IT stocks snap three-day rally, plunge over 5% in sharpest fall in nearly four monthsIndian IT stocks experienced their steepest single-day fall in nearly four months, plunging over 5% as concerns about AI's impact on revenu...
AI boom: Global stock market order shuffles as Taiwan, South Korea overtake Western giantsAsian markets are making waves. South Korea's Kospi and Taiwan's stock market have surged, driven by the AI boom. These markets are now out...
Fairfax India makes open offer to buy additional 26% in IIFL Capital ServicesFairfax India Holdings Corporation has launched an open offer to acquire an additional 26% stake in IIFL Capital Services. This move follow...
High costs pull India Inc's foreign borrowing down 51%The rupee ended fiscal 2026 as the worst performer in Asia against the US losing close to 10% of its value in a year marked by record exits...
ECB filings halve to USD 5.43 billion in March: RBIIndian companies and lenders saw foreign borrowing filings drop significantly in March. This reduction occurred amidst global financial mar...
Fairfax India to raise stake in IIFL Capital to 51% with $211 million investmentFairfax India is set to increase its ownership in IIFL Capital to 51 percent. This move involves an investment of 20 billion rupees. The ca...
IIFL Finance plans to raise $400 million in ECBsIIFL Finance is aiming to raise up to $400 million through external commercial borrowings, with Standard Chartered, JPMorgan, and HSBC arra...
Julius Baer names interim India country head as Papneja departsJulius Baer has appointed Kunal Sumaya as interim country head for India. He will replace Umang Papneja, who is leaving after four years. P...
Resurgent in April, can bulls defy 'Sell in May' maxim?Indian stock markets may see continued gains in May. Investors should resist the urge to sell. While a repeat of April's strong rally is un...
FPI exodus in four months of 2026 surpasses all of last yearForeign investors have sold Indian stocks worth over ₹1.8 lakh crore in 2026. This outflow exceeds 2025's total. A weak rupee, high oil pri...
RBI rejects banks’ request to spread out Q4 treasury lossesThe RBI has declined banks’ request to stagger provisions for likely MTM losses in the March quarter. Banks had sought relief to cushion th...
Storm Rising! Safe transit for D-Street ends fast, short covering limits lossesNifty fell 207 points or 0.9% to close at 23,842. Sensex declined 702 points or 0.9% to end at 76,847. Both Nifty and Sensex had declined a...
NBFCs doing well, but Iran war, margins cloud road aheadNon-banking finance companies anticipate strong growth in the upcoming quarter. However, rising funding costs may limit profit margins. Ana...
Fairfax sells 3.2% stake in IIFL Finance for Rs 365 croreThe shares were offloaded at Rs 300.04 apiece, valuing the transaction size at Rs 365 crore.
Finance company, Kogta Financial, raises Rs 154 croreThe Morgan Stanley Private Equity Asia-managed fund invested about Rs 114 crore for a minority stake, while IIFL Seed Ventures, the first i...
- Selective buying can help discover value in small cos: IIFL
While FIIs focus on large-caps and keep out mid- & small-caps, there’s room to find value in this segment.
- India, China are emerging financial giants: IIFL Asia
India & China's weightage in global equity index has moved to 3.3% over the past 9 months. Gainers: BSE ( A, B ), NSE | Losers: BSE ( A, B ...