Market News
Stay updated with the latest market trends, earnings, and economic indicators.
IRFC OFS wraps up with non-retail book fully subscribed, retail at 41.39%
Indian Railway Finance Corporation's (IRFC) offer for sale (OFS) concluded on Thursday with the retail portion receiving a 41.39% subscription, while the non-retail segment was fully subscribed on the first day.
HDFC Life reports 12 per cent premium growth in FY26, retail protection business rises 43 per cent
HDFC Life Insurance reported a robust 12% year-on-year growth in total premium for FY26, with its retail protection business soaring by 43%. The insurer solidified its position among the top three, achieving a 10.8% new business market share. Profit after tax reached Rs 1,910 crore, and assets under management grew to Rs 3.75 lakh crore.
Waka Waka! Indian consumer giants seek to roar louder in Africa
Indian consumer firms are significantly boosting investments in Africa, shifting from market entry to large-scale operations. Driven by a young population and underpenetrated markets, beverages, hair care, and personal care sectors are showing robust growth. Companies, such as GCPL, VBL, Dabur India and Marico are prioritizing local manufacturing and distribution, viewing Africa as a crucial long-term growth engine despite currency volatility and retail fragmentation.
Aastha Spintex IPO: Price band set at ₹125-136 per share; check key dates, issue details
Aastha Spintex IPO offers shares at ₹125 to ₹136, open for subscription from June 29 to July 1. The offering allocates shares to QIBs, NIIs, and retail investors, aiming to raise ₹170 crore for acquisitions and working capital.
India's retail lending sector entering multi-decade growth cycle driven by digital transformation, financial inclusion: Report
India's retail lending sector is poised for decades of growth, fueled by digital innovation, financial inclusion, and rising incomes. Housing, vehicle, and gold loans are set to expand significantly, with technology and data-driven approaches reshaping credit delivery. Experts highlight low credit penetration and rapid digital adoption as key drivers for this robust expansion, presenting compelling opportunities within the financial services landscape.
Falling gold prices put gold financiers Manappuram, Muthoot and others under pressure
According to brokerage firm Investec, the sharp run-up in gold prices, constrained supply in unsecured lending were tailwinds for the gold finance segment in the financial year 2026. Gold is now India's second-largest retail loan segment behind only mortgages.
A Decade Of Growth: Trent's Valuation Swells Nearly 50x To Rs 1.73 Lakh Crore Under Noel Tata
Noel Tata's legacy is cemented as one of the architects in modern Indian retail.
IRFC OFS opens for retail investors; check details, Day 1 subscription status - Upstox
IRFC OFS opens for retail investors; check details, Day 1 subscription statusUpstox
IRFC OFS opens for retail investors today. Should you participate? - Mint
IRFC OFS opens for retail investors today. Should you participate?Mint
IRFC shares fall 2% as OFS worth Rs 2,212 crore opens for retail investors today. Here's all you need to know
Indian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OFS), aiming to divest nearly 2% stake. The OFS, priced at a slight discount, saw strong institutional investor interest, leading to the exercise of the greenshoe option. Retail investors and employees can now participate in the sale, which aims to raise over Rs 2,212 crore.
PwC sees India’s asset wealth market doubling to $1.7 trillion by 2030
PwC says Indias AWM AuM will nearly double to $1.7 trillion by 2030, driven by digital retail investing, institutional capital, AIF growth, and GIFT City's expanding role.
IRFC OFS opens for retail investors today — All you need to know
The government's divestment drive continues to gain momentum as the IRFC stake sale comes after the recent OFS' in Coal India, Central Bank of India, NLC India, NHPC and General Insurance Corporation of India (GIC).