CG Power commissions extra high-voltage switchgear facility in Maharashtra's Nashik

CG Power commissions extra high-voltage switchgear facility in Maharashtra’s Nashik

Electrical engineering industry major CG Power and Industrial Solutions Ltd on Thursday (June 4), said it has inaugurated and commenced commercial production at its extra high-voltage (EHV) switchgear manufacturing facility S3 unit-II in Nashik, Maharashtra. This is in addition to the S3 unit-I manufacturing facility at Ambad, Nashik, which makes EHV circuit breakers in the…

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SEBI Warning Letter to ICICI Bank: Early FPI fund repatriation triggers regulatory action, bank responds - Markets

SEBI Warning Letter to ICICI Bank: Early FPI fund repatriation triggers regulatory action, bank responds – Markets

According to the bank, the warning letter was issued on June 1, 2026, after it allowed an FPI to repatriate funds before the completion of the mandatory lock-in period under the Voluntary Retention Route (VRR). As a custodian, the bank’s action was found to be inconsistent with the provisions of the Reserve Bank of India…

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Trade Setup for April 2: Nifty sees a relief rally but 23,000 remains a barrier

Trade Setup for June 5: Nifty sets sights on RBI policy for next directional move; 23,500 remains key

After staging a sharp recovery in the previous session, the Nifty began Thursday’s trade on a weak note, opening with another gap-down. However, buying interest emerged once the index approached the key support zone of 23,150-23,200, helping it erase early losses and move into positive territory. The benchmark witnessed some intraday volatility thereafter but managed…

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Kuku FM IPO soon? Audio book platform files confidential papers with SEBI for up to Rs 3500-cr public issue - Valuation, revenue, owners' details - Markets

Kuku FM IPO soon? Audio book platform files confidential papers with SEBI for up to Rs 3500-cr public issue – Valuation, revenue, owners’ details – Markets

Kuku Technologies Ltd, which operates vernacular audio platform Kuku FM and short-video streaming app Kuku TV, has filed confidential draft papers with Sebi for an IPO to raise up to Rs 3,000 crore, according to sources. The company is planning to raise between Rs 2,500 and Rs 3,500 crore and is targeting a valuation of…

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Mutual Fund Champions: Nippon leads large and small cap, Edelweiss tops mid cap, Quant wins flexi cap | 10-year return chart - Markets

Mutual Fund Champions: Nippon leads large and small cap, Edelweiss tops mid cap, Quant wins flexi cap | 10-year return chart – Markets

In the small-cap category, Nippon India Small Cap Fund topped the charts with a 10-year annualised return of 21.92 per cent. Edelweiss Mid Cap Fund led the mid-cap segment, while Quant Flexi Cap Fund ranked first among flexi-cap funds, with both delivering annualised returns of around 20 per cent over the same period. In the…

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Investment Strategy at 50: Lump Sum or SIP? 9 funds recommended by expert to plan smart and balance risk - Mutual Funds

ET Now Exclusive | India bright spot despite global uncertainty, says Citi’s Micky Bhatia | Reasons for bullish outlook – Markets

India bright spot despite global uncertainty Highlights Citi sees geopolitical tensions and inflation as the biggest risks to global growth and bond markets. AI-led investments continue to support economic activity, with strong demand for AI-related debt financing. India remains a structural growth story driven by digitisation, policy stability and increasing global investor interest. Global financial…

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