News
Muthoot Fin Corp IPO plans: Board approves Rs 4, 000 crore issue; CEO eyes at least 10% dilution - Report
7+ hour, 19+ min ago (611+ words) As per PTI, the proposed issue is expected to include a fresh issue of equity shares and comes at a time when gold loan companies are seeing strong demand amid elevated gold prices and rising formalisation in the lending sector....
Srinivasan Venu, Shruti Lohia-promoted firms to buy minority stakes in Jana Small Finance Bank
3+ hour, 19+ min ago (302+ words) Jana Small Finance Bank is raising Rs 728 crore by selling equity shares, with Shruti Lohia's firm set to acquire around 4% and TVS Venu Group taking a 9. 9% stake on a fully diluted basis. The bank is planning to upgrade to a…...
Physicswallah IPO lock-in expiry: Rs 2, 949 worth of shares to free up for trade today. Do you own?
8+ hour, 21+ min ago (134+ words) India IPO Physicswallah shares are in focus as nearly 26 crore shares, valued at Rs 2, 949 crore, become eligible for trade post-lock-in expiry. This event follows a significant price decline from its listing, though the stock has seen some recovery. The edtech…...
SBI Ventures to manage Rs 20, 000 crore Maritime Fund
10+ hour, 18+ min ago (561+ words) SBI Ventures has been appointed as the fund manager for the "20, 000-crore Maritime Investment Fund. This initiative, backed by government equity, aims to attract private capital for the maritime sector's growth. The fund will operate as a trust and be…...
Best arbitrage mutual funds to invest in May 2026
6+ hour, 35+ min ago (726+ words) Arbitrage mutual funds present an avenue for investors seeking returns over a year or more. These funds capitalize on price discrepancies between cash and derivatives markets. They are taxed like equity funds, with a 12. 5% long-term capital gains tax after one…...
Liquid fund inflows at a 7-year high as investors avoid risk
10+ hour, 18+ min ago (336+ words) Liquid funds saw a record inflow of over "46, 000 crore in April, the highest in seven years. This surge was driven by ample money in the banking system and attractive short-term returns. Investors also chose these low-risk options due to equity…...
Zydus Lifesciences Board Meeting on May 19, 2026 to Consider Equity Share Buyback Proposal
15+ hour, 12+ min ago (730+ words) Zydus Lifesciences Limited has notified the BSE and the National Stock Exchange of India of an upcoming Board of Directors meeting scheduled for Tuesday, May 19, 2026. At this meeting, the Board will consider a proposal for the buyback of fully paid-up…...
Balmer Lawrie recommends "4. 25 per share dividend for FY26
21+ hour, 48+ min ago (544+ words) Balmer Lawrie & Co. Ltd. has recommended a dividend of "4. 25 per equity share for the financial year ended March 31, 2026. The decision was taken during the Board of Directors' adjourned meeting held on May 17, 2026, under Regulation 30 of the SEBI Listing Obligations and…...
Gold loans are no longer merely the last source of credit for the poor: Shaji Varghese, CEO, Muthoot Fin Corp
15+ hour, 18+ min ago (260+ words) Muthoot Fincorp is gearing up for a monumental "4, 000 crore IPO, seeking to ignite its expansion plans and harness the momentum of its current growth trajectory. With an optimistic eye on the future, the company is poised to navigate market fluctuations…...
Coal India gets nod for Mahanadi Coalfields listing with up to 25% stake sale via IPO, OFS
20+ hour, 54+ min ago (295+ words) The disinvestment and capital raising may be undertaken either simultaneously or separately, in one or more tranches, with the overall limit set at reducing Coal India Ltd's shareholding in MCL by up to 25%. Shares of Coal India Ltd ended at…...