US SEC yet to serve legal documents to Gautam Adani, his nephew in alleged $265 million bribery case
The US SEC is actively working to serve legal documents to Gautam Adani and his nephew Sagar in India, concerning a securities case filed in November 2024. The case alleges false statements related to a bond offering by Adani Green Energy Ltd. The SEC is pursuing service through the Hague Service Convention, as the defendants […]
Parag Parikh Flexi Cap Fund, Quant Small Cap Fund among 17 mutual funds which deliver over 20% XIRR on SIP investments in 10 years
Seventeen equity mutual funds delivered over 20% XIRR on SIPs over the past 10 years, led by Quant and Nippon India Small Cap Funds. Among 156 funds studied, most top performers were small and mid cap schemes excluding sectoral/thematic categories.
Wakefit Innovations files IPO papers with Sebi, plans to raise Rs 468 crore via fresh issue
Wakefit Innovations has filed its draft red herring prospectus with Sebi for an IPO comprising a fresh issue worth up to Rs 468.2 crore and an offer for sale of 5.83 crore shares. Promoters Ankit Garg and Chaitanya Ramalingegowda, along with key investors, will offload stakes. The Bengaluru-based firm plans to use proceeds for expansion, […]
Dixon Technologies, Astral among 10 mid-cap stocks analysts expect to gain upto 45%
Brokerages remain bullish on select BSE mid-cap stocks across sectors.
Expect positive trend as benefits of rate cuts & consumption boost trickle down: Anand Radhakrishnan
Anand Radhakrishnan of Sundaram Mutual Fund suggests that rate cuts are poised to stimulate both listed and unlisted companies by enhancing liquidity and credit access. Consumption is expected to rise, fueled by tax relief, lower interest rates, and potential wage growth. The US may moderate tariffs to pave the way for rate cuts, potentially boosting […]
This is how the Bloomberg Terminal is becoming the backbone to financial businesses of the future
Platform can help businesses by providing various forms of tools such as custom desktop applications, portfolio monitors, market alerts and charting capabilities.
Follow Buffett’s mantra; do not put all your eggs in one basket, says Vivek Gupta of CapitalVia Global Research
Nifty futures have strong support at 8,190, says Gupta of CapitalVia. If this level is breached, further correction is likely, the analyst adds.
Jio Financial shares surge nearly 5% after Sebi greenlights Jio BlackRock broking business
Jio Financial Services shares surged 4.36% to Rs 326.65, fueled by SEBI’s approval for Jio BlackRock Broking Private Limited to operate as a stockbroker and clearing member. This registration, granted on June 25, 2025, allows JFS to expand its capital market presence, offering broking and clearing services.
Adani Power shares rally 14% this week amid high trade volumes
Adani Power shares are experiencing a significant rally. This week, the stock price climbed 13.8%, reaching Rs 605 on the BSE. High trading volumes are fueling this surge. Today, the stock rose 4.7% in intraday trade. Technically, the stock is trading above its daily exponential moving averages. The stock has shown strong recovery in the […]
Safe Enterprises Retail Fixtures shares list at 9% over IPO price on NSE SME platform
Safe Enterprises Retail Fixtures debuted strongly on the NSE SME platform, listing at Rs 151, a 9.4% premium over its IPO price. The company, known for designing retail fixtures for major Indian brands, reported impressive financials with a revenue of Rs 139.73 crore and a profit of Rs 39.19 crore.