news

Steptrade Capital achieves first close of Chanakya Opportunities Fund II with over Rs 100 Cr commitments Steptrade Capital has achieved the first close of its Category II Alternative Investment Fund (AIF), Chanakya Opportunities Fund II (COF II), securing investor commitments of

The company informed the exchanges that it secured a “Large” order inflow from BWSSB, strengthening its position in India’s municipal wastewater treatment sector. Under the contract, WABAG will undertake the Design, Build and Operate (DBO) scope for two key wastewater treatment p

The biggest, brashest World Cup on record drew to a close Sunday, as Spain defeated Argentina 1-0 in extra time to claim international football's biggest prize. Barcelona forward Ferran Torres scored the only goal of what was ultimately a disappointing final, securing Spain's sec

Listen to this article in summarized format The shares rose to Rs 10.27 apiece on Monday morning, before paring some gains. The stock had crashed more than 6% on Friday after the company announced that its board considered and approved raising up to Rs 1,000 crore through the iss

According to Reuters, the benchmark CSI300 Index rose 1.6% by the midday break, while the Shanghai Composite Index advanced 1.2%. In Hong Kong, the Hang Seng Index climbed 2%, extending the broader market recovery. The gains came after both the CSI300 and Shanghai Composite had t

According to a Reuters report, the China Securities Regulatory Commission (CSRC) has invited representatives from across the financial industry to discuss proposals that could support the stable and healthy development of the country's capital markets. The meeting is expected to

The small seaside town winning big from TV tourism - Published What happens to a pretty seaside town when film crews descend upon it? People in "Port Devine" - with its multi-coloured houses, a lighthouse and spectacular coastal views - have been experiencing the effects for five

Havells India Ltd’s almost 20% year-on-year revenue growth in the June quarter (Q1FY27) to ₹6,518 crore is satisfactory, but Ebitda margin was a sore spot, declining 230 basis points to 7.2%. The company stepped up and frontloaded brand-building efforts, leading to the doubling o

The selloff highlighted mounting investor anxiety over a market increasingly driven by leveraged bets on AI chipmakers. Once a peripheral market for global investors, South Korea has become a key barometer of enthusiasm for the AI boom, and is now feeling the downside as sentimen

CRHC said entities under its investment arm have deployed more than 50 billion yuan ($7.38 billion) through a combination of special relending facilities and matching funds to support share buybacks and increase stakes in listed companies, according to a statement cited by Reuter

Agriculture drone startup Suind is set to raise Rs 20.5 crore (around $2.2 million) in a fresh funding round led by Transition Venture Capital Fund, according to regulatory filings reviewed by Entrackr. The board of the Bengaluru-based company has approved the issuance of 5,107 c

Global markets enter a crucial week as investors track a packed calendar of corporate earnings, central bank decisions and key economic data. Developments in the U.S., Europe, the UK and Asia are expected to shape market sentiment, while the football tournament finale could also

As of July 17, there was a notable surge in futures open interest for nine stocks in the NSE F&O pack, contributing to a total increase in open interest of over 5% as compared to the previous trade. A significant uptick in futures open interest signifies substantial growth in the

Elitecon International share price jumped over 11% on Monday, despite a selloff in the broader Indian stock market. The small-cap stock surged as much as 11.08% to ₹19.85 apiece on the BSE. The rally in Elitecon International share price today came after the company provided an u

Axis Bank shares plunged 5.6% on Monday, wiping out about Rs 23,000 crore in market capitalisation. HDFC Bank declined 4.56%, translating into a loss of roughly Rs 57,500 crore, while Kotak Mahindra Bank fell 3%, eroding another Rs 10,300 crore. Together, the three lenders lost a

The Rs 9,813-crore IPO, which was open for subscription between July 14 and July 16, witnessed robust investor demand, with the issue being subscribed 41.66 times overall. Institutional investors led the charge, as the Qualified Institutional Buyers (QIB) portion was oversubscrib

Listen to this article in summarized format Net interest income increased 9% YoY to Rs 7,928 crore from Rs 7,259 crore, while the bank's net worth rose more than 14% YoY to Rs 1.4 lakh crore. Asset quality improved on a year-on-year basis, although key ratios weakened sequentiall

PNB shares surged to Rs 111.68 apiece, the highest level seen by the stock since early May this year. The bank on Saturday released its Q1 results, showing a 2% YoY rise in net interest income (NII) to Rs 10,798 crore. PNB’s current account savings account deposits increased arou

US-Iran war: Defence stocks like Hindustan Aeronuatics (HAL), Bharat Electronics Limited (BEL) and Bharat Dynamics fell in Monday's trading session after escalation in the US-Iran war. HAL shares declined over 0.58% to ₹4,474 apiece, while shares of BEL and Bharat Dynamics droppe

Russia launched one of its largest ballistic missile attacks on Kyiv, while Ukrainian drones carried out their deadliest strikes inside Russia in more than two years — stoking fears of wider escalation and further strains on oil supplies. Russia has carried out a wave of ballisti

Pharmacy focused quick commerce startup Plazza has raised $15 million in a Series A funding round co-led by Accel, Elevation Capital and Nexus Venture Partners. Existing investors All In Capital and Better Capital also participated in the round. The fresh proceeds will be used to

The pharmaceutical company informed exchanges that the U.S. FDA has granted tentative approval for Olaparib Tablets in 100 mg and 150 mg strengths, which are bioequivalent to AstraZeneca's drug Lynparza. The approval covers the indications specified in the reference-listed drug's

Keep me signed in Some subscribers prefer to save their log-in information so they do not have to enter their User ID and Password each time they visit the site. To activate this function, check the 'Keep me signed in' box in the log-in section. This will save the password on th

'Burnham's new era' and 'Viva España!' - Published Almost all of the early editions of the papers lead on Andy Burnham's official start in No 10. The Times has an interview with the incoming prime minister,, external in which he reveals that his father, who has Alzheimer's, isn't

Keep me signed in Some subscribers prefer to save their log-in information so they do not have to enter their User ID and Password each time they visit the site. To activate this function, check the 'Keep me signed in' box in the log-in section. This will save the password on th

Stock market today: Stock market benchmarks, the Sensex and the Nifty 50, suffered significant losses in morning deals on Monday, 20 July, amid weak global cues due to escalating US-Iran tensions. The Sensex crashed nearly 800 points, or 1%, to an intraday low of 77,368, while th

Yes Bank on Saturday announced that its net interest income, which is the difference between interest earned and interest expenses, rose around 17.5% YoY to Rs 2,786,46 crore during the first quarter of the ongoing financial year, as against Rs 2,371.47 crore in the year-ago peri

The selloff, which hit many of the market's biggest winners this year, triggered broad profit booking across AI-linked and momentum stocks that had driven equity market gains for much of 2026. According to Reuters, the sudden reversal has raised concerns over stretched valuations

Keep me signed in Some subscribers prefer to save their log-in information so they do not have to enter their User ID and Password each time they visit the site. To activate this function, check the 'Keep me signed in' box in the log-in section. This will save the password on th

South Korean retail investors who piled into leveraged bets on the country's AI champions are nursing steep losses after a sharp reversal, exposing the risks of the speculative trading boom that helped fuel one of the world's hottest equity markets. The pain has been especially a

Keep me signed in Some subscribers prefer to save their log-in information so they do not have to enter their User ID and Password each time they visit the site. To activate this function, check the 'Keep me signed in' box in the log-in section. This will save the password on th

Keep me signed in Some subscribers prefer to save their log-in information so they do not have to enter their User ID and Password each time they visit the site. To activate this function, check the 'Keep me signed in' box in the log-in section. This will save the password on th

Indian benchmark indices opened lower on Monday, 20 July, as weakness in HDFC Bank offset gains in select heavyweight stocks, while rising crude oil prices amid escalating tensions in the Middle East kept investors on edge. The BSE Sensex declined 0.72% to 77,587.23, while the Ni

Reliance Industries share price rises over 1% on the NSE in Monday's trading session after the company announced its financial results for the quarter ending on 30 June, 2026, on Friday. The oil-to-telecom conglomerate reported its Q1 results 2026 on 17 July post-market hours. Th

The private lender on Saturday released its Q1 FY27 results. Its net interest income (NII), meanwhile, rose more than 8% YoY to Rs 14,646 crore during the first quarter of the ongoing financial year 2027, from Rs 13,560 crore reported in the same period last year. Notably, this i

Shares of China's Zhongji Innolight surged as much as 8% Monday before paring some gains, after the company received approval for a major Hong Kong listing worth up to $8 billion on Friday, in what is likely to be one of the city's biggest in years. The Chinese optical transceive

Shares of China's Zhongji Innolight surged as much as 8% Monday before paring some gains, after the company received approval for a major Hong Kong listing worth up to $8 billion on Friday, in what is likely to be one of the city's biggest in years. The Chinese optical transceive

According to a company filing released on Sunday, institutional investors, including mutual funds, pension funds and insurance firms, subscribed for 1.24 trillion shares against 2.17 billion shares allocated to them in the offering. This resulted in an oversubscription ratio of a

Revenue from operations rose 25% year-on-year (YoY) to Rs 3.11 lakh crore in the June quarter from Rs 2.48 lakh crore a year ago. Net profit, however, declined 22% YoY to Rs 20,946 crore due to an exceptional item related to the sale of its stake in Asian Paints in the correspond

Listen to this article in summarized format Sensex tanked 600 points to slip below 77, 600, while Nifty 50 declined over 150 points to test 24,200 level during Monday's session. This came as India VIX, which measures market volatility, gained more than 3% to 13.60. Tech Mahindra,

Keep me signed in Some subscribers prefer to save their log-in information so they do not have to enter their User ID and Password each time they visit the site. To activate this function, check the 'Keep me signed in' box in the log-in section. This will save the password on th

The portfolio rejig comes after a sharp turnaround in market sentiment. Following a volatile Q4FY26, when the Nifty declined 14%, FY27 began on a much stronger note. The Nifty gained nearly 7% during the April-June quarter, while the Nifty Smallcap index surged 24% and the Nifty

Keep me signed in Some subscribers prefer to save their log-in information so they do not have to enter their User ID and Password each time they visit the site. To activate this function, check the 'Keep me signed in' box in the log-in section. This will save the password on th

Wall Street enters the busy earnings week after a volatile stretch. The S&P 500 ended lower last week as semiconductor stocks witnessed a sharp sell-off, although the benchmark index remains up about 9% so far in 2026 and is trading roughly 2% below its record high reached earlie

Keep me signed in Some subscribers prefer to save their log-in information so they do not have to enter their User ID and Password each time they visit the site. To activate this function, check the 'Keep me signed in' box in the log-in section. This will save the password on th

Private banking stocks declined over 5% in early trade on Monday after the lenders announced their Q1 results. The Nifty Private Bank index dropped around 2.72%. HDFC Bank and Axis Bank shares emerged as the top losers in the Nifty Private Bank index, with a fall of over 5% each.