Ola Electric Mobility Ltd is redirecting 575 crore from its initial public offering (IPO) proceeds, originally earmarked for research and product development, towards debt repayment and organic growth initiatives, signalling mounting pressure on the electric-vehicle maker.
A court in Beed district, Maharashtra, has granted temporary release to Jairam Chate, an accused in the Santosh Deshmukh murder case, to attend his brother's post-death rituals under police protection. The decision has sparked controversy and objections from the victim's family.
The easing of external commercial borrowing (ECB) norms by the Reserve Bank of India (RBI) is expected to significantly boost overseas fundraising by Indian companies, market participants said.
Investors with a 6 to 12 month horizon may consider them. They should align their holding period with the fund's maturity profile and prefer schemes with a lower expense ratio.
The market capitalisation of BSE-listed companies eroded by Rs 9,40,581.75 crore to Rs 4,50,61,658.60 crore (USD 4.90 trillion) in a single day.
Global risks include a potential delay in the US-India trade agreement, the possibility of a sharp correction in US equity markets, and renewed geopolitical tensions.
Less than 12 per cent of the exits were from companies with Rs 10,000 crore in market capitalisation or above.
Leasing of retail space in shopping malls and high streets across India's top eight cities is estimated to rise 15 per cent to nearly 9 million sq ft this year on increased supply amid high demand from retailers, according to Cushman & Wakefield. The leasing of retail spaces stood at 7.8 million sq ft in 2024.
Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026.
'It will support our growth aspirations. It's very positive as it helps expand the market in a segment that really needs it.'
The Reserve Bank of India (RBI) on Friday allowed multiple entities in a bank group to undertake the same business as long as they cater to different client segments, while mandating board approval to ensure that any overlap in business has proper rationale and justification.
Non-banking financial companies (NBFCs) such as Bajaj Finance, Shriram Finance, Muthoot Finance, and IIFL Finance have regained their growth momentum after losing market share to banks in the post-Covid period. The growth surge is being led by diversified lenders and gold-loan companies while development-finance institutions such as Power Finance Corporation (PFC), REC, and Housing & Urban Development Corporation (Hudco) continue to grow at a slower pace.
DCM Shriram Consolidated Ltd said Shriram Bioseed Genetics India Ltd became its subsidiary as the company increased holding in Shriram Bioseed to 51 per cent from 49 per cent.
Make sure the rider adds value rather than just adding to cost.
Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. The events cumulatively slowed growth rate to single digits from the high teens seen earlier.
Banks and NBFCs are launching festival offers, including lower loan rates, cashback, EMI schemes and GST-linked benefits to tap rising demand ahead of Diwali
Check out some of the stocks that will react on the basis of their numbers in the near term.
New investors should avoid short-term, tactical entries and instead go for staggered buying via ETFs to manage volatility.
Dr Lagoo, who was a trained ENT surgeon, played important role in the growth of theatre movement in Maharashtra in post-Independence era.
Truck rentals saw a positive momentum across most key trunk routes due to an increased pre-kharif agricultural activity and a resilient manufacturing sector. The Kolkata-Guwahati-Kolkata corridor witnessed a month-on-month (M-o-M) rise of 2.4 per cent, while the Mumbai-Chennai-Mumbai route grew by 1.9 per cent and the Delhi-Hyderabad-Delhi route saw a 1.6 per cent increase in truck rentals, said June edition of the Shriram Mobility Bulletin.
'This marks a turning point for Paytm, with the regulatory environment looking much clearer than it has been in the last two years.'
Karnataka Chief Minister Siddaramaiah condemned the alleged poisoning of drinking water at a government school in Belagavi district, reportedly to force the transfer of a Muslim headmaster. He termed it a 'heinous act' driven by religious hatred and fundamentalism.
The factor fund launch spree by mutual funds (MFs) is moving from the passive to the active space. Two new fund offerings (NFOs) - ICICI Pru Active Momentum Fund and Bandhan Multi-Factor Fund - are currently open for subscription. Sundaram MF's multi-factor fund NFO closed this Wednesday.
This low-profile group has a knack for spotting people with an entrepreneurial streak and backing them profitably.
'I believe that the overall demand for commercial vehicles will improve, even though there is a slowdown in the GDP.'
Some of the key names include: Maruti, M&M, Ashok Leyland, Britannia, Ultratech, JK Cement, Havells, Voltas, Amber, Metro, Trent, LemonTree, Indian Hotels, Niva Bupa, HDFC Life, IGL, Acme Solar, Suzlon, Swiggy, Delhivery, ICICI Bank, HDFC Bank, Bajaj Finance, Shriram Finance," according to a report by Motilal Oswal Financial Services.
Mutual funds (MFs) have significantly increased their ownership across market segments, but the midcap space stands out with comparatively higher growth. Data reveals that the number of midcap companies with over a fifth of MF ownership has doubled from nine in March 2022 to 18 by March 2025. In contrast, largecap stocks saw only a marginal rise, from three to four such companies during the same period.
Understand policy inclusions and exclusions to avoid surprises during claims.
Shriram Life Insurance has secured licence from insurance regulator IRDA for starting operations in the country.
With the interest rate cut cycle nearing its end, several debt fund managers are shifting their focus towards interest income rather than betting on duration in anticipation of capital gains.
The Chennai-based Shriram Group is likely to take over the cash-strapped front-end retail company of Vishal Retail Ltd, after leading private equity investor Texas Pacific Group takes charge of its wholesale division. This will be subject to approval from all stakeholders and regulators.
Shriram Group and US-based TPG Capital, the global buyout arm of the leading global private equity investment firm, announced a definitive agreement in which TPG will invest up to $120 million (Rs 530 crore) to acquire a stake of up to 49 per cent in Shriram Retail Holdings Private Limited, the holding company of Shriram City Union Finance Limited.
There have been multiple instances of the same entity appearing as both a public shareholder as well as under the promoter classification in some listed companies. And this dual-classification happened in the same quarter, according to data compiled by primedatabase.com.
A development finance company based in Netherlands, Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden on Tuesday acquired 3.95 per cent equity in two principal truck-financing companies of the Shriram Group for around Rs 12 crore (Rs 12
Even if you have a comprehensive motor insurance policy, it may not provide sufficient protection against monsoon-related risks.
India's used car market, which has been growing steadily at 10-12 per cent over the last 2-3 years, is expected to reach $40 billion in FY26.
The government is considering initiating a probe by the Serious Fraud Investigation Office (SFIO) against Gensol Engineering and its promoters, according to sources familiar with the matter. "It is under consideration at this stage. A final decision will be taken soon," a government official said.
'The slowdown in motor insurance premium growth is due to slower growth in vehicle sales. Also, there has been minimal hike in third-party rates in the past three years which is affecting the growth rate of third-party premiums.'
