This policy change modifies the earlier rule under SEBI’s master circular for depositories, which strictly required 100 per cent of the interest or income earned from the Investor Protection Fund to be credited directly back into the fund corpus. The Securities and Exchange Board of India (SEBI) has relaxed norms governing how depositories utilise income…
Sensex Prediction for Wednesday, July 8 by experts: The technical analysts believe the broader bullish trend remains intact, with the 78,000 level emerging as the key support for the 30-share BSE Sensex ahead of Wednesday’s trade. Sensex Prediction for Wednesday, July 8: Benchmark stock indices ended marginally lower on Tuesday, July 7, due to last-minute…
Drone maker ideaForge Technology Ltd on Tuesday (July 7) launched its qualified institutional placement (QIP) to raise up to ₹500 crore. The company has set an indicative issue price of ₹795 per equity share, implying a 5.4% discount to the NSE closing price on July 7, 2026. The company plans to use the proceeds from…
Capital markets regulator Sebi on Tuesday relaxed the norms governing utilisation of interest or income earned from the Investor Protection Fund of depositories, allowing up to 5% of such income to be used for administrative and statutory expenses. Earlier, depositories were required to plough back 100% of the interest or income earned from investments made…
HCLSoftware has completed the acquisition of Jaspersoft, with the embedded analytics and reporting platform becoming part of Actian, the company’s data and AI division. The company said Jaspersoft’s embedded analytics and reporting capabilities will be integrated with Actian’s data management portfolio. Actian will continue to develop Jaspersoft’s roadmap, with planned enhancements including AI-enhanced analytics, agentic…
Infrastructure company Ceigall India Ltd on Tuesday (July 7) said it has received the appointed dates for three highway projects with a combined project value of ₹4,050 crore, enabling the commencement of construction activities across road infrastructure projects in Jharkhand and Madhya Pradesh. The respective project authorities have declared July 6, 2026 as the appointed…
Global markets remain in focus as investors rotate away from AI-linked stocks, pushing the Dow Jones to a record intraday high while the Nasdaq declin…Read More 1/6 US Market | The Dow Jones Industrial Average climbed to a record intraday peak on Tuesday as investors continued shifting funds away from artificial intelligence-linked stocks. The blue-chip…
Shares of Rashtriya Chemicals and Fertilizers Ltd. (RCF) jumped after the company’s board approved raising up to ₹1,500 crore through a Further Public Offering (FPO), subject to approvals from shareholders, the Department of Fertilizers and the Department of Investment and Public Asset Management (DIPAM). The state-run fertiliser maker said the fundraise will be carried out…
Titan Company, which was valued at less than a tenth of Tata Consultancy Services (TCS) around six years ago, has steadily narrowed the gap. The jewellery maker is now worth more than half of the Tata Group’s largest company by market capitalisation. TCS currently commands a market value of about ₹7.6 lakh crore, compared with…
SpaceX is set to officially join the Nasdaq-100 index on Tuesday, marking a major milestone in its post-IPO journey and triggering billions of dollars in automatic buying by index funds that track the benchmark. The Nasdaq-100 is one of the world’s most widely followed technology indexes and underpins more than 200 investment products managing about…
