Arcil Investors to offload 32.57% stake via IPO

Asset Reconstruction Company (India) Ltd (Arcil), India’s second-largest ARC, is launching an IPO with existing shareholders selling a 32.57% stake. Avenue Capital Group will significantly reduce its holding, while SBI and a GIC affiliate will also offload shares. Arcil, backed by prominent banks, reported a net profit of Rs 355.31 crore for fiscal year 2025.

Is Bharat outpacing India in mutual fund growth?

Shalab Bibhab’s journey from Mumbai to Agra mirrors India’s growing mutual fund revolution in smaller cities. With digital access, financial education, and mindset shifts, B-30 towns are driving SIP growth. These regions now contribute over half of new SIPs, signalling rising investor confidence and Bharat’s evolving role in wealth creation.

Trump tariff, RBI policy, FII selloff among 5 factors to impact stock market this week

Indian stock markets face a crucial week. Global and domestic factors are creating pressure. These include US tariffs, a strong dollar, and foreign investor selling. Weak corporate earnings also contribute. The Reserve Bank of India’s policy decision is keenly awaited. Diplomatic efforts on India-US trade are important. Investors are watching these factors for market direction.

8 penny stocks surged 50-150% in just four months, do you own any?

In the first four months of FY26 so far, eight penny stocks have delivered impressive returns, surging between 50% and 150%. Notably, three of them delivered returns that more than doubled investors’ wealth during this period. These top performers were identified using a specific screening method: each stock had a market capitalisation below Rs 1,000 […]

Rupee ends in the green on likely central bank support

The Indian rupee weakened to 87.53 against the dollar on Friday, despite likely RBI intervention, capping a turbulent week marked by new US tariffs. Portfolio outflows and higher-than-expected baseline tariffs contributed to the rupee’s decline, hitting a record low of 87.59 on Thursday.

Adani Power goes for a 1:5 stock split, Q1 net profit dips 15%

Adani Power’s board has approved a stock split, dividing each share of ₹10 into five shares of ₹2, aiming to broaden retail investor participation. The company reported a 15.5% drop in its Q1 consolidated net profit to ₹3,305 crore, with revenue declining 5.9% to ₹14,167 crore. Despite this, EBITDA from continuing operations stood at ₹5,744 […]