Rights issues hit 28-year high as QIPs shrink amid market correction

The number of rights issues more than doubled and hit a 28-year high in 2025, even as qualified institutional placements (QIPs) shrank amid a broader market correction and the Securities and Exchange Board of India’s (Sebi’s) revised framework for rights

Three key drivers for the equity markets this week

Macroeconomic data announcements, global trends and trading activity of foreign investors would be major driving factors for market movement this week, analysts said. Illustration: Uttam Ghosh Unabated capital infusion by domestic institutional investors have supported the positive trend in the

EV penetration in luxury car segment dips in GST 2.0 era

Electric vehicle (EV) penetration in the luxury car segment has seen a drop by nearly 3 percentage points in the GST 2.0 era with the internal combustion engine versions offering better total cost of ownership, according to industry players. Photograph:

FPIs pull out Rs 7,608 cr from equities in just 2 days of Jan

Foreign portfolio investors have started 2026 on a cautious note, extending their selling streak from last year by withdrawing Rs 7,608 crore ($846 million) from Indian equities in the first two trading sessions of January. Illustration: Dominic Xavier/Rediff The withdrawal

ITC stock downgraded after excise duty hike

Brokerages also cut rating and share price targets for the stock Analysts have sharply reduced cigarette maker ITC’s earning estimates for the next two years, fearing a significant dent in the company’s profitability and margins. Illustration: Dado Ruvic/Reuters This is

Listed companies’ rent, lease expenses down since pandemic

Companies’ rent and lease expenses have seen a significant decline relative to the money they make since the pandemic. Illustration: Dominic Xavier/Rediff Rent and lease expenses were the equivalent of 0.72 per cent of the total value of goods produced

Ola Electric’s mkt share at 9.3% in Dec

Driven by improved customer experience, Ola Electric is witnessing “clear outcomes” in market share from its focused service transformation programme, the company said, as it registered 9,020 units in December, lifting its month-on-month share to 9.3 per cent from 7.2

Banks see double-digit credit growth in Q3 FY26 on strong lending

Six banks that reported their quarterly business updates for the October-December (Q3FY26) quarter on Friday recorded double-digit growth in their loan books compared with a year ago. Deposits also posted healthy growth during the period. Illustration: Uttam Ghosh State-owned Punjab

FPIs purchase Rs 7,524 crore of debt, highest single day in 7 months

The first day of the year 2026 was positive for the debt market with foreign investors buying a net domestic debt of Rs 7,524 crore, the highest single-day inflow since May 29 last year. Foreign portfolio investors pumped Rs 29,179

India’s forex reserves jump $3.29 bn to $696.61 bn

India’s forex reserves jumped by $3.29 billion to $696.61 billion in the week to December 26, the RBI said on Friday. Photograph: Florence Lo/Reuters The overall kitty had increased by $4.368 billion to $693.32 billion in the previous reporting week.