Coca-Cola is preparing to list its Indian bottling arm, Hindustan Coca-Cola Beverages (HCCB), through an IPO this summer to raise approximately $1 billion. The company […]
Category: news
Market Holiday: Can investors trade gold, silver on MCX today?
Trading on MCX will be limited to the evening session on Wednesday, January 15. This is due to Municipal Corporation elections in Maharashtra. The Indian […]
Stock Market Holiday: Are NSE, BSE closed for trading today for Maharashtra Municipal election?
NSE Holiday Today 2026: Both exchanges issued revised circulars confirming the trading holiday. The BSE clarified that equity derivatives contracts originally scheduled to expire on […]
Wall Street ends lower, led by drop in Nasdaq, with tech, banks falling
U.S. stocks declined Wednesday, led by a drop in the Nasdaq and technology shares as investors sought defensive sectors. Bank stocks extended losses following mixed […]
RBI tightens forex risk norms, aligns capital rules with global standards
The Reserve Bank of India has introduced new banking rules for calculating foreign exchange risk capital charges, aiming for international alignment. Banks will now compute […]
Tiger Global’s treaty ‘abuse’ case key to how money flows to India
International investors await a crucial Supreme Court verdict on Tiger Global’s tax case. This ruling will significantly impact how foreign funds structure their investments in […]
Large deal wins power Infosys Q3 performance; labour code impact weighs on margins
Infosys secured significant large deals in the December quarter, exceeding revenue expectations. A one-time impact from labor code changes affected profits. The company also increased […]
Elara Capital sees Nifty at 30,000 by March 2027
Elara Capital forecasts the Nifty index to reach 30,000 by March 2027. This projection suggests a potential 17% increase from current levels. The brokerage anticipates […]
SMBC gets RBI’s in-principle nod for fully-owned India subsidiary
India’s central bank has given Sumitomo Mitsui Banking Corp initial approval to establish a wholly-owned subsidiary. This move allows the Japanese bank greater operational freedom […]
US, Europe dominate FPI flows, Singapore & Mauritius lose out
Overseas capital in Indian equities has shifted structurally, with US and European investors now dominating over traditional tax havens like Mauritius. Tighter tax norms and […]