If the deal materialises, Angel will have to pay at least Rs 800-1,000 crore (Rs 8-10 billion) for a 51 per cent stake, valuing the brokerage at Rs 1,500-2,000 crore (Rs 15-20 billion). The talks are at an early stage.
The entities were involved in fraudulent practises in Sun Infoways stocks.
Indian Asian Games medallists expressed boosted confidence after meeting Prime Minister Narendra Modi, who encouraged them to aim for bigger goals at the 2028 Los Angeles Olympics. Athletes like Lovlina Borgohain, Nethra Kumanan, and Vithya Ramraj highlighted Modi's vision for Indian sports, including hosting major events, and the positive impact of improved facilities and support.
Vithya Ramraj broke PT Usha's 42-year-old national record in the 400m hurdles at the Asian Games on Monday, prompting a gracious message from the Indian track legend.
Indian athlete Vithya Ramraj expressed immense happiness after winning the bronze medal at the Asian Games 2026 and breaking legendary PT Usha's national record, clocking a personal best of 54.75 seconds.
Indian Olympic Association president P T Usha met the Indian men's cricket team in Nagoya, expressing her pride and wishing them well for their Asian Games campaign.
India trap coach Peter Wilson explains his wild medal pledges after Neeru Dhanda's Asian Games gold, recalling his bald-headed celebration in 2025.
Thailand's Puripol Boonson made history by winning the 200 metres gold, completing an Asian Games sprint double and matching the Asian record, while China's 18-year-old javelin sensation Yan Ziyi defeated an Olympic champion for her first gold.
India's Asian Games campaign looked bleak in Nagoya. A slow medal start saw the country slip to around 12th, before a late surge took India back to fourth with 85 medals.
India won six athletics medals at the Asian Games on Monday, including a javelin silver-bronze double, as Esha Singh and Murali Sreeshankar added more silver.
Lionel Messi, who captained Argentina to World Cup glory in 2022, has announced his retirement from the national team, a decision he described as 'a decision that hurts the soul.'
Joga Purty and Deepu Mallesh, India's speed climbing representatives, are set to make their Asian Games debut. The athletes, who discovered the sport through different paths, discuss their journeys, the challenges of pursuing a niche sport, and their excitement for the upcoming competition, where India aims for its first climbing medal. They also highlight the need for better support and exposure for the sport in India.
Kolkata, a city with a deep passion for football, is grappling with Lionel Messi's international retirement. The article explores the city's unique and enduring connection to the Argentine superstar, from his memorable 2011 visit to the emotional fan reactions to his retirement, including a controversial 2023 event.
Indian table tennis has achieved a significant milestone with three doubles pairs entering the top 10 of the ITTF World Rankings. Manav Thakkar and Manush Shah reached World No. 2 in men's doubles, while Diya Chitale and Yashaswini Ghorpade are World No. 10 in women's doubles, and Diya Chitale and Shah are World No. 5 in mixed doubles. This marks the first time India has had three doubles pairs simultaneously in the top 10, underscoring the nation's growing strength in the sport, especially with doubles returning to the Olympics in 2028.
Substitute Mikel Merino scored in the 88th minute after goalkeeper Senne Lammens spilled Pau Cubars's long-range effort, restoring Spain's lead and putting the 2010 champions 2-1 ahead of Belgium.
Iran's coach and their key player said the national team will strive to bring joy and unity to Iranian people around the world, despite war and other tensions making their FIFA World Cup adventure uniquely challenging.
Listed capital market companies in India delivered strong fourth-quarter earnings growth, with a universe of 12 firms posting 30 per cent year-on-year revenue growth and 19 per cent earnings growth in Q4FY26, despite mark-to-market (MTM) losses impacting headline profitability for some.
Indian-origin golfers Sudarshan Yellamaraju and Sahith Theegala made their mark on the opening day of the Genesis Scottish Open. Yellamaraju carded a two-under 68, placing him tied 27th, while Theegala finished even-par 70, tied 72nd. Rory McIlroy shares the lead with a five-under 65.
Indian-origin golfers Sudarshan Yellamaraju and Sahith Theegala made their mark on the opening day of the Genesis Scottish Open. Yellamaraju carded a two-under 68, placing him tied 27th, while Theegala finished even-par 70, tied 72nd. Rory McIlroy shares the lead with a five-under 65.
Belgium, who missed a slew of scoring chances against Iran on Sunday, have taken only two points from their opening two matches despite entering the tournament as favourites to progress from the group.
The FIFA World Cup final between Spain and Argentina garnered nearly 63 million viewers in the United States, setting new viewership records and highlighting football's increasing popularity in the country.
The United States men's national team secured a dominant 4-1 victory over Paraguay in their World Cup Group D opener, with Folarin Balogun scoring two goals and Giovanni Reyna adding another.
Stephen Eustaquio scored a dramatic 92nd-minute goal to secure a 1-0 victory for Canada over South Africa, propelling the co-hosts into the World Cup last 16 for the first time. The tense match in Los Angeles saw few clear chances until Eustaquio's late strike, ending Canada's frustration and sending them to face either the Netherlands or Morocco in the quarter-finals. South Africa, despite a strong defensive effort, exited the tournament.
Switzerland found the keys to break down a resolute Bosnia and Herzegovina defence with four late goals in a 4-1 win thanks to a brace from Johan Manzambi and further strikes from fellow substitute Ruben Vargas and captain Granit Xhaka with a penalty.
New Zealand defender Tim Payne's social media profile has exploded over the last few days after an Argentine influencer decided he was the least known player at the World Cup.
Mauricio Pochettino's gameplan worked a treat in the United States' 4-1 win over Paraguay in their World Cup opener on Friday, the hosts showcasing an attacking fluidity and positional interplay that overwhelmed the South Americans.
A student from Tripura died in Dehradun after allegedly being attacked with knives and blunt objects following racial slurs. The victim's father alleges police initially refused to register a report.
Naoba Meitei and Amadou Soukouna score in the second half as Rajasthan United beat Chanmari FC 2-0 to move top of the Indian Football League table.
The uncontrollable fire has so far burned over 70 sq km in three areas: Palisades, west of Los Angeles; Eaton, north of Pasadena and San Fernando Valley.
'India's ties with Israel have to do with defence and general technology.' 'The war changes nothing in what India and Israel hope to get from the relationship.' 'It's not as though India will get significantly more benefits from Iran if India abandons Israel at this time.'
Foreign Portfolio Investors (FPIs) remained in a selling mode in January, withdrawing nearly Rs 36,000 crore (about $3.97 billion) as global uncertainties persisted. Meanwhile, a higher securities transaction tax (STT) proposed in the Union Budget may weigh on overseas investor participation in the near future.
Shares of brokerage-related companies nosedived 18 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed raising securities transaction tax on commodity futures to 0.05 per cent from 0.02 per cent in the Union Budget 2026-27.
Despite the tragic terror attack in Pahalgam, Kashmir, locals demonstrated incredible bravery and compassion, risking their own lives to save tourists. Syed Adil Hussain Shah, a pony 'wallah', was killed while protecting tourists from the gunmen, while Nazakat Ahmed Shah rescued a family of 11, including three children. Tourist guide Sajad Ahmad Bhat also carried injured people to the hospital. The attack, which claimed the lives of 26 people, mostly tourists, highlighted the resilience and kindness of the Kashmiri people.
'The worst part is that after the attack on December 9, the Dehradun police refused to register an FIR for the murder.'
Indian weightlifting once again revolved around the enduring brilliance of Mirabai Chanu, whose World Championships silver was the single biggest achievement for the sport in a year marked by doping concerns and senior-level stagnation.
Shares of brokerages and market infrastructure institutions (MIIs) witnessed heavy selling pressure following the Securities and Exchange Board of India's (Sebi's) pivot to a uniform fee structure, which analysts fear could dent revenues. Discount brokerages, which currently benefit from a spread between client charges and exchange fees, are expected to be most affected. Shares of Angel One, the third-largest brokerage by active clients, fell 8.7 per cent. Groww and Zerodha, the largest brokerages, are not publicly listed.
Dinesh Thakkar, MD, Angel Broking, explains in an interview that retail investors' participation in the equity market is falling, but the share of organized players in broking business is increasing.
As the year draws to a close, Rediff's Senior Contributor Roshmila Bhattacharya takes a look at the hits and misses, the highs and lows, the newsmakers and the dealbreakers in alphabetical order.
Sports Bill will end stagnation; bring in transparency: PT Usha in Rajya Sabha
Analysts expect Nifty to rise up by to 6 per cent in six months, with intermittent corrections likely due to global factors.
