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M2P Fintech brings in CFO Vivek Seshadri as IPO groundwork begins
The company was last valued at over $750 million in 2024 after raising nearly $100 million from Helios. In total, it has secured more than $200 million from investors including Tiger Global, Better Capital and MUFG Innovation Partners, the venture arm of Mitsubishi UFJ Financial Group.
ReNew commissions 2.4 GW, marks record renewable capacity addition
ReNew Energy Global Plc achieved a record 2.4 GW of new renewable energy capacity in FY2026. This brings their total operating capacity to 12.6 GW, making them the second largest in India. The company also has significant solar manufacturing capabilities. This marks a significant milestone for ReNew's growth in the renewable energy sector.
Retail flows stay resilient as MF AUM falls 10.1% MoM in March: Motilal Oswal
Equity mutual fund inflows hit a 17 month high in March 2026 despite a 10.1 percent drop in total AUM as markets corrected, SIP contributions and retail participation stayed strong
Just Dial share price slumps over 5% after Q4 results. Should you buy?
Just Dial share price fell over 5% as it reported a 36.5% decline in net profit to ₹100 crore for Q4 FY26. Revenue rose 6.2% to ₹307.24 crore, but total income dropped 10.6% due to a significant fall in other income.
Why stock market rose today? Sensex soars over 1,200 points, Nifty settles above 24,200. 5 key factors explained
Indian stock markets surged on Wednesday. The Sensex and Nifty saw substantial gains. Easing oil prices and renewed hopes for US-Iran peace talks boosted investor sentiment. Global markets also rallied. This positive momentum added significant value to the total market capitalization. Investors are advised to remain invested despite potential headwinds.
FPIs continue sell-off in April, pull out ₹48,213 crore in 10 days
Foreign investors maintained their aggressive sell-off in Indian equities, withdrawing Rs 48,213 crore (USD 5.14 billion) in the first 10 days of April, as rising geopolitical tensions and global macroeconomic uncertainties reduced risk appetite. The sell-off follows a record outflow of Rs 1.17 lakh crore (about USD 12.7 billion) in March, the worst monthly exodus on record. The sharp reversal comes after FPIs had infused Rs 22,615 crore in February, marking the highest monthly inflow in 17 months. With the latest withdrawals, total outflows by foreign portfolio investors (FPIs) have surged to Rs 1.8 lakh crore in 2026 so far. In April alone, foreign investors withdrew equities worth Rs 48,213 crore from the cash market till April 10, according to NSDL data. Market participants attributed the sustained selling pressure to a combination of global macroeconomic headwinds and heightened geopolitical risks. Himanshu Srivastava, Principal - Manager Research at Morningstar Investment ..
Malls, high-streets in NCR clock 45 pc rise in leasing of retail spaces in Jan-Mar: C&W
Retail space leasing in Delhi-NCR saw a significant 45% jump in the first quarter of this year. Nearly 6 lakh sq ft of space was leased, a notable increase from the previous year. Shopping malls led this demand, accounting for 64% of the total leasing. Delhi-NCR emerged as the top city for retail leasing activity in India.
Underperforming IPO, down 35% from issue price, falls further after lock-in ends
Pace Digitek had launched its ₹820 crore IPO in September last year, which had just about managed to see full subscription. The retail portion too was subscribed only 1.03 times the total number of shares on offer during the three-day subscription period.
Trent shares jump over 4% after Q4 business update, revenue rises 20% to Rs 4,937 crore
Trent share price surged 4% following a strong Q4 business update, driven by a 20% year-on-year revenue growth to Rs 4,937 crore and robust store expansion. The company added 22 Westside and 109 Zudio stores, bringing its total retail footprint to 1,286. Despite recent stock weakness, Trent has delivered significant long-term returns.
Bank of Baroda Q4 deposits up 12%, global advances rise 16.2%
Bank of Baroda's total business globally increased 13.93% to ₹30.78 lakh crore at the end of March 2026 from ₹27.02 lakh crore in the previous year.
India's telecom subscriber base jumps 7.86 million in January, broadband growth lags
India's telecom subscriber base saw a significant jump in January. Wireless connections led this surge, adding millions of new users. Broadband growth, however, remained slow. Urban areas experienced more subscriber additions than rural regions. Active mobile users represent a large portion of the total base. Machine-to-machine connections also increased. Mobile number portability requests indicate a competitive market.
The best performing equity market in 2026 so far has been the most volatile this week
Data from the Korea Exchange showed that retail traders accounted for roughly 45% of total turnover on Thursday, compared with about 33% for foreign investors and 22% for institutional players.