Global investors have withdrawn around $8.5 billion from India-focused funds so far in 2026 as capital continues to flow towards artificial intelligence-linked investment opportunities in markets such as South Korea, Taiwan and the United States, according to a report by Elara Securities. In its latest Global Liquidity Tracker, Elara said India has emerged as a…
Realty firm Mahindra Lifespace Developers Ltd on Friday (June 19) said it has acquired a 15-acre land parcel in Kandivali East, Mumbai, with an estimated Gross Development Value (GDV) of around ₹5,600 crore and development potential of approximately 1.8 million square feet. The open greenfield land parcel is located in Kandivali East and offers connectivity…
The Nifty is reaching a vital technical point as the benchmark index continues to hover around the 24000-mark. After going below the significant doorstep, the index is now testing an important support zone, keeping traders and investors concerned. Paying heed to the same, Rajesh Palviya, Head of Technical and Derivatives Research at Axis Securities, told…
Bulk and block deal activity dominated trade on June 19, with significant institutional participation in Knowledge Marine & Engineering Works. Promoters Kanak Kewalramani and Dinesh Kewalramani together sold 5.13 lakh shares worth ₹101 crore at an average price of ₹1,962.35 per share. In a parallel transaction, SBI Funds Management picked up around 4 lakh shares,…
SBI Mutual Fund, the country’s largest fund house, has secured market regulator Sebi’s approval to float its initial public offering (IPO), a person familiar with the matter said on Friday. The proposed maiden public offering is entirely an offer for sale (OFS) of up to 20.37 crore equity shares, with no fresh issue component, according…
State-owned Chennai Petroleum Corporation Ltd (CPCL) has been upgraded to Navratna Central Public Sector Enterprise (CPSE) status following approval by the Union Finance Minister, according to the Department of Public Enterprises. With the approval, Chennai Petroleum Corporation has become the 28th Navratna among central public sector enterprises in India. ALSO READ | Standalone refiners Chennai…
SEBI board clears open market buybacks The Securities and Exchange Board of India (SEBI) has approved a set of important regulatory changes aimed at making capital markets more efficient, reducing compliance burdens and improving investor convenience. The decisions were taken during the regulator’s board meeting held on Friday and cover key areas such as share…
Kolkata-based speciality chemicals major Himadri Speciality Chemical Ltd on Friday (June 19) said it has increased its stake in US-based International Battery Company, Inc to 20.47% on a fully diluted basis, following an additional investment of $0.66 million. Prior to the latest infusion, Himadri had invested an aggregate of $5.43 million in International Battery Company…
India’s capital markets regulator SEBI has approved the reintroduction of the open-market mechanism for share buybacks through stock exchanges, marking a reversal of its earlier stance on the route, officials said on Friday, June 19. The revised framework, cleared by the SEBI board, will come into effect from August 1, 2026, SEBI Chairperson Tuhin Kanta…
Foreign institutional investors (FIIs) turned strong net buyers of Indian equities on Friday, while domestic institutional investors (DIIs) emerged as net sellers, marking a reversal from the previous trading session. According to exchange data, FIIs bought shares worth ₹31,442.87 crore and sold equities worth ₹26,583.80 crore, resulting in net inflows of ₹4,859.07 crore, their biggest…
