Kalshi to require job details for certain bets amid insider trading concerns

Kalshi to require job details for certain bets amid insider trading concerns

Prediction market operator Kalshi is introducing stricter measures to stop insider trading, announcing that some users will soon be required to disclose their employment details before placing certain bets. Kalshi said the new requirement will apply to markets considered at higher risk of insider trading or manipulation. Under the system, users participating in such markets…

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Manappuram, Muthoot Finance shares fall up to 7% as gold slump raises growth concerns

Manappuram, Muthoot Finance shares fall up to 7% as gold slump raises growth concerns

Shares of gold-linked companies fell sharply in Wednesday’s trade after a steep correction in global bullion prices weighed on sentiment, dragging gold financiers such as Muthoot Finance and Manappuram Finance lower despite management assurances on asset quality. Among the major losers, Manappuram Finance declined nearly 7% to ₹289.45, while Muthoot Finance fell close to 4%…

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Nucleus Software rallies 18% on Indonesia's Azentra partnership, deepens Southeast Asia presence

Nucleus Software rallies 18% on Indonesia’s Azentra partnership, deepens Southeast Asia presence

Shares of Nucleus Software Exports Ltd. jumped as much as 18% on Wednesday, June 10, after the company announced a strategic partnership with Indonesia-based Azentra Solusi Digital to strengthen its presence in the Southeast Asian market and accelerate digital transformation initiatives for banks and financial institutions in the country. In an exchange filing, the company…

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Krystal Integrated Services bags ₹24 crore Maharashtra Sadan facility management order

Krystal Integrated Services bags ₹24 crore Maharashtra Sadan facility management order

Integrated facility management services provider Krystal Integrated Services Ltd on Wednesday (June 10) said it has received a ₹24.38 crore work order from the Office of Resident Commissioner, Maharashtra Sadan, for providing facility management services in New Delhi. The contract involves mechanised housekeeping services at the front office, management, reception, and maintenance of engineering services…

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DII buying cushions market as FII selling persists on June 10

DII buying cushions market as FII selling persists on June 10

Domestic institutional investors (DIIs) remained net buyers of Indian equities on June 10, helping cushion the impact of continued foreign selling in a session where benchmark indices ended mixed and broader markets came under pressure. According to exchange data, DIIs purchased shares worth ₹17,396.40 crore and sold equities worth ₹14,272.45 crore, resulting in a net…

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Pimco warns a wave of defaults is coming for low-quality borrowers

Pimco warns a wave of defaults is coming for low-quality borrowers

Pacific Investment Management Co. is warning that the “credit loss cycle is upon us” as heavy spending on artificial intelligence could widen economic outcomes and hit lower-quality borrowers. Pimco’s Richard Clarida, Andrew Balls and Daniel Ivascyn said in the firm’s latest annual secular outlook report that “the default cycle is reasserting itself, and we expect…

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