Business

Novastar Partners targets Rs 350-crore corpus, to invest in venture capital funds

Novastar, a fund of funds, is registered as a CAT II alternative investment fund and is targeting the first close over the next four to six months

Fusion Finance founder Devesh Sachdev steps down from board, exits all roles

Sachdev's resignation from the board, which came into effect on November 4, formally completes his exit from all executive and governance roles at the micro-finance lender

Suzlon chasing bigger share in EPC pie, CEO Chalasani sees ‘significant’ export opportunity ahead

For Suzlon, expanding the EPC business is lucrative as it enables faster project execution, which in turn allows it to secure more orders and increase overall margins.

Birla Opus CEO exit impact: Grasim shares down 6%, Britannia up 2%; know why

Given the ex-CEO's active engagement on scaling the paints business amid tough competition, investor sentiment may be cautious in near-term, said global brokerage Jefferies

Spain is the new European destination for Indian petroleum, exports skyrocket 46,000%

The move reflects a strategic shift in India’s European fuel trade, reducing reliance on northern distribution hubs such as The Netherlands in favour of direct end markets such as Spain

Q2 Results Highlights: Bajaj Housing Finance net profit rises 18% to Rs 643 crore, LIC net premium income up 5.5%

Q2 Results 2025: Around 175 companies are announcing their results for the July-September quarter of the ongoing financial year 2026.

For the first time in 5 years, developers abandon mid-income launches in Q2FY26

The focus has moved towards premium and luxury projects priced upwards of Rs 5 crore in metros and Rs 3 crore in non-metros. This is driven by sustained demand and stronger margins, said one real estate industry executive.

PhysicsWallah fixes price band for Rs 3,480-crore IPO ahead of share sale on November 11; check GMP

PhysicsWallah IPO share allotment is expected to be finalised on November 14, and the company is likely to make its stock market debut on November 18.

SpiceJet ramps up winter operations with five new aircraft, revives grounded Boeing 737 MAX

SpiceJet has added five leased aircraft, including a reactivated Boeing 737 MAX, taking total new additions to ten as the airline ramps up capacity for the winter travel season.

PB Health acquires Amazon-backed startup Fitterfly to boost preventive care

Founded in 2016 by Dr Arbinder Singal and Shailesh Gupta, Fitterfly is known for its clinically validated programs in diabetes reversal, obesity management, and heart health

Gold outlook: Should you buy, hold, or book profits?

Investors should allocate 10–15 percent of their investment to gold as a strategic approach instead of creating an all-in-one portfolio of gold products

Sun Pharma backs speciality play, lines up launches in US amid uncertainty over tariffs

Despite macro uncertainties, Sun Pharma has been bullish on its specialty pipeline and global expansion.

Groww's Rs 6,632-crore IPO subscribed nearly 2x on Day 2, retail portion booked 5x: Check latest GMP

Groww IPO GMP: The price band for the Rs 6,632-crore IPO has been set at Rs 95-100 per share.

Sensex settles 500 pts lower from day's high, Nifty ends near 25,500: Dollar at 5-month high, other factors behind market fall

Stock market today: Sensex, Nifty declined amid profit booking in key sectors, while the persistent FII selling also dented the sentiment.

SEBI open to higher cap on brokerage fees paid by mutual funds: Report

SEBI had proposed changes to mutual fund fee structures late last month to make them more transparent and to reduce costs for investors.

Hindalco shares drop 7% over likely $650-mn impact of Novelis plant fire on cash flow, capex concerns

Hindalco Industries share price: The hot mill at New York's Oswego plant, which was shut after the fire incident, is expected to restart operations by end of December.

SBI delivers strong Q2 FY26 with positive margin surprise

While earnings growth will align with credit growth, the stock upside will be driven by the expansion of the valuation multiple

Asian Paints shares rise 5.5% to emerge as top Nifty gainer: Birla Opus CEO resigns, two other reasons

Asian Paints share price: Reports said that the stock will see an increase in its weightage on the MSCI Standard index