The IPO of Sudeep Pharma, which opened on November 21, will close today, November 25. By the second day, the issue was subscribed 5.09 times, reflecting strong investor demand, and applicants can still place bids today. The price band has been set at ₹563–₹593 per share, with 50% reserved for QIBs, 15% for NIIs, and…
India’s mutual fund industry has reached a major milestone, with assets under management (AUM) crossing ₹75 trillion and monthly SIP inflows exceeding ₹25,000 crore, SEBI Chairman Tuhin Kanta Pandey announced at the Global Leadership Summit 2025. However, he noted that retail participation remains low. Although 53% of Indian households are aware of mutual funds, only…
Indian stock market benchmarks Sensex and Nifty 50 are expected to open higher on Monday, tracking strong global cues amid progress in the US-China trade negotiations. Gift Nifty trends also suggest a gap-up opening, trading near 25,914 — about 100 points above the Nifty futures’ previous close. On Friday, Indian markets halted their six-day winning…
Karnataka and Andhra Pradesh are locked in a rivalry over investments as Google chose the latter for a $15 billion data and AI hub. The move triggered sharp criticism from Karnataka minister Priyank Kharge, who accused Andhra of luring investors with Rs 22,000 crore in subsidies and incentives. Andhra minister Nara Lokesh hit back, blaming…
Gurgaon-based Medanta – The Medicity, India’s Best Private Hospital for six consecutive years according to Newsweek, has launched an educational video promoting a simple three-minute self-breast examination, combining life-saving awareness with preventive healthcare opportunities. The initiative is part of the hospital’s “Jaanta Hai Medanta” campaign, aimed at driving action against breast cancer and encouraging women…
If you’re using iOS 26 and finding it hard to wake up on time, it might be due to how easily you can hit the stop button instead of snooze on your iPhone’s alarm. This instantly turns the alarm off, often leading to oversleeping and missed commitments. However, Apple is addressing this issue in the…
Elon Musk has urged parents to cancel their Netflix subscription for the health of children. The warning by Musk comes in reply to a social media post which implied that the streaming giant is pusing ‘transgender woke agenda’ with some of its offerings. “Cancel Netflix for the health of your kids” Musk wrote in a…
The Reserve Bank of India (RBI) has issued a set of amendments to its banking directions and circulars, introducing measures aimed at providing flexibility to banks while enhancing benefits for borrowers. Three of these changes will take effect from October 1, while four others have been released as drafts for public comments. Interest rate on…
The Reserve Bank of India (RBI) was likely intervening in the foreign exchange market on Thursday to stabilize the rupee, which continued to face pressure due to ongoing portfolio outflows and hovered near its record low. The rupee was trading at 88.68 against the US dollar, showing little movement during the day, after hitting an…
Oil prices dipped on Thursday, pressured by expectations of reduced U.S. fuel demand as the summer travel season ends and the resumption of Russian oil supplies to Hungary and Slovakia via the Druzhba pipeline. Brent crude futures dropped 46 cents (0.7%) to $67.59 by midday ET, while U.S. West Texas Intermediate (WTI) crude fell 57…
