Shares of Wipro Limited came under pressure in early trading, slipping over 2% even as the company unveiled a significant capital return initiative. The development has drawn market attention due to the scale of the buyback as well as the decision of promoters to participate in the offer.…
India’s pharmaceutical pricing landscape may witness a short-term adjustment as the government evaluates a proposal to allow a temporary increase in the prices of essential medicines. The potential revision, estimated in the range of 10–20%, is being considered in response to rising input costs and supply chain disruptions…
Shares of leading seafood exporters Avanti Feeds Limited and Apex Frozen Foods Limited witnessed a sharp rally during Friday’s trading session, climbing as much as 13% and touching fresh lifetime highs. The surge came amid strong trading volumes, reflecting heightened market activity and renewed interest in the shrimp…
The preparatory phase for the upcoming 8th Central Pay Commission (8CPC) is gradually gathering pace, with key stakeholders beginning to outline their expectations regarding salary revisions for central government employees and pensioners. In a significant development, the staff side of the National Council–Joint Consultative Machinery has submitted a…
India’s equity mutual fund landscape witnessed steady expansion during the financial year 2025–26, with average assets under management (AAUM) recording a notable year-on-year increase. According to data compiled from the Association of Mutual Funds in India and analysed by Abakkus Mutual Fund, equity-oriented mutual funds reported a 17.38%…
India’s primary market activity in March 2026 witnessed notable participation from institutional investors, particularly mutual funds, which collectively invested close to ₹1,878 crore across multiple initial public offerings (IPOs). The investment pattern, as highlighted by data from Prime Database, reflects a focused and selective approach rather than a…
India’s leading e-commerce platform Flipkart is reportedly preparing for a significant capital raise ahead of its anticipated public listing. According to recent reports, the company is exploring a pre-IPO fundraising round in the range of $2 billion to $2.5 billion, as it positions itself for entry into the…
In a significant development for India’s semiconductor ambitions, the Government has officially notified a Special Economic Zone (SEZ) for Tata Semiconductor Manufacturing Pvt Ltd at Dholera in Gujarat. The notification, issued by the Department of Commerce on April 9, 2026, paves the way for establishing a large-scale semiconductor…
India’s financial regulatory landscape has witnessed a notable shift as the Reserve Bank of India (RBI) introduces revised guidelines governing branch expansion for non-banking financial companies (NBFCs). The updated framework, issued under the “Non-Banking Financial Companies – Branch Authorisation Directions, 2026,” marks a significant move towards simplifying operational…
HDFC Asset Management Company (HDFC AMC) has reported its financial results for the fourth quarter of FY26, accompanied by a final dividend recommendation that has placed the stock in market focus. The company’s performance for the full year reflects consistent growth across key financial metrics, even as the…
