CATEGORIES

AIFs' large offshore investor base may face more curbs

Alternative investment funds (AIFS) where the majority of investors are non-resident or offshore could be treated as indirect foreign investments.

Small, midcap funds remain MF investors' top choice

Smallcap funds added 360,000 folios in March

Israeli military intelligence chief quits over 'failure to prevent' Hamas attack

The Israeli military said the head of its intelligence division quit over the failure to prevent the October 7 invasion by Hamas, an attack that left about 1,200 dead and triggered the ongoing war in Gaza.

China state fund pours $41bn into mkts in Q1

Chinese state fund Central Huijin Investment bought blue-chips worth at least $41 billion in the first quarter in a bid to shore up the sliding stock market, funds' latest quarterly reports show.

Calcutta HC cancels 25,753 appointments in Bengal

Directs CBI to probe further; state govt to challenge the verdict

In a first, corporate-backed party enters election fray

India had seen several corporate honchos and promoters contesting Lok Sabha elections in the past.

BJP wins Surat seat unopposed

BJP's Mukesh Dalal was on Monday declared elected from the Surat seat

Modi takes wealth distribution jibe at Congress, again

Cong asks EC to take action against PM's remarks on Sunday

JDS looks to maintain hold over Mandya

The Bharatiya Janata Party (BJP) has never won southern Karnataka's Mandya Lok Sabha seat.

CD issuances fall in April as liquidity condition eases

Issuances of certificates of deposit (CDs) fell significantly in April on the back of easing liquidity conditions which also resulted in rates falling by around 40 basis points (bps).

Raising capital may be priority for incoming Dhanlaxmi CEO

Ajith Kumar will be fifth CEO in nine years

CCI seeks proposals to study impact of AI on competition

The Competition Commission of India (CCI) has invited proposals to launch a study on the impact of artificial intelligence (AI) on competition, efficiency and innovation in key user industries, a press statement said.

REMOVAL OF AGE CURBS FOR HEALTH INSURANCE Pricing likely to be a key issue for insurers

The insurance regulator's move to prod insurance companies to sell health products to all age groups, including those above 65, is aimed at increasing penetration though there would be challenges on pricing due to higher risk perception, experts said.

Upgraded NCS portal to give job mkt a fillip

May leverage Al, ML to make it more efficient; launch in 6-8 mths

Migrated all merchants to YES: Paytm

Reaffirms payments bank board is independent from Paytm parent

Medical device makers look to hike Russia exports to ₹2,000 cr in 5 yrs

Medical device exports to Russia can be tripled in five years to 2,000 crore through collaborative efforts between both countries, the medical devices body Association of Indian Medical Device Industry (AIMED) said on Monday.

FSSAI launches probe into MDH and Everest products

The Food Safety and Standards Authority of India (FSSAI) has commissioned a quality check on MDH and Everest products.

Byju takes on debt to finance March salaries

NCLT hearing on rights issue today

Macquarie drives in $1.5bn EV fleet electrification play

Australia's Macquarie Group on Monday launched its electric vehicle (EV) financing and end-toend solutions platform Vertelo in India, which will invest $1.5 billion in electrifying fleets of buses and cars.

Reliance Retail's annual net profit crosses ₹10K cr

Grocery clocks highest growth, followed by fashion and lifestyle

M/NS India in talks for $1bn loan to fund growth

Arcelormittal Nippon Steel (AM/NS) India, a joint venture between two of the world's leading steel makers, is in talks with banks to raise about ₹8,500 crore ($1 billion), according to people familiar with the matter, in what could be the biggest local-cur rency loan this year to fund the firm's expansion.

Chinese EV suppliers prefer tech tieups, shun ‘risky' JVs

Chinese suppliers for electric vehicle (EV) companies in India, especially of lithium ion battery cells which account for 35-40 per cent of the cost, find technology tie-ups more attractive than a joint venture with a local player owing to the government's stringent FDI rules.

Voda Idea FPO booked 6.4x as foreign investors bet big

The ₹18,000 crore follow-on public offer (FPO) by Vodafone Idea Limited (VIL) attracted nearly 90,000 crore in bids from investors.

Yield gap between Sensex earnings, 10-yr US bond narrowest since 2000

A combination of high equity valuations in India and a steady ascent in bond yields in the United States has pushed the spread between the BSE Sensex earnings yield and the US 10year bond yield to its narrowest since 2000.

Reliance profit slips 1.8% in Q4

First Indian firm to cross ₹1 trn in annual pre-tax profit

China Is Front And Centre Of Gold's Record-Breaking Rally

Gold's rise to all-time highs above $2,400 an ounce this year has captivated global markets.

Staring At Ban, TikTok To Remove Exec Tasked With Fending Off US Claims

TikTok is preparing to remove a key executive responsible for convincing the US government that the company was doing enough to stave off national security concerns about its connections to China, according to people familiar with the matter.

Tesla Spends Weekend Cutting Prices Of Cars And FSD Software

Tesla spent the weekend cutting prices of its models across China, Europe, and the US amid slumping sales and a glut of inventory.

US Aid In Sight, Israel Air-Raids Gaza's Lone Standing City

22, including 18 children, killed in Rafah; Israeli military to expand ground offensive

AB-PMJAY: A one-stop hub for health schemes

Ayushman Bharat coverage likely to be doubled to ₹10 lakh