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MUMBAI: SBI Mutual Fund, the largest fund house in India, on Thursday filed for its much-awaited public offering, expected later in the year. Through this offer, the two sponsors of the fund house-SBI and Amundi (of France)-are selling 6.3% and 3.7% stakes, respectively.The two sponsors of the fund house are expected to garner a total…
MUMBAI: Precious metal prices crashed on Thursday after oil rallied to a near three-year high, raising inflation concerns and the US Federal Reserve maintained a status quo on rates. As a result, the price of gold on New York Commodity Exchange (Comex) crashed nearly 6% and was trading just above the $4,600/ounce (Oz) in late…
NEW DELHI: The commerce department on Thursday announced RELIEF – Resilience & Logistics Intervention for Export Facilitation – scheme, a Rs 497 crore package to help exporters with insurance support to navigate the challenge posed by the conflict in the Persian Gulf.Govt officials said more steps are on the anvil, with the finance ministry and…
MUMBAI: The sudden exit of Atanu Chakraborty, HDFC Bank non-executive chairman late on Wednesday, unnerved several of the lender’s shareholders and fund managers as it came at a time when the war in West Asia has been weighing heavily on investor sentiment. The news of Chakraborty’s resignation led to a 8.4% crash in its stock…
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MUMBAI: A day after HDFC Bank‘s non-executive chairman Atanu Chakraborty resigned citing concerns over practices inconsistent with his values and ethics, regulators, the bank’s board and management and the govt moved swiftly to contain a governance scare.Seeking to steady sentiment, newly appointed interim chairman Keki Mistry struck a firm tone while addressing analysts and reporters….
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Top stocks to buy today (AI image) Stock market recommendations: Bajaj Broking Research has recommended Belrise Industries, and Jayaswal Neco Industries as the top stock picks for March 20, 2026. The brokerage also shares its views on Nifty and Bank Nifty:Index View: NiftyIndian benchmark indices remained highly volatile this week as investor sentiment stayed cautious…
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