The Securities and Exchange Board of India (SEBI) has on Wednesday, December 17, approved a comprehensive overhaul of regulations governing stockbrokers, replacing the three-decade-old SEBI (Stock Brokers) Regulations, 1992 with a new framework. The move is aimed at modernising broker
India’s capital markets regulator, the Securities and Exchange Board of India (Sebi), on Wednesday, 17 December 2025, decided to cut the charges of the expense ratios in mutual funds, revising its long-standing norms after companies urged the regulator to make
Stock markets declined for the third consecutive day on Wednesday, with benchmark Sensex closing lower by 120 points at a week’s low due to relentless foreign fund outflows. Photograph: Shailesh Andrade/Reuters The 30-share BSE Sensex edged lower by 120.21 points
Finance Minister Nirmala Sitharaman on Tuesday said that raising the FDI limit to 100 per cent in the insurance sector will help attract more capital, improve competition and increase insurance penetration by making policies more affordable. Illustration: Dominic Xavier/Rediff Replying
The Centre has notified the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet (REPM) with an outlay of Rs 7,280 crore. IMAGE: A sample of bastnaesite ore, a mineral used in the rare earth industry. Photograph: Maxim Shemetov/Reuters
After completion of its mandatory tender offer in Fortis Healthcare and Fortis Malar Hospitals, Malaysian health care giant IHH Healthcare is aiming to add 2,000 beds in a bid to double down on value creation in India. Photograph: Saumya Khandelwal/Reuters
Bhavish Aggarwal, Co-Founder of Ola Electric Mobility Ltd, on Tuesday (December 16) sold 2.6 crore shares, representing a 0.6% stake in the company, through a bulk deal. The shares were sold at an average price of ₹34.99 per share, bringing
ICICI Prudential AMC IPO in focus: The initial public offering of ICICI Prudential Asset Management Company Ltd., a subsidiary of ICICI Bank, received a solid response from investors during its three-day bidding period. The issue saw a subscription rate exceeding
The rupee fell 23 paise against the greenback to settle at a new all-time low of 91.01 (provisional) on Tuesday, weighed down by relentless foreign fund outflows, no breakthrough in India-US trade deal, and persistent US dollar buying. Illustration: Dominic
While 28,141 applicants accepted internship in round one, in the second phase this was down to 24,638. Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes. Under the Prime Minister Internship Scheme (PMIS),
