The Enforcement Directorate has successfully auctioned a seized Hawker 800A aircraft for Rs 3 crore. This action is part of an ongoing money laundering investigation into a Hyderabad-based company, Capital Protection Force Pvt. Ltd., accused of defrauding investors of Rs 792 crore through a Ponzi scheme. The proceeds from the auction will be used for restitution to genuine investors.
Sebi chairman Tuhin Kanta Pandey acknowledged that all global jurisdictions experienced lower liquidity during the initial implementation phases of the closing auction session (CAS), a stock price determination framework introduced in India on August 3.
The Nifty 50 experienced significant volatility during its closing auction session, leading to losses for both long and short retail options traders due to thin liquidity and rapid price swings, particularly in private-sector banks.
Royal Challengers Bengaluru's director of cricket, Mo Bobat, discusses the importance of strategic team building at the IPL auction and the team's focus on skill and character in player selection.
Delhi Capitals quashed all rumours over senior batter K L Rahul's future with the franchise, with co-owner Parth Jindal confirming his retention for IPL 2027.
The Chhattisgarh Economic Offence Wing/Anti-Corruption Bureau (EOW/ACB) has filed its sixth supplementary charge sheet in the alleged coal levy scam, naming 12 individuals including Congress MLA Devendra Singh Yadav, former state Congress treasurer Ramgopal Agrawal, and IAS officer Jai Prakash Maurya. The scam involves an alleged illegal levy of Rs 25 per tonne collected from coal transporters by a syndicate of bureaucrats, businessmen, and politicians, with handwritten diaries indicating collections of around Rs 540 crore.
FIFA has accused UEFA of waging a 'misinformation campaign' and attempting to influence its upcoming presidential election, urging a US court to reject a discovery request related to a controversial, now-abandoned investment proposal for World Cup commercial rights.
India's T20 vice-captain Tilak Varma was the highest-paid player at the inaugural TG20 player auction, securing a bid of Rs 33 lakh from Medak Falcons. His India teammate Mohammed Siraj also fetched a significant amount, while all-rounder CV Milind became the most expensive uncapped player. The TG20 tournament is set to begin on June 21.
India's derivatives market experienced a significant 23 per cent fall in average daily contracts traded in August, reaching a 13-month low of 224 million. This decline is primarily attributed to regulatory changes, including a higher securities transaction tax (STT) and enhanced collateral requirements, alongside the introduction of a closing auction session.
Indian benchmark equity indices, Sensex and Nifty, closed mixed on Friday. While a drop in crude oil prices offered some relief, weakness in IT stocks and several Tata Group counters, including a significant dip in Tata Chemicals and ongoing boardroom issues at Tata Sons, limited a broader market recovery.
August 2026 witnessed a significant surge in India's primary market, with 21 mainboard initial public offerings (IPOs) raising approximately 21,000 crore, marking the highest monthly deal count of the year, even as benchmark indices experienced declines.
India's market regulator, Sebi, is set to issue a consultation paper proposing changes to the methodology for determining settlement prices of derivative contracts, following significant feedback and 'sharp price spikes and distortions' observed during the recently implemented Closing Auction Session (CAS) mechanism.
The Delhi & Districts Cricket Association (DDCA) is set to review a controversial rule allowing DPL franchises to pick three local league players outside the auction, following widespread disrepute caused by the inclusion of cricketer Dev Chaudhary in the New Delhi Tigers squad.
The divergence between the Sensex and Nifty closing values narrowed on the third day of the Closing Auction Session (CAS) rollout, but market participants, including Zerodha's Nithin Kamath, highlight structural issues and the unfortunate timing of its introduction alongside new RBI norms.
The Nifty's stunning 200-point jump in the final minute of trading wasn't a glitch. It marked India's shift to a new, globally accepted system of end-of-day price discovery.
The Hingorani family's decision to part with the Gandhi archive after generations was guided by a desire to make it accessible to a wider audience and to fund initiatives that would extend its legacy.
'Regulations give a particular minimum amount of shares to be given in the OFS or IPO -- without which one cannot do the IPO.' 'We got that number on the day of filing of updated DRHP -- sufficient for us to go live with the IPO.'
Indian stock market indices closed on a mixed note, with the Sensex gaining 374 points driven by buying in Reliance Industries and ICICI Bank, while the Nifty remained flat. This divergence is attributed to a new Closing Auction Session (CAS) mechanism introduced by stock exchanges, impacting market liquidity and price discovery.
Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a downturn in banking and financial stocks, coupled with crude oil prices remaining above USD 80 per barrel. Geopolitical uncertainties and new regulatory proposals for the non-bank lending sector also contributed to cautious investor sentiment.
The benchmark BSE Sensex rebounded by 362 points, ending a four-day losing streak, driven by strong buying in metal, private banking, and oil and gas shares, while the broader NSE Nifty saw modest gains despite paring some advances in the closing session.
Following Stephen Fleming's departure, Chennai Super Kings are seeking a new head coach. Former India spinner Ravichandran Ashwin has suggested Eoin Morgan as a strong candidate, citing his leadership experience. Ashwin also believes MS Dhoni should continue to provide leadership during this transition period.
Karn Sharma announced his retirement from competitive cricket at 38, ending a nearly two-decade career highlighted by India appearances, 591 wickets and four IPL titles.
Indian benchmark indices, Sensex and Nifty, closed marginally lower due to elevated crude oil prices, fresh US-Iran tensions, and expectations of a tighter monetary policy from the US Federal Reserve, despite strong domestic GDP growth.
Arjun Tendulkar and Siddhant Addhatrao are eligible for the T20 Mumbai League auction after representing different state associations last season. The auction is scheduled for May 2, with the tournament in June.
Manav Thakkar joins UP Prometheans with Yang Liu, while Divya Chitale remains the highest-valued Indian player at the UTT auction. Bernadette Szocs tops the auction, joining Dempo Goa Challengers. The seventh season will be held in Goa from July 9-26.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade, primarily due to a surge in crude oil prices and a retreat in Wall Street, as investors reduced exposure to risk assets amidst geopolitical uncertainty. Track Sensex, Nifty on August 7, 2026.
Indian benchmark indices, Sensex and Nifty, saw early gains driven by lower crude oil prices and buying in Reliance Industries, even as the Reserve Bank of India maintained its benchmark policy rate for the fourth consecutive meeting, reinforcing confidence in the domestic economy.
Analysts predict that crude oil prices, geopolitical tensions in West Asia, and upcoming inflation data will be the primary drivers of the Indian stock market this week, alongside foreign investor activity and domestic quarterly earnings.
Auqib Nabi's Surrey stint will provide crucial first-class exposure in England as the J&K pacer seeks to strengthen his case for India's Test squad for New Zealand.
Kashi Rudras' ambidextrous spinner Vijay Yadav has set an ambitious target of making it to the IPL within the next one to two years, driven by his dedication to all three departments of the game and profound inspiration from Virat Kohli's aggression and commitment.
The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.
Ashutosh Sharma became the most expensive player in the Madhya Pradesh League (MPL) auction, fetching Rs 15 lakh. The MPL, featuring 10 teams, will be held in Indore in June, with the winning team receiving the Scindia Cup and Rs 50 lakh.
The Securities and Exchange Board of India (Sebi) is reportedly 'close' to approving the National Stock Exchange's (NSE) initial public offering (IPO) draft documents, with an expected market debut by early next month. Sebi Chairman Tuhin Kanta Pandey also emphasised the regulator's focus on enhancing market resilience against evolving risks, including technology failures and the impact of artificial intelligence.
9 fascinating facts about the dinosaur that shattered auction records.
'The money I owed was all mine. I didn't borrow it from anyone. I didn't owe anyone anything. I just had to sell my own assets and pay back.'
A police constable in Jharkhand is under investigation for allegedly defrauding people of Rs 39.60 lakh by promising cheap auctions of seized vehicles.
West Bengal Chief Minister Suvendu Adhikari on Monday said that hearings of applications for citizenship under the CAA will soon be over, and so far the state has issued certificates to 23,000 people out of 2.30 lakh applicants.
Under bullet repayment, the principal remains outstanding and unpaid interest raises the liability over time. This makes the LTV ratio more vulnerable to a sharp fall in gold prices.
A special court in Thane, Maharashtra, has sentenced the mastermind of an investment fraud to rigorous imprisonment and ordered the auction of his properties to repay duped investors.
Former India opener and coach Wasim Jaffer believes KL Rahul has the talent and technical ability to match Virat Kohli but said Kohli's elite mindset and consistency are what set him apart.
