SEBI Clears 4 Passive Funds from Jio BlackRock as New Entrants Flood Mutual Fund Space
Jio BlackRock Mutual Fund secures SEBI approval for four new passive schemes, intensifying competition in the index fund space. Jio BlackRock Mutual Fund on July 15 received regulatory approval from…
SEBI Member Flags Short-Term F&O Surge, Hints at Longer Tenure Contracts
SEBI may soon consider extending the tenure of Futures and Options (F&O) contracts to improve the quality of India’s derivatives market. This comes after concerns were raised over the massive…
Tax Breaks Could Spur Urban Consumption, But Wage Growth Remains Crucial
India’s urban consumption has slowed down since FY24, primarily due to stagnant wages and tightened lending conditions. However, experts suggest that recent income tax cuts, falling inflation, and potential GST…
Zepto Founders Lead the Pack in Avendus–Hurun India’s Under-30 List
India's startup ecosystem just got a fresh dose of young energy as Zepto’s 22-year-old co-founders, Kaivalya Vohra and Aadit Palicha, top the prestigious Avendus Wealth Hurun India Uth Series 2025…
SBI’s ₹25,000 Cr QIP Sees 3X Oversubscription, LIC Leads Demand Surge
India’s largest public sector lender, State Bank of India (SBI), has made a powerful comeback to the equity markets with its ₹25,000 crore Qualified Institutional Placement (QIP). Launched on July…
Citi Turns Cautious on Indian Markets Amid Rising Valuations
In a major shift, Citigroup has downgraded Indian equities from ‘overweight’ to ‘neutral’, citing relatively high valuations and lack of exceptional earnings growth. This marks a significant turn from Citi’s…
Reliance Q1 Preview: Strong Profit Growth Expected as O2C, Jio, and Retail Lead the Way
Reliance Industries Ltd (RIL) is expected to post a strong set of earnings for the June quarter, supported by a sharp turnaround in its Oil-to-Chemicals (O2C) division, consistent subscriber additions…
Goldman Sachs Defies Market Trend with Thriving P-Note Business in India
While the broader market for India’s participatory notes (P-notes) continues to shrink, global investment giant Goldman Sachs is taking a different path—ramping up its P-note activity in the country. In…
Tech Mahindra Q1 Results: Profit Surges 34% on-Year to Rs 1,141 Cr, Driven by Cost Control
Tech Mahindra kicked off FY26 on a strong note, reporting a 34% year-on-year jump in net profit for the April–June quarter. The IT services major posted a consolidated profit of…
Sensex Flat, Nifty Holds Above 25,200; India VIX Slips 2%
The Indian stock market opened on a steady note on July 16, with the Sensex trading flat and the Nifty maintaining levels above 25,200. Investors appeared cautious, as broader market…
