Sebi proposes relaxation for AMCs opening doors for business expansion

The Securities and Exchange Board of India (Sebi) on Monday proposed relaxations for asset management companies (AMCs) to serve pooled non-broad-based funds, giving an opportunity to fund houses to expand their business. Photograph: Francis Mascarenhas/Reuters The proposed relaxations of the

Trump extends reciprocal tariff deadline from July 9 to August 1

The US on Monday decided to delay imposing its “Liberation Day” reciprocal tariffs until August 1, allowing more time to iron out issues between New Delhi and Washington before finalising an interim trade deal. Photograph: Elizabeth Frantz/Reuters On April 2,

Public life likely to be hit as over 25 crore workers call ‘Bharat Bandh’ on Wednesday

More than 25 crore workers engaged in sectors ranging from banking, insurance, postal to coal mining, highway and construction are expected to go on a nationwide general strike on Wednesday, potentially disrupting services across the country. Illustration: Dominic Xavier/Rediff A

US Stock Market LIVE Updates: Dow Jones loses 260 points as investors wait on trade deals; Tesla tumbles

US Stock Market LIVE Updates: US stocks are lower in early trading Monday (July 8) as the Trump administration steps up pressure on trading partners to make deals before a Wednesday deadline. The S&P 500 was 0.3% lower as trading

Eicher Motors declares ‘Record Date’ for ₹70/share dividend issue. Details here

Eicher Motors’ board of directors announced that the automaker has fixed its ‘Record Date’ for its fourth quarter dividend issue on Friday, 1 August 2025, according to an exchange filing on Monday, 7 July 2025.  This will mark the final

Automobile retail sales up 5% in June; PVs, two-wheelers see growth

Automobile retail sales in India rose around 5 per cent year-on-year in June with all vehicle segments, including passenger vehicles and two-wheelers, witnessing growth, Federation of Automotive Dealers Associations (FADA) said on Monday. Photograph: Carlo Allegri/Reuters Overall automobile registrations last

Growth to remain muted for IT services firms in Q1 amid macro uncertainty

Indian information technology (IT) service providers are expected to deliver low single-digit sequential growth in the first quarter (April-June) of 2025-26 (FY26), even as macroeconomic uncertainties continue to persist due to the volatile geopolitical environment. Illustration: Uttam Ghosh/Rediff While the

SC refuses to entertain HDFC Bank CEO’s plea challenging FIR by Lilavati Trust

The Supreme Court on Friday refused to entertain a plea by HDFC Bank CEO and MD Sashidhar Jagdishan challenging an FIR of cheating and fraud registered against him on a complaint by the Lilavati Kirtilal Mehta Medical Trust, which runs

Auto: GoI greenlights bike taxis, over to states

While mobility aggregators such as Rapido and Uber have welcomed the decision, gig workers associations and unions remain concerned. IMAGE: Kindly note that this image has been posted for representational purposes only. Photograph: ANI Photo The ministry of road transport

Emmvee Photovoltaic Power files ₹3,000 crore IPO papers with SEBI, targets major debt reduction

Bengaluru-based solar energy firm Emmvee Photovoltaic Power has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Sunday (July 06), aiming to raise ₹3,000 crore through an initial public offering (IPO). The