SBI Mutual Fund has increased its stake in Sundram Fasteners Limited (SFL) to 7.5534 percent. As per the exchange filing, the mutual fund, through its various schemes, purchased 10,814 shares representing 0.0051 percent of the company’s paid-up share capital. Following
‘In case a particular industry has not passed on the benefits and if we receive complaints, we will take up the matter with the industry body concerned.’ Illustrations: Dominic Xavier/Rediff After the Goods and Services Tax Council took the historic
‘Despite assurance from China, none of the companies have received supplies from Chinese sellers.’ IMAGE: The assembly line at the Hyundai Motor India Ltd plant in Kancheepuram district, Tamil Nadu. Photograph: Babu/Reuters Even after China’s assurance to address India’s
India must act decisively to fully leverage the vast opportunities that exist in India for developing the entire rare earth magnet ecosystem, SIAM president Shailesh Chandra said on Thursday. Photograph: Babu/Reuters The government is considering incentives for the production of
Benchmark BSE Sensex climbed 124 points while broader Nifty settled above 25,000 on Thursday, tracking a rally in global peers amid Fed rate cut hopes. Photograph: Hemanshi Kamani/Reuters Rallying for the fourth day in a row, the 30-share Sensex climbed
US CPI Data LIVE Updates: Market participants are closely watching the US inflation numbers due on Thursday (September 11), ahead of next week’s Federal Open Market Committee (FOMC) meeting. Market participants are closely watching the US inflation numbers due on
Sebi’s dual structured digital database (SDD) rule requires India’s listed banks to maintain two distinct, tamper-proof digital logs of unpublished price-sensitive information (UPSI). One database must track the bank’s own UPSI, while the second must log confidential data held on
‘The petrol lobby is very rich and strong.’ IMAGE: Union Minister of Road Transport and Highways Nitin Gadkari addresses the Federation of Automobile Dealers Associations’s Auto Retail Conclave 2025 in New Delhi, September 10, 2025. Photograph: ANI Photo The recent
Chief Economic Adviser V Anantha Nageswaran on Wednesday said that the country is not pursuing any proposal to replace the US dollar as international currency for global trade. Photograph: Dado Ruvic/Reuters “No, certainly not. I think India is not part
Sebi on Wednesday said angel funds can raise capital only from accredited investors, as part of the revised framework notified by the regulator to streamline fundraising, investment and compliance norms under the alternative investment funds rules. Photograph: Francis Mascarenhas/Reuters In
