Edelweiss Mutual Fund is set to launch a Greater China-focused equity scheme for retail investors through the GIFT City platform, according to reports. The proposed offering will allow Indian investors to gain exposure to equity markets in Mainland China, Hong Kong, and Taiwan through an international feeder fund…
Corona Remedies made a strong debut on the stock exchanges on December 11, 2025, after witnessing significant demand during its initial public offering. The company’s shares were listed at ₹1,470 on the National Stock Exchange (NSE), representing a premium of 38.42 percent over the issue price. On the…
Several leading mutual fund houses in India continued to maintain sizeable cash positions in their portfolios during November, according to data from an ACE Mutual Fund report. Five asset management companies (AMCs), including SBI Mutual Fund and PPFAS Mutual Fund, reported cash holdings exceeding ₹10,000 crore during the…
The Reserve Bank of India (RBI) has advised banks to link loans extended to micro, small and medium enterprises (MSMEs) to an external benchmark, with the objective of improving the transmission of monetary policy, the government informed Parliament. In a written reply in the Lok Sabha, Minister of…
Indian Overseas Bank (IOB) has announced a reduction in its lending rates following the Reserve Bank of India’s recent policy rate cut. The revised rates will come into effect from Monday, December 15. The public sector bank has lowered its repo-linked lending rate (RLLR) by 25 basis points,…
Several listed companies are scheduled to mark record dates this week for corporate actions including a share buyback, interim dividends, and a bonus issue. These record dates determine shareholder eligibility for the announced actions. The key developments involving eClerx Services, Indian Oil Corporation, Can Fin Homes, and Dr.…
Akme Fintrade (India) Limited has announced key decisions following a meeting of its Board of Directors held on December 13, 2025. The meeting resulted in approvals related to fund mobilisation through debt instruments and changes in the company’s board composition, in line with regulatory disclosure requirements. Board Meeting…
Raconteur Global Resources Approves ₹430.50 Crore Preferential Issue, Appoints New Company Secretary
Raconteur Global Resources Limited has announced a series of key corporate decisions following a meeting of its board of directors held on December 13, 2025. The meeting was conducted via video conferencing and focused on capital raising initiatives, senior management appointments, and the shareholder approval process. Approval of…
Shivganga Drillers, an integrated oilfield services company, has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for a proposed initial public offering (IPO) of ₹400 crore. Structure of the Public Issue According to the DRHP filed on December 12, the…
Ola Electric Mobility Limited has commenced same-day delivery for select electric vehicles powered by its 4680 Bharat Cell technology in Bengaluru. The newly introduced service allows customers to complete purchase, registration, and vehicle delivery within a single day, marking a significant operational update for the company in the…