The Life Insurance Corporation of India (LIC), the largest domestic institutional investor in the country, witnessed a significant decline in the value of its holdings in seven Adani Group companies. On Thursday, November 21, the total drop amounted

Adani Group stocks experienced a sharp crash on Thursday, plummeting by up to 20% in the aftermath of charges filed in the United States against the group’s founder, Gautam Adani, and seven others. The charges, which allege a $250 million

Two of India’s energy giants, ONGC and NTPC, are joining forces to tap into renewable energy opportunities, both within India and internationally. Their green energy subsidiaries have partnered to explore fresh projects and evaluate acquisitions, c

Investors who eagerly awaited the debut of Flipkart-backed Zinka Logistics Ltd. (BlackBuck) were surprised when the company's shares did not list on the NSE and BSE today, November 21. The listing was postponed to November 22, following the T+3 listi

The Indian telecom giant told exchanges on November 20 that Nokia has secured a multi-year, multi-billion extension deal from Bharti Airtel to roll out 4G and 5G equipment throughout Indian cities. According to Gopal Vittal, MD and Vice Chairman of B

ICL Fincorp is a non-deposit-taking, base-layer Non-Banking Financial Company (NBFC) specializing in gold loans, where money is lent against the pledge of household gold ornaments. The company operates primarily in Kerala, Tamil Nadu, Andhra Pradesh,

KLM Axiva Finvest Limited, established in 1997, is a non-deposit-taking systemically important NBFC (Middle Layer) primarily catering to low- and middle-income individuals and businesses. The company has announced the issuance of Secured Non-Converti

Student recruitment solution provider Crizac is gearing up to raise ₹1,000 crore through an initial public offering (IPO). The Kolkata-based company refiled its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SE

The Securities and Exchange Board of India (SEBI) has issued a cease-and-desist order against four unregistered online platforms. The unregistered online platforms (UOPs) involved are AI Growth Pvt Ltd, the owner of altGraaf; Texterity Pvt Ltd, the o

The IPO market, once a hub of excitement and sky-high demand, is losing its spark. Take November, for instance—big names like Afcons Infrastructure (2.6x), Sagility India (3.2x), Swiggy (3.6x), ACME Solar Holdings (2.8x), and Niva Bupa Health Insur

On November 19, insurance stocks in India witnessed a significant downturn following Finance Minister Nirmala Sitharaman’s comments urging banks to focus on core banking activities and avoid excessive selling of insurance products. The remarks, mad

Online travel company MakeMyTrip has announced its plan to acquire Happay, an expense management platform, from the fintech giant CRED. The deal will see MakeMyTrip enhance its corporate travel and expense management offerings, with an aim to solidif