After getting FPI ‘Visa’ for D-Street, Russians move to open GIFT shops

December 4, 2023

Just a few months after half a dozen Russian institutions were permitted by the Indian capital market regulator to trade as foreign portfolio investors (FPIs) on local stock exchanges, three Russian entities are learnt to have applied for different licences with the GIFT City authorities.

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Samvardhana Motherson shares gain over 4% after Q4 profit rises 20% YoY; announces 1:2 bonus issue

Samvardhana Motherson’s shares surged following a robust Q4FY25 performance, marked by a 20% YoY increase in net profit, reaching Rs 1,050.5 crore. The company announced

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