Market News
Stay updated with the latest market trends, earnings, and economic indicators.
SBI Funds Management fixes price band for ₹11,692 crore IPO; Details here
At the upper end of the price band, SBI Funds Management will have a market capitalization of nearly ₹1.17 lakh crore, which puts it at par or even higher than many Nifty 50 companies.
Amid Global Uncertainties, Par Panel To Study Evolving Economic Conditions In India
According to a Lok Sabha bulletin, the Standing Committee on Finance has chosen 'Evolving Economic Conditions in the Country' as an additional subject for detailed examination during the year 2025-26.
Banks seek RBI nod to let NRIs break & rebook existing deposits
To incentivise foreign currency inflows, the Reserve Bank of India will swap fresh dollar term deposits raised until end-September at par. In effect, the RBI will bear the entire hedging cost on deposits mobilised under the Foreign Currency Non-Resident (Bank), or FCNR(B), scheme. In line with the RBI's expectations, banks are passing on almost the entire benefit to depositors, making these deposits more attractive.
Banks seek RBI nod to let NRIs break & rebook existing deposits
To incentivise foreign currency inflows, the Reserve Bank of India will swap fresh dollar term deposits raised until end-September at par. In effect, the RBI will bear the entire hedging cost on deposits mobilised under the Foreign Currency Non-Resident (Bank), or FCNR(B), scheme. In line with the RBI's expectations, banks are passing on almost the entire benefit to depositors, making these deposits more attractive.
Vedanta faces buyback costs as bonds trade above par value
In a bold financial maneuver, Vedanta Resources has kicked off a substantial $3.6 billion bond buyback as part of a comprehensive $5.4 billion refinancing endeavor. This strategic decision is designed to lower borrowing expenses and prolong debt maturities. The company is actively in dialogue with investors across the globe to streamline new funding avenues.
JPMorgan upgrades PAR Technology stock rating after share count error By Investing.com - Investing.com India
JPMorgan upgrades PAR Technology stock rating after share count error By Investing.comInvesting.com India
RBI announces measures to attract foreign capital
The Reserve Bank of India (RBI) has announced few measures in order to attract capital flow. Firstly, for government securities under the Fully Accessible Route (FAR), the central bank is expanding the universe of specified securities by including all new issuances of 15-, 30- and 40-year tenor G-secs. In addition, limits pertaining to short-term investment, concentration and individual securities on FPI investment under the General Route are being removed. These measures along with the tax benefits provided by the government this morning should help attract foreign capital for government borrowing. Second, the limits for investment by NRIs and OCIs in equity instruments traded on the stock market without SEBI registration are being increased. Further, the same facility is being extended to all individual Persons Resident Outside India (PROIs) at par with NRIs and OCIs. Third, a facility of concessional forex swap will be provided till 30th September 2026 to incentivize ECBs by PSUs.
Rajnandini Fashion India share price: Stock lists at par with IPO issue price of ₹63 per share on BSE SME - Upstox
Rajnandini Fashion India share price: Stock lists at par with IPO issue price of ₹63 per share on BSE SMEUpstox
Voss Capital buys $10.5m in PAR Technology stock - Investing.com India
Voss Capital buys $10.5m in PAR Technology stockInvesting.com India
Microsoft is on a new AI journey after reworked OpenAI deal
The tech giant is pursuing new research avenues that the company hopes will put its AI models on par with rivals.
Innovision IPO Day 2: Issue sees tepid demand as GMP remains weak. Should you apply or not?
Innovision IPO GMP today is nil. This means that shares of Innovision are trading at par with the IPO price. At the prevailing GMP, Innovision IPO listing price will be the same as the offer price. Shares of Innovision IPO are slated to list on both BSE and NSE on March 17.