MARKETS
SEBI bans merchant banker First Overseas Capital for 2 years, imposes Rs 20 lakh fine for multiple violations
SEBI has barred merchant banker First Overseas Capital Limited for two years and imposed a Rs 20 lakh penalty for multiple violations, including false submissions, inadequate net worth, and breach of underwriting norms.
BUSINESS
Bengaluru's second airport: AAI report expected in 2-3 days, says Karnataka minister MB Patil
In April 2025, an Airports Authority of India (AAI) team visited the shortlisted sites to conduct a pre-feasibility survey for Bengaluru’s second airport.
BUSINESS
FIIs net sell shares worth Rs 1,166 crore, DIIs net buy Rs 3,894 crore on October 23
For the year so far, FIIs have been net sellers of shares worth Rs 2.39 lakh crore, while DIIs have net bought shares worth Rs 6.09 lakh crore.
MARKETS
SEBI proposes relaxation of India geo-tagging rule for NRIs updating KYC details
SEBI has proposed easing geo-tagging norms to let NRIs complete re-KYC digitally from abroad, removing the need for physical presence in India. The move aligns with SEBI’s broader efforts to simplify compliance and enhance transparency for foreign investors, including FPIs.
MARKETS
SEBI proposes standardised process for mutual fund folio opening and first investment
SEBI has noted that some mutual fund folios remain KYC non-compliant due to a sequential verification process where AMCs open folios before final KRA approval. In cases of discrepancies, such folios are flagged until corrections are made and compliance is confirmed.
INDIA
'Shameful day for Democracy': Samrat Choudhary reacts to announcement of Tejashwi Yadav as CM face
Jan Suraaj Party chief Prashant Kishor on Thursday also targeted the Mahagathbandhan alliance.
BUSINESS
Domestic flows to continue as FII outflow pressure easing: Buoyant Capital's Jigar Mistry
Mistry noted that household financial savings directed toward equities stand at around 5.6%, up from 0.7% in 2014. While growth has been significant, it still lags developed markets, where equity allocations often exceed 20%, and in the US, reach over 40%.
BUSINESS
Hero MotoCorp partners with MotoGB to sell two-wheelers in UK
Hero MotoCorp said that UK-based distributor MotoGB will make the Indian bike-maker's products available to customers in UK.
TRENDS
Aquamation: 7 things to know about the eco-friendly funeral practice trending globally
Despite cultural barriers, environmental bodies and government agencies are exploring alternatives to cremation.
BUSINESS
Bharat Forge shares settle 4% higher on reports of Army order
Bharat Forge shares settled 4% higher at Rs 1,296 apiece on the NSE, after hitting an intraday high of Rs 1,311, up 5.44%.
BUSINESS
Defence Acquisition Council clears arms proposals worth Rs 79,000 cr to boost military power
Approval has been given for procurement of new missile systems, high mobility vehicles, naval surface guns and other equipment for the armed forces
BUSINESS
Yes Bank sees ratings upgrades from SMBC stake buy, eyes double-digit loan growth this year, says CEO
Yes Bank expects that the strategic investment by Japan's SMBC will help credit ratings upgrades, bring down funding costs and support profitability.
BUSINESS
Jefferies says mature Indian investor supporting markets near record highs
On Thursday, equity benchmarks extended their rally for the sixth straight session amid optimism over a potential India-US trade deal.
BUSINESS
Nifty ends below 25,900, Sensex wipes off all gains as investors book profits, IT stocks outshine
After staging an impressive open, the benchmark indices Nifty 50 and Sensex erased their wins to settle at the flatline on October 23.
BUSINESS
Nifty Slips Over 150 Points From Day's High But Gains For 6th Day| IT Stocks Surge|Closing Bell Live
Catch Nandita Khemka and Yatin Mota in conversation with Ashish Bahety, ProfitMart Securities and Radha Raman Agarwal, Swyom Advisors Limited
BUSINESS
Buoyant Capital's Jigar Mistry on risks and opportunities in policy shift from capex to consumption
Mistry also pointed out that the transition of an economy from investment-led to consumption-led growth had its share of challenges
BUSINESS
At macro level things are manageable; real issue is on micro level: Buoyant Capital's Jigar Mistry on US tariffs
The challenge, he added, lies in the micro level because gems and jewellery and textiles could get impacted. And rupee dollar may be impacted if the current account deficit increases.
BUSINESS
WazirX restarts exchange operations tomorrow, 15 months after a crippling cyberattack
As a part of a 'Restart Offer', users will be charged no trading fee across all trading pairs
BUSINESS
India share market rally may continue; FIIs set to return, macro cues favourable: Quant MF CIO Sandeep Tandon
The sharp market up-move in recent weeks has emerged from a phase of extreme pessimism -- concerns over the rupee, commodities, global trade, and heavy FII selling, said Sandeep Tandon of Quant Mutual Fund.
INDIA
‘Why no announcement on CM face?’: Tejashwi Yadav questions NDA’s silence on Nitish Kumar
The BJP will not make Nitish Kumar the chief minister again, said Tejashwi Yadav addressing a joint briefing of the opposition on Thursday
BUSINESS
Buoyant Capital's Jigar Mistry on the four things markets should be cautious about
Mistry outlined four large areas that investors should be watchful about — tariffs, policy-level shifts, the nature of market flows, and volatility.
BUSINESS
HPCL, BPCL, IOC, MPRL shares fall up to 3% on crude price surge
Higher crude oil prices threaten margins for oil marketing companies
INDIA
Bihar elections: Mahagathbandhan declares Tejashwi Yadav as CM face, VIP's Mukesh Sahani named as Deputy CM nominee
The Mahagathbandhan opposition alliance has fielded 253 candidates for Bihar's 243 Assembly seats, exceeding the total by 10 amid ongoing seat-sharing disputes that forced parties to file unilaterally before Monday's nomination deadline.
BUSINESS
IT stocks surge up to 4% on India-US trade deal hopes, four other reasons; Nifty IT index hits one-month high
Nifty IT has crossed the 36,000-mark for the first time in more than one month.
