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SP Group bats for Tata Sons listing weeks ahead of RBI verdict
Shapoorji Pallonji urges RBI to enforce Tata Sons listing, saying it will unlock value, as RBI weighs exempting or declassifying Tata Sons from NBFC rules
S&P 500 gained for seventh straight day on Thursday but this segment sold-off again
The iShares Expanded Tech-Software Sector ETF (IGV) fell 4%, closing at the lowest level since 2023. The ETF has extended its year-to-date losses to 27%. Another index related to software-as-a-service (SaaS) companies declined nearly 5%, extending its decline for the week to 9% and a year-to-date drop to nearly 40%.
RBI proposes one-hour delay on high-value digital transfers to curb fraud
The Reserve Bank of India is proposing new rules to fight digital payment fraud. These include delays for certain bank transfers and extra checks for senior citizens. Customers will get a 'kill switch' to freeze all digital payments instantly. These measures aim to protect people as digital payments and fraud cases surge.
RBI proposes one-hour delay on high-value digital transfers to curb fraud
The Reserve Bank of India is proposing new rules to fight digital payment fraud. These include delays for certain bank transfers and extra checks for senior citizens. Customers will get a 'kill switch' to freeze all digital payments instantly. These measures aim to protect people as digital payments and fraud cases surge.
Trade Setup for April 10: TCS, IT stocks to decide next Nifty move
The Nifty is expected to find support around 23,500 before attempting a rebound, while 24,000 continues to be a key resistance level.
Bosch shares gain after UBS calls ₹9,068 crore deal 'value accretive'
Bosch Chassis Systems India represents the Vehicle Motion division of the Bosch Group in India and is a market leader in automotive safety systems.
Tata Mutual Fund reopens lump-sum investments in small-cap fund after market correction
Tata Mutual Fund has resumed lump-sum investments in its small-cap fund, citing better valuations after recent correction and improved opportunities for long-term capital deployment.
Correction in NBFCs, IT and realty offers entry as earnings stay steady: Anupam Tiwari
Anupam Tiwari, Head of Equity at Groww Mutual Fund, expects a strong current quarter with limited impact from oil shocks so far, but flags risks from the next quarter onward. He remains positive on premium consumption, NBFCs, manufacturing exports and capex, while adding IT and premium real estate after corrections. He believes market fears may be overstated, with much of the downside already priced in.
Sebi to focus on capacity building for independent directors: Pandey
Sebi chief flags gaps in governance effectiveness, urges independent directors to move beyond compliance and focus on accountability, insight, and long-term value creation
Wipro shares gain 3% after bagging Olam deal worth more than $1 billion
Wipro Limited share price surged 3% following a significant deal with Olam Group. This multi-year strategic transformation contract is valued at over one billion dollars. Wipro will also acquire Olam's IT division, Mindsprint. The partnership aims to enhance Olam's operations across its entire value chain. This engagement marks a major expansion for Wipro in the food and agri-business sector.
Latent View Analytics among 6 stocks showing bullish RSI upswing
Six Nifty 500 stocks that gained over 4% on April 2 appeared in the RSI Trending Up scan, with their RSI crossing above 50 from lower levels. The trend signals strengthening price momentum, which traders often monitor to identify improving sentiment and potential short-term buying opportunities in select counters.
Wipro declines after IT firm announces plan to consider share buyback
The company has secured an eight-year transformation deal with Singapore-based food and agri-business major Olam Group, which is expected to exceed about Rs 9,314 crore in contract value.