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POOLED MUNICIPAL DEBT OBLIGATION FACILITY
FPIs pump record Rs 39,640 crore into Indian G-Secs in June so farOverseas investors have poured a record ₹39,640 crore into Indian government bonds this June, driven by tax exemptions and expanded access ...
France shuts down nuclear reactors in heatwave precautionFrance's primary energy provider has temporarily halted two nuclear reactors amid a severe heatwave to protect rivers from excessive warmin...
West Bengal CM Suvendu Adhikari blames 'corruption' and 'bribes' for Taratala collapse, names ex-Mayor Firhad Hakim and 'Kali'West Bengal Chief Minister Suvendu Adhikari declared a zero-tolerance policy on corruption following a warehouse roof collapse in Taratala ...
After Lucknow fire tragedy, Chhattisgarh CM Sai orders statewide safety audit of buildingsFollowing recent fire tragedies nationwide, Chhattisgarh Chief Minister Vishnu Deo Sai has mandated a thorough safety review of all multi-s...
Alta Capital-backed Elevate, IIT Madras in pact for 1,800-bed student housing projectElevate Campuses, backed by Alta Capital, is partnering with IIT Madras on a Rs 400-crore student housing project. This large-scale public-...
ITAT: Accrued interest component on non-convertible debentures sales is taxable as interest incomeThe ITAT has held that the accrued interest component embedded in sale proceeds from non-convertible debentures cannot automatically be tre...
Meta, Microsoft lead $850 billion boom in data center leasesTech giants Meta and Microsoft are pouring billions into future data center leases, pushing industry-wide commitments past $850 billion. Me...
NARCL to expand beyond government guarantee modelIndia's state-backed bad bank, NARCL, is set to broaden its acquisition strategy, moving beyond government-guaranteed deals. This expansion...
Vodafone Idea raises Rs 1,182 crore from promoter Aditya Birla GroupVodafone Idea secured Rs 1,182 crore from promoter Aditya Birla Group via warrants, a crucial step towards its Rs 1 lakh crore cash generat...
BSE subsidiary ICCL adopts new brand identity as BSE ClearingThe company said the transition marks a significant milestone in strengthening alignment with parent entity BSE Ltd and reinforces its role...
Bain Capital CLO tranche defaults in post-2008 first for EuropeA European collateralised loan obligation managed by Bain Capital has defaulted on its most junior tranche, marking the first such failure ...
Sebi board meeting: Open market buyback is back and intraday borrowing for MFs; 5 key decisions investors should knowSebi approved a series of reforms to improve market efficiency and investor protection. Key changes include the return of exchange-based bu...
Sebi proposes easing margin trading funding rules, tighter broker normsSEBI has proposed reforms to the Margin Trading Facility, including increasing broker net-worth requirements to Rs 5 crore, permitting LLPs...
Dhan parent Raise Securities posts Rs 905 crore revenue, profit down 20% in FY26The company had reported net operating income of Rs 795 crore and a profit after tax of Rs 408 crore in FY25. The rating agency attributed ...
Gujarat to celebrate International Yoga Day at Mansa, over 1.25 crore people expected to participateGujarat gears up for the 12th International Yoga Day with a grand state-level event in Mansa, Gandhinagar. Over 4,000 citizens will join Ch...
Why the world is betting on China again, and what India must do about itChina's business environment prioritizes market share with strong government backing. The nation has shifted to high-quality, high-speed pr...
BMC announces 10% water supply cut: No water for swimming pools, action against misuse of drinking water and moreMumbai faces a severe water crisis as the BMC slashes supply by 10% to industries, commercial entities, and sports facilities due to critic...
Hudco mulls $1 billion foreign debt under RBI forex swap facilityHudco aims to secure one billion dollars in foreign debt. This will be achieved through the Reserve Bank of India's concessional forex swap...
Sebi plans to ease KYC rules for FPIs, offer more clarity to global capitalIndia’s financial watchdog, Sebi, is gearing up to make the investment terrain more inviting for foreign investors by reforming the Know Yo...
Revised common application form for FPIs notifiedThe government has notified a revised common application form for foreign portfolio investors (FPIs) to streamline registration and account...