Securities and Exchange Board of India approved BSE to launch derivatives on its Focused IT Index, tracking 14 major IT firms. The move comes as the index records sharp declines, offering new hedging and trading opportunities for investors.
IDBI Bank shares jump 3% as Fairfax set to make biggest foreign investment in Indian lender, buy stake worth Rs 53,000 cr
Fairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 crore. The government