SEBI has penalized Reliance Securities with Rs 7 lakh for violating stock broker regulations. An inspection revealed incorrect details in client margin statements and ledger balances. The firm also failed to comply with risk-based supervision guidelines by misreporting cash collateral…
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Delhivery Ecom Express acquisition: Delhivery is set to acquire rival Ecom Express in an all-cash deal worth Rs 1,407 crore, signaling major consolidation in India’s logistics sector. The deal marks an 80% drop in Ecom Express’s valuation, with key PE…
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RBI Monetary Policy Meeting: India’s central bank is anticipated to lower interest rates, coinciding with the implementation of US import tariffs. Investors are bracing for potential market instability, with expectations that Governor Sanjay Malhotra will implement measures to strengthen the…
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Indian benchmark indices Nifty 50 and Sensex rebounded on Tuesday, recovering from Monday’s sharp decline triggered by U.S. tariff concerns. Early trading saw widespread buying across sectors, with the BSE Sensex rising 1.56% and the Nifty 50 gaining 1.65%. Markets…
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In response to U.S. tariffs on steel and aluminum, the European Commission proposed 25% counter-tariffs on a range of U.S. goods, including diamonds, eggs, and poultry, with some taking effect in May and others in December. Bourbon, wine, and dairy…
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IndiGo CarGo aims for double-digit revenue and tonnage growth by expanding international operations and improving aircraft utilization. The cargo arm plans to enter new markets like Saudi Arabia and the Maldives, while strengthening its presence in existing markets such as…
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