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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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?
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
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?
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
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
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
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
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
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
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
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