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The Securities and Exchange Board of India (Sebi) has proposed changes to the price-discovery mechanism for initial public offerings (IPOS) and relisted stocks during the preopen call auction session. Under the proposed revised...
London-headquartered high-frequency trader (HFT) Qube Research & Technologies (QRT) is setting up operations in GIFT City, providing a boost to the country’s only International Financial Services Centre (IFSC), which aims to position...
Major lenders such as HDFC Bank, Indusind Bank and Yes Bank have adopted hybrid working arrangements following Prime Minister Narendra Modi’s call for austerity measures, while others such as Axis Bank, Citibank, and foreign banks have...
Cigarette-to-soap conglomerate ITC’S consolidated net profit from continuing operations (adjusted net profit) grew 6.1 per cent year-on-year (Y-O-Y) to ~5,469.74 crore in the January-march quarter (Q4) of FY26 aided by cigarettes and...
Senior executives of major automobile companies have told the Ministry of Petroleum and Natural Gas that a phased rollout of flex-fuel vehicles, along with a GST cut for flex-fuel two-wheelers, would be the best way to accelerate their...
■ Sebi flags distorted pricediscovery concerns for IPOS, relisted stocks ■ Plans overhaul of pre-open auction mechanism ■ Exchanges may widen price-discovery bands for more accurate discovery ■ 5 unique investors needed for band...
Hours after returning from his five-nation foreign visit, Prime Minister Narendra Modi on Thursday evening held an over 4.5 hour meeting of his council of ministers. The meet came amidst the conflict in West Asia, and the Centre’s efforts...
Radisson Hotel Group is launching India’s first stadium hotel in Nathdwara, near Udaipur, as part of a push into its second-largest market globally after China. The Brussels-headquartered chain is also in talks with the Himachal Pradesh Cricket...
