Axis Mutual Fund elevates R Sivakumar as CIO

Axis Mutual Fund elevates R Sivakumar as CIO

Business | Updated: Mar 05, 2026

  • R Sivakumar named Chief Investment Officer at Axis AMC
  • Sivakumar has been with Axis AMC since its inception in 2009
  • He succeeds Ashish Gupta, who is leaving for other pursuits
Bitcoin steadies above $70K levels; PCE data, Fed outlook in focus

Bitcoin steadies above $70K levels; PCE data, Fed outlook in focus

Business | Updated: Mar 26, 2026

  • Bitcoin trades near $70,686, facing resistance at $71,500–$72,000
  • BTC supply on exchanges hits seven-year low under 2.7 million
  • Morgan Stanley Bitcoin ETF wins NYSE listing, launch nears
Watchdogs can’t claim immunity: NCLT clears probe into Deloitte, BSR, SRBC in IL&FS fraud case

Watchdogs can’t claim immunity: NCLT clears probe into Deloitte, BSR, SRBC in IL&FS fraud case

Business | Updated: Mar 26, 2026

  • NCLT permits action vs Deloitte, BSR, SRBC in IL&FS case
  • Auditors' liability depends on evidence of knowing involvement
  • Ruling widens litigation exposure for audit firms in fraud cases
Tax harvesting explained: How to save capital gains tax ahead of March 31deadline

Tax harvesting explained: How to save capital gains tax ahead of March 31deadline

Business | Updated: Mar 26, 2026

  • Tax harvesting lets you reduce taxes by booking gains or losses
  • Long-term gains up to ₹1.25L tax-free till Mar 31, 2026
  • Losses offset gains or carry forward to future years
Chennai Super Kings unlisted shares jump over 25% as $3.4 billion IPL deals trigger valuation re-rating

Chennai Super Kings unlisted shares jump over 25% as $3.4 billion IPL deals trigger valuation re-rating

Business | Updated: Mar 26, 2026

  • CSK unlisted shares jump after RCB, Royals billion-dollar deals
  • Investor demand for CSK rises, prices jump over 20% recently
  • IPL franchise values have surged 25 times since 2008
Vedanta's Cairn targets 1 million barrels a day, looks to US shale to cut import reliance

Vedanta's Cairn targets 1 million barrels a day, looks to US shale to cut import reliance

Business | Updated: Mar 26, 2026

  • Cairn Oil & Gas targets 4x output to 1 million bpd
  • Company plans to invest up to $5 billion in oilfield development
  • Cairn to hire US shale experts to speed up drilling in India
Swiping right? Here are things to know before using your credit card abroad

Swiping right? Here are things to know before using your credit card abroad

Business | Updated: Mar 26, 2026

  • Pay in local currency abroad to avoid costly DCC charges.
  • Credit card overseas use adds 4 to 5 percent in hidden fees.
  • Big credit card purchases trigger regulatory scrutiny.
Oil rises above $100 as Iran rejects direct talks with US, conflicting signals cloud ceasefire push

Oil rises above $100 as Iran rejects direct talks with US, conflicting signals cloud ceasefire push

Business | Updated: Mar 26, 2026

  • Oil prices rose amid uncertainty over US-Iran negotiations
  • Iran denies direct talks with US, despite indirect exchanges
  • Conflicting US and Iran statements add to market volatility
Daily Voice: India’s FY27 growth story is intact despite Middle East tensions, says Qode’s Gaurav Didwania

Daily Voice: India’s FY27 growth story is intact despite Middle East tensions, says Qode’s Gaurav Didwania

Business | Updated: Mar 26, 2026

  • Unless external shock becomes deeper and more prolonged than currently expected, broader FY27 framework does not materially change
  • Correction definitely creates selective opportunities, but this is not the time for indiscriminate buying
  • Believes oil prices may not sustain at levels that can derail global growth
Chartist Talk: Is Nifty’s technical rebound still alive? Milan Vaishnav says 24,000 is possible, bets on these two stocks

Chartist Talk: Is Nifty’s technical rebound still alive? Milan Vaishnav says 24,000 is possible, bets on these two stocks

Business | Updated: Mar 26, 2026

  • Some steam still left in current counter-trend Nifty 50 rally
  • Relief rally can take Nifty 50 to 24,000 level
  • In case of consolidation, expect 23,000 level to stay defended
Bharat Pet files draft papers for Rs 760-crore IPO; issue largely an offer for sale

Bharat Pet files draft papers for Rs 760-crore IPO; issue largely an offer for sale

Business | Updated: Mar 25, 2026

  • Bharat Pet files draft papers to raise funds up to Rs 760 crore via IPO
  • IPO Mix: Fresh issue of Rs 120 crore, offer for sale of Rs 640 crore
  • Company may consider raising funds up to Rs 24 crore in pre-IPO round
SEBI proposes IT resilience index framework for market infrastructure institutions

SEBI proposes IT resilience index framework for market infrastructure institutions

Business | Updated: Mar 25, 2026

  • SEBI plans IT Resilience Index for market infrastructure
  • Index to be computed using nine parameters, mostly automated
  • MIIs must report ITRI scores half-yearly, starting September 2026
Highness Microelectronics IPO garners strong demand from investors, sees 8.13 times subscription on day 2

Highness Microelectronics IPO garners strong demand from investors, sees 8.13 times subscription on day 2

Business | Updated: Mar 25, 2026

  • Highness Microelectronics IPO subscribed 8.13 times
  • Company raising Rs 21.67 crore via IPO of 18.06 lakh shares
  • IPO price band for the offer is Rs 114-120 per share
Meta boosts top executives' pay with stock options as AI race heats up

Meta boosts top executives' pay with stock options as AI race heats up

Business | Updated: Mar 25, 2026

  • Meta ties exec stock options to $9T company valuation
  • Meta options need 88% stock surge to unlock first tranche
  • CEO Mark Zuckerberg not included in the new stock option plan
Societe Generale buys additional shares worth Rs 76 crore in Sammaan Capital, promoter picks up 2.2% stake in Reva Diamonds

Societe Generale buys additional shares worth Rs 76 crore in Sammaan Capital, promoter picks up 2.2% stake in Reva Diamonds

Business | Updated: Mar 25, 2026

  • Societe Generale buys additional shares worth Rs 76 crore in Sammaan Capital
  • Promoter picks up 2.2% stake in Reva Diamonds
  • Promoter Prabhat Sethia sells further 0.53% stake in Filatex Fashions
India retains headline inflation target at 4% following review

India retains headline inflation target at 4% following review

Business | Updated: Mar 25, 2026

  • India keeps retail inflation target at 4% within 2%-6% band
  • Target will remain unchanged for five years
  • RBI's rate panel to announce next decision on April 8
Buy energy at any cost: JPMorgan's Sajjid Chinoy warns supply crunch may force policy shift

Buy energy at any cost: JPMorgan's Sajjid Chinoy warns supply crunch may force policy shift

Business | Updated: Mar 25, 2026

  • India may rush to secure fuel even at high prices
  • Current energy shock risks actual shortages, not just high prices
  • Supply constraints could disrupt industry and essential services
Meta is cutting several hundred jobs amid record AI spending

Meta is cutting several hundred jobs amid record AI spending

Business | Updated: Mar 25, 2026

  • Meta to cut several hundred jobs across multiple divisions
  • Layoffs hit US and global staff; some reassigned to new roles
  • Reality Labs division faces remote work and restructuring
Baby care quick commerce startups Ozi raises $6.2 million in funding from RTP Global

Baby care quick commerce startups Ozi raises $6.2 million in funding from RTP Global

Business | Updated: Mar 25, 2026

  • Ozi raised $6.2 million Series A led by RTP Global.
  • Ozi offers 15,000+ baby and kids’ products with 60-min delivery.
  • Funds will expand Ozi's presence and strengthen technology.
Tipco Engineering India IPO closes with 1.56 times subscription; check allotment, listing dates

Tipco Engineering India IPO closes with 1.56 times subscription; check allotment, listing dates

Business | Updated: Mar 25, 2026

  • Tipco Engineering IPO subscribed 1.56 times subscription
  • Company to raise Rs 60.55 crore via public issue of 68.03 lakh shares
  • IPO share allotment on March 27, Tipco Engineering to debut on BSE SME on April 1
Do daughters automatically get an equal share in family property?

Do daughters automatically get an equal share in family property?

Business | Updated: Mar 25, 2026

  • Daughters now have equal rights to ancestral property as sons
  • Supreme Court clarified daughters' rights exist by birth
  • Self-acquired property can be distributed as per owner's will
Salary account converted to savings account? Charges and rules you must check immediately

Salary account converted to savings account? Charges and rules you must check immediately

Business | Updated: Mar 25, 2026

  • Dormant salary accounts turn into regular savings accounts
  • Minimum balance rules and fees apply after conversion.
  • Check new account terms to avoid unexpected charges.
US–Iran conflict: Will RBI delay rate cuts and what it means for your home loan EMI?

US–Iran conflict: Will RBI delay rate cuts and what it means for your home loan EMI?

Business | Updated: Mar 25, 2026

  • RBI likely to take cautious approach amid rising inflation risks
  • Rate cuts may slow; April could see a pause or minor cut
  • Borrowers advised to manage loans smartly, not wait for rate cuts
Hormuz tensions send sea drone maker’s stock up 700%, turning owners into billionaires

Hormuz tensions send sea drone maker’s stock up 700%, turning owners into billionaires

Business | Updated: Mar 25, 2026

  • Exail sea drones see soaring demand as global tensions rise
  • Exail shares have risen over 700% since mid-2024
  • Gorgé family wealth tops $1B on Exail’s strong performance
What to know before investing in commercial property

What to know before investing in commercial property

Business | Updated: Mar 25, 2026

  • Commercial property offers higher rental yields than residential
  • Tenant quality and location are crucial for stable returns
  • Vacancy risk and low liquidity make careful planning essential
23,400 seen as key resistance for Nifty, move beyond it could trigger fresh leg of rally, say experts

23,400 seen as key resistance for Nifty, move beyond it could trigger fresh leg of rally, say experts

Business | Updated: Mar 25, 2026

  • Sensex, Nifty gain for 2nd day as tensions ease.
  • Nifty ends 1.72% higher; Sensex gains 1.63%.
  • All sectors rose, led by private banks and commodities.
Rocketlane raises $60 million in Series C round led by global software investor Insight Partners

Rocketlane raises $60 million in Series C round led by global software investor Insight Partners

Business | Updated: Mar 25, 2026

  • Rocketlane raises $60M Series C led by Insight Partners
  • Total funding now $105M; new AI platform Nitro launched
  • Funds to boost R&D, global expansion, and enterprise sales
CBIC broadens digital payment net for importers and exporters

CBIC broadens digital payment net for importers and exporters

Business | Updated: Mar 25, 2026

  • CBIC enables UPI, cards, net banking for customs duty payments.
  • ICEGATE adds more payment options for businesses
  • New measures aim to ease trade amid Middle East conflict.
Adani eyes partnerships with Meta, Google amid data center boom

Adani eyes partnerships with Meta, Google amid data center boom

Business | Updated: Mar 25, 2026

  • Adani in talks with Meta, Google for data center partnerships
  • Flipkart also negotiating with Adani for data center sites
  • Adani aims for $100 billion digital infrastructure push in India
WTO's MC14 kicks off in Cameroon tomorrow amid divisions over, e-commerce, farm subsidies

WTO's MC14 kicks off in Cameroon tomorrow amid divisions over, e-commerce, farm subsidies

Business | Updated: Mar 25, 2026

  • WTO's 14th Ministerial Conference begins in Cameroon March 26-29
  • Key issues include e-commerce moratorium, agriculture, fisheries
  • India opposes permanent e-commerce moratorium, seeks farm support