SEBI proposes revision of RPT rules to ease compliance for listed firms
SEBI proposed revisions to related party transaction (RPT) rules, easing compliance for listed firms. The regulator suggested turnover-based thresholds to determine ‘material’ RPTs requiring shareholder approval, replacing the current ₹1,000 crore or 10% of turnover limit. This aims to address the ‘one-size-fits-all’ approach, especially for high-turnover companies.
Capri Global Capital reports Rs 175 crore net profit despite rise in bad loan provisions
Capri Global Capital witnessed a significant surge in net profit, more than doubling to ₹175 crore year-on-year. However, the profit experienced a slight dip of 2% compared to the previous quarter. This decline was attributed to a substantial increase in provisions for bad loans, with loan impairment costs rising significantly due to an increase in […]
Aditya Birla Capital net profit up 3% on asset boost
Aditya Birla Capital’s standalone net profit increased by 3% to ₹676 crore. This is for the quarter ended June 2025. Assets under management grew by 22% to ₹1.31 lakh crore. The NBFC business saw an 18% rise in disbursements. Consolidated net profit also rose by 10% to ₹835 crore.
Tata Capital files for IPO, marks next big move by Tata Group
Tata Capital, the Tata Group’s NBFC, has filed for an IPO to raise funds and meet RBI’s listing requirements for upper-layer NBFCs by September 2025. The IPO includes a fresh issue of 210 million shares and an offer for sale of 265.8 million shares by existing shareholders like Tata Sons and IFC.
RBI approves Rajiv Anand as MD & CEO of IndusInd Bank
The Reserve Bank of India has approved Rajiv Anand’s appointment as MD & CEO of IndusInd Bank, effective August 25, for a three-year term. Anand, formerly Deputy Managing Director at Axis Bank, brings over 35 years of financial services experience. His appointment follows Sumant Khatpalia’s exit due to an accounting discrepancy.
Tata Motors, Yes Bank, Vodafone Idea now India’s most widely held stocks
Tata Motors, Yes Bank, and Vodafone Idea are now India’s most widely held stocks. They replaced Reliance Power, Reliance Industries, and SBI. Tata Motors leads with over 67.5 lakh shareholders. Yes Bank follows with 63.5 lakh. Vodafone Idea’s count jumped significantly. Retail investors are drawn to these companies for various reasons.
Retail investors flock to mid and smallcap mutual funds despite valuation concerns
Indian retail investors are actively investing in mid and smallcap mutual funds. They are attracted by the high returns these funds have provided. Over the past year, significant investments have flowed into these funds. Experts advise caution due to high valuations. They suggest a long-term investment approach. Financial advisors recommend limiting exposure to these funds […]