NCLT bench, asserting that it does not possess the power to create such a bench. This critical argument was made as the appellate tribunal is scheduled to address the issues again soon, particularly after the NCLT bench had put a hold on the approval of the repayment plan. ...Less

A consumer commission ordered Edelweiss Tokio Life Insurance to pay over fifty lakh rupees. The company r ...More

A consumer commission ordered Edelweiss Tokio Life Insurance to pay over fifty lakh rupees. The company rejected a widow's claim despite disclosed alcohol consumption by her husband. Hypertension and diabetes were also noted as lifestyle diseases by the commission. The insurer was found guilty of deficiency in service for rejecting the claim. The widow will receive the claim amount, interest, and compensation for harassment. ...Less

The NCLT has constituted a five-member special bench to resolve the deadlock over Zee founder Subhash Cha ...More

The NCLT has constituted a five-member special bench to resolve the deadlock over Zee founder Subhash Chandra’s repayment plan after three tribunal members delivered differing views. The plan involves ₹1,494 crore from principal borrowers and ₹6.25 crore from Chandra, who guaranteed ₹22,006 crore in Essel Group borrowings. Dissenting lenders oppose it. ...Less

Despite facing some challenges, Indian benchmark indices closed just above twenty-four thousand. The weig ...More

Despite facing some challenges, Indian benchmark indices closed just above twenty-four thousand. The weight of elevated crude oil prices and geopolitical uncertainties impacted market sentiment. Analysts foresee a trading range for Nifty between twenty-three thousand eight hundred and twenty-four thousand six hundred. On a positive note, both foreign portfolio investors and domestic institutions showed net buying activity on Tuesday. ...Less

NCLAT has deferred the insolvency proceedings against Zee founder Subhash Chandra to October 7 after his ...More

NCLAT has deferred the insolvency proceedings against Zee founder Subhash Chandra to October 7 after his counsel challenged the constitution of a five-member NCLT bench. ...Less

A special five-member NCLT bench stayed Subhash Chandra's repayment plan approval. The tribunal also rest ...More

A special five-member NCLT bench stayed Subhash Chandra's repayment plan approval. The tribunal also restrained the Essel Group founder from alienating any asset. This new bench stayed a smaller bench's earlier order which had approved the plan. Dissenting creditors had sought protection against the guarantor's asset alienation. The bench directed that the guarantor shall not alienate properties directly or indirectly. ...Less

Zee Entertainment shares crashed on Monday after the NCLT approved a repayment plan involving founder Sub ...More

Zee Entertainment shares crashed on Monday after the NCLT approved a repayment plan involving founder Subhash Chandra. The plan entails a recovery of around Rs 6.5 crore against admitted creditor claims of Rs 22,006.57 crore, implying a 99.97% haircut. ...Less

Nifty declined on Monday as crude prices and geopolitical worries impacted market sentiment. Foreign inve ...More

Nifty declined on Monday as crude prices and geopolitical worries impacted market sentiment. Foreign investors sold shares while domestic institutions bought them on the same day. The Indian rupee reached a four-week high against the US dollar. Investors will closely monitor upcoming economic data releases this week. Market analysts suggest a cautious approach due to ongoing global tensions. ...Less

Subhash Chandra's insolvency case: A tribunal bench referred the case for fresh adjudication. Lenders opp ...More

Subhash Chandra's insolvency case: A tribunal bench referred the case for fresh adjudication. Lenders opposed a proposed repayment plan offering a deep haircut. The appellate tribunal NCLAT will hear the lenders' plea against a third member's order. This dispute arises from differing interpretations of insolvency code provisions. The case involves admitted claims exceeding twenty-two thousand crore rupees. ...Less

Dissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. T ...More

Dissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. The Essel Group chairman's plan proposes a Rs 6.5 crore payment against creditor claims. Lenders argued that five entities linked to Chandra's family improperly influenced the voting process. The NCLT approved the plan after a third member ruled in its favor. The appellate tribunal will now hear the lenders' challenge on Tuesday. ...Less

Last week observed a notable decline in market valuations, with seven out of the ten top firms witnessing ...More

Last week observed a notable decline in market valuations, with seven out of the ten top firms witnessing a reduction of Rs 1.13 lakh crore. The greatest impact was felt by Bharti Airtel and Reliance Industries, linked to concerns over global interest rates and geopolitical instability. Nonetheless, there was robust buying in IT stocks, which facilitated a recovery in the market on Friday. ...Less

A new five-member bench will decide Subhash Chandra's repayment plan. This personal insolvency case invol ...More

A new five-member bench will decide Subhash Chandra's repayment plan. This personal insolvency case involves claims exceeding twenty-two thousand crore rupees. A previous division bench failed to reach a majority verdict on the plan. Dissenting lenders have approached the insolvency appellate tribunal regarding the matter. The bench will commence hearings on Tuesday morning. ...Less

Subhash Chandra Rs 22,006 crore case: Zee founder Subhash Chandra has shifted focus from Ambani allegatio ...More

Subhash Chandra Rs 22,006 crore case: Zee founder Subhash Chandra has shifted focus from Ambani allegations. He is now addressing outstanding dues and defending his personal insolvency plan. Borrowers linked to his Essel Group have agreed to settle their obligations. Chandra stated he acted as a guarantor for these borrowing entities. Lenders are challenging the low recovery from his personal estate. ...Less

HDFC Bank and LIC Housing Finance will challenge the NCLT ruling on the Zee Group debt settlement. The ap ...More

HDFC Bank and LIC Housing Finance will challenge the NCLT ruling on the Zee Group debt settlement. The approved plan includes a small payment from Subhash Chandra as guarantor. Several lenders had opposed this repayment plan, which was approved by the majority. Government officials clarified Chandra was a guarantor, not the principal borrower. ...Less

Subhash Chandra plans a professional role with Swiss investment firms. He will use his remaining Rs 6.5 c ...More

Subhash Chandra plans a professional role with Swiss investment firms. He will use his remaining Rs 6.5 crore for a repayment plan. Creditors will recover a fraction of their Rs 22,006.57 crore claims. The insolvency case stemmed from a personal guarantee for a loan default. Chandra expressed confidence in earning again and pursuing new ventures. ...Less

A special NCLT bench issued notices and banned property alienation in Subhash Chandra's insolvency case. ...More

A special NCLT bench issued notices and banned property alienation in Subhash Chandra's insolvency case. The tribunal noted no majority view on the proposed repayment plan. Creditors are set to recover a small fraction of their admitted claims. The case reached the five-member bench after differing views from a two-member bench. An appeal by dissenting creditors is now before the NCLAT for urgent hearing. ...Less

The government has achieved about 78% of its ₹80,000-crore FY27 disinvestment and asset monetisation targ ...More

The government has achieved about 78% of its ₹80,000-crore FY27 disinvestment and asset monetisation target within five months. It has raised ₹62,124 crore so far, led by a ₹31,515-crore LIC stake sale, while the strategic sale of IDBI Bank remains on the table. ...Less

Around 19 equity mutual funds delivered over 20% returns on lumpsum investments over the last one year, a ...More

Around 19 equity mutual funds delivered over 20% returns on lumpsum investments over the last one year, according to an ETMutualFunds analysis. Small-cap funds dominated the list, with TRUSTMF Small Cap Fund topping the chart with a 33.73% return. Invesco India Smallcap Fund also featured among the top performers, delivering a 20.39% return during the period. ...Less

Subhash Chandra, the chairman of Essel Group, reassured lenders regarding the reconciliation of outstandi ...More

Subhash Chandra, the chairman of Essel Group, reassured lenders regarding the reconciliation of outstanding dues from borrowers. He highlighted that his personal debt stands at zero, backed by ₹22,000 crore in personal guarantees. The repayment strategy involves Chandra committing ₹6.25 crore from his own resources, while other entities cover ₹1,494 crore. Although most amounts have been repaid, some lenders are challenging the NCLT-approved plan and are considering appeals. ...Less

The United Forum of Bank Unions (UFBU), representing over 90% of India’s banking workforce, has announced ...More

The United Forum of Bank Unions (UFBU), representing over 90% of India’s banking workforce, has announced strikes on September 11 and September 28-30, followed by an indefinite strike from October 26 if its demands are not resolved. ...Less

Indian equity markets closed higher on Friday, ending a losing streak with IT stock gains. HDFC Bank's CE ...More

Indian equity markets closed higher on Friday, ending a losing streak with IT stock gains. HDFC Bank's CEO will not seek reappointment, while Mahindra & Mahindra expanded its EV battery service. Ola Electric received incentives, and Knowledge Realty Trust saw an offer for sale launch. NBCC signed an infrastructure project deal with NHPC, and KP Green Engineering secured new orders. ...Less

Delhi SIR draft voter list name inclusion: Delhi’s draft SIR electoral roll has left out around 47.7 lakh ...More

Delhi SIR draft voter list name inclusion: Delhi’s draft SIR electoral roll has left out around 47.7 lakh voters whose enumeration forms were not received or digitised during the verification exercise. Those missing from the draft can still seek inclusion by filing Form 6 with the required declaration and supporting documents between August 31 and September 30, before the final roll is published on November 4. ...Less

On Friday, Indian benchmark indices wrapped up the trading day positively, approaching their highs. Brent ...More

On Friday, Indian benchmark indices wrapped up the trading day positively, approaching their highs. Brent crude oil prices remained steady above $85 per barrel, contributing to a careful market sentiment. Analysts indicate that if Friday's high is surpassed, Nifty may target 24,350. Simultaneously, India VIX decreased by 3.5% to 10.68, reflecting a dip in market fear. ...Less

NCLT has approved a resolution plan allowing Zee founder Subhash Chandra to pay about ₹6.5 crore against ...More

NCLT has approved a resolution plan allowing Zee founder Subhash Chandra to pay about ₹6.5 crore against ₹22,006.57 crore in admitted claims in insolvency case. The 99.97% haircut has sparked controversy, but the claims relate to his role as a personal guarantor, not personal borrowing. Creditors can retain recovery rights against the principal borrowing companies. ...Less

Dissenting lenders have alleged that five entities linked to Subhash Chandra’s family controlled 61.78% o ...More

Dissenting lenders have alleged that five entities linked to Subhash Chandra’s family controlled 61.78% of voting rights and helped approve his personal insolvency plan. The plan proposes paying ₹6.5 crore against admitted creditor claims of about ₹22,006.57 crore, though Chandra disputes that claim amount. ...Less

Media baron Subhash Chandra states his personal insolvency claim totals Rs 3,992 crore. He has not borrow ...More

Media baron Subhash Chandra states his personal insolvency claim totals Rs 3,992 crore. He has not borrowed any money directly from any lender. Dissenting creditors claimed Rs 22,000 crore against him in proceedings. A third member of NCLT approved a plan for Chandra to pay Rs 6.5 crore. This decision allows for potential recovery from borrowing entities directly. ...Less

The NCLT has given the green light for Subhash Chandra's settlement of Rs 6.5 crore against outstanding d ...More

The NCLT has given the green light for Subhash Chandra's settlement of Rs 6.5 crore against outstanding dues of Rs 22,006 crore. This drastic resolution indicates a staggering 99.97 percent loss for the lenders. Congress has denounced this move as a travesty of the Insolvency and Bankruptcy Code. Despite dissent from creditors such as LIC Housing Finance, the tribunal emphasized its obligation to respect the commercial decisions made by creditors. ...Less

Indian equity markets experienced a decline on Thursday, influenced more by domestic challenges than glob ...More

Indian equity markets experienced a decline on Thursday, influenced more by domestic challenges than global trends. The Nifty index faced notable resistance in the 24,300 to 24,400 range, suggesting possible weakness that may push it down towards 23,900. Foreign portfolio investors sold off shares, whereas domestic entities made strategic purchases. Furthermore, the Indian Rupee closed marginally lower compared to the US dollar. ...Less

In August, both promoters and private equity funds collectively divested shares valued at nearly ₹58,000 ...More

In August, both promoters and private equity funds collectively divested shares valued at nearly ₹58,000 crore, marking a notable selloff as the stock market endeavored to rebound from recent downturns. The numbers revealed that private equity exits skyrocketed five times compared to previous months, achieving peak levels not seen since 2026. This influx of shares from promoters further heightened market liquidity concerns amid ongoing primary market activity. ...Less

The NCLT approved Subhash Chandra's insolvency plan, allowing a settlement of Rs 22,006 crore claims for ...More

The NCLT approved Subhash Chandra's insolvency plan, allowing a settlement of Rs 22,006 crore claims for Rs 6.25 crore. Dissenting lenders find this payout unviable, while government sources call the haircut figure misleading. Chandra disputes the total claim amount against him, stating it is lower. Creditors retain rights against principal borrowing companies and their assets. The case is exceptional and not a template for other insolvency resolutions. ...Less

Subhash Chandra has said Rs 6.5 crore remains with him and that he will have to pay the amount under the ...More

Subhash Chandra has said Rs 6.5 crore remains with him and that he will have to pay the amount under the insolvency plan, while rental income from a partly leased residential property covers his expenses. His remarks come after the NCLT approved a Rs 6.25-crore repayment plan against admitted creditor claims. ...Less

As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered t ...More

As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend. ...Less

If you look at India over a long period, the country has done well. However, the past two or three years ...More

If you look at India over a long period, the country has done well. However, the past two or three years have presented several challenges, including tariff-related and war-related issues. ...Less

Six equity mutual funds delivered over 25% returns in three years. Here are the top performers, along wit ...More

Six equity mutual funds delivered over 25% returns in three years. Here are the top performers, along with their AUM, expense ratios and ratings, according to MF Screener. ...Less

The National Company Law Tribunal approved a repayment plan for Essel Group founder Subhash Chandra. This ...More

The National Company Law Tribunal approved a repayment plan for Essel Group founder Subhash Chandra. This plan does not signify banks writing off nearly all of Rs 22,000 crore in loans. The Rs 22,006 crore figure represents claims against Chandra as a personal guarantor. Corporate borrowers remain liable for their debts, and creditors retain recovery avenues. This case is an exceptional personal-guarantor resolution, not a corporate debt write-off. ...Less

The OFS opened for non-retail investors on August 4, and saw strong participation. It now opens for retai ...More

The OFS opened for non-retail investors on August 4, and saw strong participation. It now opens for retail investors today. Investors can participate between 9.15 am and 3.30 pm using the separate OFS window on NSE and BSE. A minimum of 10% of the offer size has been reserved for retail investors. ...Less

HDFC Bank plans to appeal a bankruptcy court ruling concerning Subhash Chandra. The court approved a repa ...More

HDFC Bank plans to appeal a bankruptcy court ruling concerning Subhash Chandra. The court approved a repayment plan with a 99.97 percent haircut for lenders. HDFC Bank's claim of Rs 680 crore saw only 3.2 percent admitted. Lenders faced negligible recovery against over Rs 22,000 crore in admitted claims. The NCLT rejected objections, citing the debtor's estate value and potential future recovery. ...Less

Dissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash ...More

Dissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash Chandra's financials to probe how his networth fell from more than Rs 40,562 cr when he issued the guarantees to Rs 32 cr in 2025, the crowding out of lenders by related party entities in the committee of creditors (CoC), and the role of resolution professional (RP) Shiv Nandan Sharma in admitting questionable entities as creditors highlights the difficulties in recovery in high-profile cases. ...Less

Life Insurance Corporation of India received approval from the Reserve Bank of India. This allows LIC to ...More

Life Insurance Corporation of India received approval from the Reserve Bank of India. This allows LIC to increase its stake in HDFC Bank to 9.99 percent. Currently, LIC holds 4.11 percent of HDFC Bank's total share capital. The approval grants LIC flexibility to raise its investment in the lender. This development strengthens LIC's financial services sector exposure. ...Less

The insolvency tribunal NCLT approved Subhash Chandra's repayment plan. Lenders will receive only Rs 6.5 ...More

The insolvency tribunal NCLT approved Subhash Chandra's repayment plan. Lenders will receive only Rs 6.5 crore against Rs 22,006.57 crore claims. This represents a nearly 99.97 per cent haircut for the financial institutions. The tribunal rejected objections from dissenting creditors regarding the meagre payout. The approved plan is now binding on all creditors as per the IBC. ...Less

Mutual Fund CIO Umesh Mehta says Nifty mega caps may remain subdued as institutional ownership limits fre ...More

Mutual Fund CIO Umesh Mehta says Nifty mega caps may remain subdued as institutional ownership limits fresh buying and earnings momentum shifts towards mid- and small-cap stocks. He explains why Samco Flexicap Fund has allocated 70–75% of its portfolio beyond large caps, while highlighting opportunities in defence, power, AI ancillaries and gold, and warning about IPO-led liquidity pressures. ...Less

Hindustan Copper shares fell around 3%, after the government concluded its Rs 2,982-crore OFS, which was ...More

Hindustan Copper shares fell around 3%, after the government concluded its Rs 2,982-crore OFS, which was oversubscribed. The company also faces Rs 14.43-lakh fines each from BSE and NSE over board composition compliance. Despite short-term pressure, the stock has delivered strong long-term returns. ...Less

Around 49 equity mutual funds delivered over 15% CAGR in both the last three and five years, according to ...More

Around 49 equity mutual funds delivered over 15% CAGR in both the last three and five years, according to an ETMutualFunds analysis. HSBC Midcap Fund topped the three-year return chart, while Motilal Oswal Midcap Fund led over five years. The analysis excluded sectoral and thematic funds and covered regular growth options. ...Less

The mcap of Reliance Industries surged Rs 8,119.53 crore to Rs 17,78,175.59 crore and that of Larsen & To ...More

The mcap of Reliance Industries surged Rs 8,119.53 crore to Rs 17,78,175.59 crore and that of Larsen & Toubro climbed Rs 3,487.83 crore to Rs 5,62,460.94 crore. ...Less

Non-banking financial companies anticipate steady growth in the near future. Credit demand remains health ...More

Non-banking financial companies anticipate steady growth in the near future. Credit demand remains healthy, and asset quality is expected to stay stable. Vehicle financiers saw accelerated asset under management growth this quarter. Gold financiers experienced moderated growth after new guidelines were implemented. Power financiers continue to show the weakest performance in the sector. ...Less