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PhysicsWallah surges 18% as company drops ₹120 crore NBFC plan
The buying on the counter came after the company reversed its earlier decision to build an in-house lending business through its subsidiary FinZ Finance Private Limited
IIFL Finance approves note issuance of $500mn under GMT programme
IIFL Finance approved the pricing, tenure and other terms of the fixed rate, senior, secured notes to be issued by the Company under Regulation S and/or Rule 144A of the U.S. Securities Act 1933 as part of the USD 1,000,000,000 Global Medium Term Note Programme updated by the Company.
Small-cap stocks to buy: Chalet Hotels, Minda Corp, Navin Fluorine among Axis Securities’ top stock picks for June
Small-cap stocks to buy: The smallcap stock picks for June are Ujjivan Small Finance Bank, Chalet Hotels, Minda Corporation, Navin Fluorine International and Kalpataru Projects International shares.
Top 15 Stocks To Buy This June: Eternal, Bajaj Finance, Nestle, LG Electronics Among Axis Securities Bet — Full List Inside
In its latest report, Axis Securities highlighted a basket of high-conviction stock ideas across sectors, focusing on companies with strong earnings visibility, balance sheet strength and scalable growth models.
SENSEX drops over 400 points, NIFTY50 opens at 23,229 amid mixed global cues; Bajaj Finance, Eternal among top losers - Upstox
SENSEX drops over 400 points, NIFTY50 opens at 23,229 amid mixed global cues; Bajaj Finance, Eternal among top losersUpstox
Shalibhadra Finance eyes Rs 500 crore AUM as FY26 profit climbs 22%
Shalibhadra Finance is set for major expansion. The company aims to more than double its loan book by FY29. This growth will be fueled by new products like Micro LAP and home loans. Geographic expansion into new states is also planned. Technology investments will enhance efficiency. Shalibhadra Finance is positioning itself for significant growth in the retail finance sector.
Iran war: Public sector banks asked to stay prepared
Public sector banks received guidance from the Centre to prepare for global uncertainties. The finance ministry reviewed bank performance and launched a portal for unclaimed financial assets. Banks were urged to adopt austerity measures and support borrowers under the ECLGS 5.0 scheme. Efforts to strengthen digital banking and credit access for MSMEs were also discussed.
ET Alpha Wealth Summit: Mapping the road to India’s next growth wave
India's strong economic growth faces scrutiny as global conditions remain uncertain. The ET Alpha Wealth Summit on June 4 in Mumbai will feature top economists and finance experts to analyze the durability of India's growth momentum. Discussions will cover consumption vs. investment-led growth, private capex revival, and wealth creation opportunities.
US warns ties with Iran’s Strait of Hormuz authority may bring sanctions for 'anyone' involved
America has issued a stern warning to global shipping and finance firms. Cooperation with Iran's new Persian Gulf Strait Authority could invite US sanctions. This move escalates pressure on Tehran's control over the vital Strait of Hormuz. The US Treasury Department stated that such cooperation might support Iran's Revolutionary Guard Corps.
India's fifth spot in global market cap list under threat as Taiwan closes in - Yahoo Finance Singapore
India's fifth spot in global market cap list under threat as Taiwan closes inYahoo Finance Singapore
upGrad appoints former JioStar executive Mukesh Mundra as CFO
upGrad announced the appointment of Mukesh Mundra as its new Chief Financial Officer. Based in Mumbai, Mundra will oversee the company's finance and administration. He brings over 26 years of finance leadership experience. Mundra's expertise will support upGrad's global growth and financial strategy. Ronnie Screwvala, co-founder, stated Mundra's addition is valuable for scaling operations.
Stock picks for today: Kotak Securities bets on Lenskart, Shriram Finance
Stocks to buy today: Shrikant Chouhan of Kotak Securities has suggested adding Lenskart and Shriram Finance shares; here's why