Zerodha unit gets nod for merchant banking
On September 1, Zerodha Corporate Advisors secured approval from Sebi to function as a merchant banker, following their application back in April. This pivotal approval enables the firm to facilitate initial public offerings and handle various capital market activities. Although the complete registration process with the regulator remains in progress, Zerodha Corporate Advisors is gearing […]
Insurers plan floor for fire cover to avoid large burns
Non-life insurers are considering a minimum rate for fire insurance’s natural catastrophe component. This move follows concerns about steep discounts exposing the industry and reinsurers to losses. The Insurance Regulatory and Development Authority of India chairman also expressed worries about insurer financial health. Aggressive pricing and recent fire losses in Gujarat have fueled these discussions. […]
Small finance banks’ asset quality to improve, GNPA to drop by 120 basis points by March 2027: Crisil
Small finance banks anticipate improved asset quality this financial year. Gross non-performing assets are projected to decline significantly by March 2027. This improvement stems from microfinance portfolio recovery and stable non-microfinance growth. Tighter underwriting practices have strengthened borrower selection in microfinance portfolios. Borrower over-indebtedness caused past credit stress in microfinance books.
IPO Boom: 10 issues cross 100x subscription in August, highest monthly tally since 2006
August witnessed an impressive spike in IPO activity, as ten offerings saw oversubscriptions of more than a hundred times. Leading the charge was Hy-Tech Engineers, garnering bids amounting to over two hundred forty-four times its share allocation. This enthusiastic investor response not only shattered previous monthly records but also positioned 2026 as a standout year […]
Berkshire Hathaway CEO Greg Abel sees AI, power demand as new engines of growth
Berkshire Hathaway sees AI opportunities beyond technology stocks. The company is investing in Alphabet, a significant player in artificial intelligence. Berkshire Hathaway Energy could benefit from data center power demands. Consumers still face economic pressures from inflation and mortgage rates. Long-term investments in Japanese trading houses remain a strategic focus.
Multibaggers: These 9 midcap stocks surged up to 300% in two years. Do you own any?
While the Nifty 50 declined nearly 5% over the past two years and the Nifty Midcap 150 gained around 6%, select midcap stocks delivered exceptional returns. According to ACE Equity data, around 21 midcaps gained over 50%, with nine emerging as multibaggers.
Quant Mutual Fund turns cautious on manufacturing, bets on ‘neglected’ IT Services
Quant Mutual Fund is pivoting away from manufacturing due to rising cost pressures and supply chain issues. Instead, it’s channeling investments into IT services, viewing this sector as overlooked and ripe for growth. The fund focuses on identifying undervalued and under-owned stocks across diverse sectors for maximum returns. Quant foresees consolidation trends within large-cap markets, […]
Explained: How multi-decade high global bond yields spell caution for Indian stock market investors
Global bond yields are surging as oil-driven inflation, rising debt, heavy AI borrowing and hawkish central-bank expectations unsettle markets. With US, Japanese and Indian yields climbing, the bond selloff is spilling into equities and emerging markets. For India, higher oil prices could add to imported inflation, pressure the rupee, lift borrowing costs and constrain monetary […]
Global Market: Data centre boom fuels demand for power, cooling equipment suppliers
The global AI data centre boom is creating fresh opportunities for power and cooling equipment suppliers as developers race to overcome infrastructure bottlenecks. Rising demand for transformers, efficient power systems and liquid cooling is benefiting companies across Asia, although high valuations, supply constraints, competition and deployment delays remain key risks for investors.
Kwality Walls shares fall 3% as RIL’s foray into ice cream biz raises competition fears
Kwality Walls shares dropped on Wednesday as Reliance Consumer Products entered India’s ice cream market with Bombay Creamery, raising competition concerns. The stock extended its losing streak to seven sessions, declining 11% during the period. RCPL plans a pan-India rollout after launching the brand in western India, with prices starting at Rs 10.