Protean eGov Technologies witnessed a sharp rally in its stock price, jumping 20% and hitting the upper circuit in intraday trade. The surge came after the company delivered robust financial results for FY26 and highlighted encouraging developments across its emerging business verticals. Investor sentiment improved significantly as the…
India and South Korea have taken another major step toward strengthening bilateral defence ties through a series of new strategic agreements signed during Defence Minister Rajnath Singh’s official visit to South Korea. The discussions focused on expanding cooperation across defence manufacturing, cyber security, maritime cooperation, military education and…
Telangana-based electronics manufacturing services company Merritronix is preparing to launch its Initial Public Offering (IPO) on June 1, 2026. The issue will mark one of the first SME IPOs scheduled for the new month and will be listed on the BSE SME platform. The company plans to raise…
The Securities and Exchange Board of India (SEBI) has introduced a revised methodology for estimating household savings flowing into the securities market, leading to higher savings ratios for the financial year 2024-25. The updated framework provides broader coverage of investments linked to capital markets and reflects changing household…
Apollo Tyres Limited has announced an ambitious expansion strategy with a planned capital expenditure of nearly ₹3,500 crore aimed at increasing manufacturing capacity across India and Europe. The investment comes at a time when the tyre industry is witnessing rising raw material prices, especially natural rubber, along with…
Shares of MedPlus Health Services witnessed a strong rally in intraday trading after the company reported robust financial results for the fourth quarter of FY26. Investor sentiment improved significantly following healthy growth in profit, revenue and operating margins. The stock jumped more than 11% during the trading session…
A lumpsum investment strategy is commonly used by investors who have a large amount available for deployment at one time and want to benefit from long-term market growth. One of the biggest advantages of a lumpsum investment is the power of compounding, where returns generated over time continue…
Reserve Bank of India has proposed a new draft framework aimed at tightening recovery practices for banks and non-banking financial companies (NBFCs), including rules related to mobile device financing and borrower protection. Under the proposed norms, lenders may be allowed to restrict certain non-essential mobile phone functions if…
Franklin Templeton has announced a temporary suspension on fresh subscriptions into the Franklin India Retirement Fund effective May 20, 2026. The move impacts all new investment inflows into the scheme, including systematic and lump-sum investment routes. The decision forms part of the fund house’s inflow management strategy and…
Asian stock markets continued to decline on May 20, 2026, as increasing global bond yields affected investor confidence in major economies. Market participants are staying cautious as they prepare for important corporate earnings from the tech giant Nvidia, which is expected to have a significant impact on global…
