BofA Securities offloaded shares of five companies, including Grasim Industries and Manappuram Finance, for Rs 859 crore through open market transactions.

The Reserve Bank of India has asked NBFCs to stick to a cash payment limit of Rs 20,000 for gold loans, citing Income Tax laws. This move aims to enhance compliance and transition towards digital...

Asirvad Micro Finance, a subsidiary of Manappuram Finance, gets Sebi's approval for its initial public offering (IPO) to raise up to Rs 1,500 crore. The IPO will be a fresh issue of equity shares...

Manappuram Finance plans to raise up to USD 500 million through external commercial borrowings (ECBs) to support business growth.

Indian bankers welcome RBI's decision to maintain key rates, with focus on LCR review to address digital liquidity risks.

Tesla CEO Elon Musk confirms a delay in the Aug 8 robotaxi unveiling event, citing a design change. The event is now expected to take place in October.

Vedanta Ltd announces a qualified institutional placement (QIP) issue at a floor price of Rs 461.26 per share, aiming to reduce debt and fund capital expenditure.

Sebi has fined Monetary Solutions Rs 25 lakh for violating market norms, including advertising fake testimonials and failing to disclose an investor charter.

Zee Entertainment shareholders have approved a plan to raise Rs 2,000 crore through equity shares and QIPs. The move follows the termination of the Sony merger deal and is expected to boost...

Apparel exporters urge India's Finance Minister to provide fiscal incentives, including customs duty cuts and fund support, in the upcoming Budget to enhance export competitiveness.

Thailand is set to roll out a $13.8 billion digital money handout plan to boost its lagging economy, facing criticism from economists for its effectiveness. Learn more about the Digital Wallet...

Tesla CEO Elon Musk confirms a delay in the Aug 8 robotaxi unveiling event, citing a design change. The event is now expected to take place in October.

Vedanta Ltd announces a qualified institutional placement (QIP) issue at a floor price of Rs 461.26 per share, aiming to reduce debt and fund capital expenditure.

Sebi has fined Monetary Solutions Rs 25 lakh for violating market norms, including advertising fake testimonials and failing to disclose an investor charter.

India hikes windfall tax on domestic crude oil to Rs 7,000 per tonne, effective July 16, as part of efforts to manage revenue from energy sector profits.