Rupee rises 12 paise to close at 90.26 against US dollar
The rupee appreciated 12 paise against the US dollar on Thursday, despite the broad strength of the American currency in the overseas market on suspected intervention by the Reserve Bank of India (RBI). Forex traders said Brent crude oil prices hovering near $59 per barrel supported the domestic unit at lower levels. However, a recovery […]
Bhavish Aggarwal sells another 0.95% stake in Ola
Ola Electric Mobility Founder and CEO, Bhavish Aggarwal Ola Electric Mobility Founder and CEO, Bhavish Aggarwal, sold 4.19 crore shares, representing about 0.95 per cent of the company’s equity on Wednesday, through a bulk deal on the NSE. The shares were offloaded at ₹33.96 each, resulting in a transaction value of nearly ₹142 crore. This […]
Crude oil futures rise as Trump orders ‘blockade’ of Venezuelan oil tankers
crude oil barrels with yellow label | Photo Credit: PhonlamaiPhoto Crude oil futures traded higher on Wednesday morning after US President Donald Trump ordered ‘a total and complete blockade’ of all sanctioned oil tankers going into and out of Venezuela. At 9.59 am on Wednesday, February Brent oil futures were at $59.66, up by 1.26 […]
Vedanta Aluminium raises Lanjigarh refinery capacity to 5 million tonnes a year
With the expansion, Vedanta Lanjigarh now ranks as the world’s second-largest alumina refinery Vedanta Aluminium, India’s largest aluminium producer, has increased its Lanjigarh Refinery capacity to 5 million tonnes per annum (MTPA), a significant step towards strengthening India’s self-reliance in aluminium. A company statement said with the expansion, Vedanta Lanjigarh now ranks as the world’s […]
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 […]
