NCLT issues notice to BYJU’S parent’s resolution professional over Aakash rights issue funds
Earlier, on November 27, 2025, the Board of Directors of AESL had decided to keep the allotment of shares to TLPL in abeyance until final adjudication on the legality of the funds generated by TLPL for subscribing to AESL shares under the rights issue. In the ongoing rights issue of Aakash Educational Services Limited (AESL), […]
Zerodha users flag intermittent chart and API issues, company seeks technical details
Stockbroking platform Zerodha is facing renewed criticism from users on social media over intermittent technical issues affecting charts and API performance. Multiple users took to X to complain about disruptions, prompting an official response from the company seeking diagnostic information. A user alleged that something was “wrong with Zerodha,” tagging the company and sharing what […]
More trouble for Refex Industries as SEBI imposes penalty on CMD for alleged insider trading
As per the SEBI order, the alleged UPSI relates to Refex Industries’ March 2023 quarterly financial results, which showed a sharp jump in revenue and profit. | Photo Credit: FRANCIS MASCARENHAS Chennai-based Refex Industries Ltd has informed the stock exchanges about the imposition of a penalty of ₹10 lakh on Anil Jain, Promoter, Chairman & […]
FIIs sold ₹110 crore of equities every trading hour in 2025!
Domestic institutional investors, on the other hand, have bought a record ₹7,20,651 crore in 2025 so far | Photo Credit: ismagilov Foreign portfolio investors (FPIs) were relentless sellers of Indian equities through 2025 and are on course to record the second- highest number of net sell days in a calendar year over the past two […]
One in two IPOs trading below issue price as high valuations remain a concern
Gem Aromatics (₹451 crore) and Glottis Ltd (₹307 crore) lead the list of draggers and trade 57 per cent and 54 per cent below the issue price. The rush of corporates to raise funds through initial public offering (IPO) notwithstanding, investors are still counting the stars with nearly one in two IPOs that had hit […]
ICICI Prudential AMC IPO subscribed 0.72 times on Day 1
Among QIBs, foreign institutional investors showed stronger interest with bids for 86.43 lakh shares, followed by domestic financial institutions at 46.19 lakh shares and mutual funds at 26.03 lakh shares ICICI Prudential Asset Management Company’s ₹10,603 crore initial public offering received a steady early demand on the first day of bidding, with the issue subscribed […]
Sensex surges 395 points as metal stocks lead rally; IT sector lags
Benchmark indices opened on a positive note on Friday, with the BSE Sensex rising 395.33 points or 0.47 per cent to 85,213.46 and the NSE Nifty gaining 119.50 points or 0.46 per cent to 26,018.05 in morning trade. The Sensex had closed at 84,818.13 on Thursday and opened at 85,051.03 today, while Nifty closed at […]
Nippon Large Cap Fund crosses ₹50,000 crore in AUM
Nippon India Large Cap Fund has entered the ₹50,000-crore assets under management (AUM) club. The fund now joins ICICI Prudential and SBI, whose large-cap funds have AUMs of ₹50,000 crore. The surge in AUM comes even as the flows into large-cap funds have softened in the last few months due to profit booking after the […]
Cotton panel pegs production, imports and exports of the natural fibre lower this season
The Committee on Cotton Production and Consumption (CCPC), a body comprising all stakeholders in the sector, has pegged the natural fibre’s production lower this season, while projecting a fall in imports. At its review meeting held on Monday, the CCPC provisionally estimated cotton production at 292.15 lakh bales (of 170 kg each) this season (October […]
Markets slip into red at midday as Fed decision awaited
Equity benchmarks erased early gains and turned negative by Wednesday afternoon, with the Sensex down 241.66 points or 0.29 per cent at 84,424.62 and the Nifty declining 63.75 points or 0.25 per cent to 25,775.90 as of 12:45 pm, ahead of the U.S. Federal Reserve’s policy announcement later in the day. The Sensex opened lower […]
