Early Lenskart investor Alpha Wave trims stake by 2.5% in open market

Alpha Wave Ventures reduced its stake in Lenskart through a major open market transaction, selling 2.46% holding in the eyewear retailer. Despite the stake sale, analysts remain optimistic on Lenskart’s long-term growth, citing strong revenue potential, operational scale and improving profitability outlook.

Q1 fuel losses may eliminate entire fiscal-year earnings of Indian OMCs

Since the war broke out in the Middle East 10 weeks ago, state-owned oil marketing companies (OMCs) have ensured uninterrupted supplies of petrol, diesel and cooking gas LPG at rates that are way below cost, unlike many global energy systems that imposed rationing or passed through steep price increases.

BofA settles allegation of insider trading rule violation with Sebi

In its settlement order, the SEBI stated that a show-cause notice ​sent to BofA Securities India alleged the firm’s failure to maintain ​the structured digital database required by insider trading regulations. BofA declined to comment on the settlement order ​and the allegations.

BSE launches F&O trading on IT index; debut day turnover at Rs 148 crore

BSE launched India’s first futures and options contracts linked to the Focused IT Index, offering investors new hedging and trading opportunities in the technology sector. The launch attracted strong participation, reflecting growing interest in sector-specific derivatives amid evolving market dynamics and global technology trends.

Canara Bank Q4 Results: PAT drops 10% YoY to Rs 4,506 crore; NII up 4%

Canara Bank reported a 10% YoY decline in Q4FY26 consolidated net profit to Rs 4,506 crore, while net interest income rose 4% to Rs 9,808 crore. Profit also fell 13% sequentially from the previous quarter. Following the earnings announcement, shares of the PSU lender plunged 7% to hit an intraday low of Rs 130.50 on […]