Real estate firm Nexus Select Trust will acquire a 50 percent stake in a new mall in Mumbai for Rs 434 crore as part of its expansion plan.In a regulatory filing on Monday, Nexus Select Trust, a REIT sponsored by Blackstone, said it has entered into a partnership for an under-construction development. “The REIT has […]
PNGS Reva Diamond Jewellery, which will enter the capital market with its maiden public issue on Tuesday, plans to invest Rs 287 crore in setting up 15 new stores to expand its business.Pune-based PNGS Reva Diamond Jewelery Ltd will launch its initial public offering (IPO) on Tuesday to raise Rs 380 crore through fresh issue […]
Quarterly EBITDA growth indicates higher earnings before interest, taxes, depreciation and amortization, driven by improved profitability and operational efficiency. Within the NSE large-cap segment, eight stocks have reported EBITDA growth of over 50% in the December ’25 quarter (based on Q3 results announced so far), compared to the same period last year, according to StockEdge […]
Indian government bonds edged higher on Monday as geopolitical tensions eased ahead of a third round of US-Iran nuclear talks, although the large debt supply this week capped gains.The 6.48% bond yield for 2035 stood at 6.6970%, down from 6.7215% on Friday, and was up for two days. Bond yields move in the opposite direction […]
Shares of IDFC First Bank ended Monday’s session 16% lower after the private lender discovered fraudulent activities by its employees at one of its branches in Chandigarh. This was the worst one-day drop for banking stocks since March 2020.Shares of IDFC First Bank closed at Rs 70.09 apiece on Monday. Earlier in the day, the […]
“It is not important whether you are right or wrong, but how much money you make if you are right and how much you lose if you are wrong.” —George SorosIn the world of investing and trading, this insight reflects the profound truth that success is not about winning every bet, but about managing the […]
Zerodha co-founder Nithin Kamath has warned investors to pay more attention to Depository Participant (DP) fees, saying these often overlooked fees can significantly increase trading costs, especially when brokers charge them as a percentage of the transaction value.In a post explaining how DP charges work, Kamath said that every time an investor sells shares, the […]
Shree Ram Twistex’s Rs 110 crore IPO opened for subscription today. On the first day so far, the total issue has seen only 9% of the offered shares of Rs 1.06 crore subscribed. However, 82% of the retail portion has been registered. The IPO will be completed on February 25, with allotment expected on February […]
Sebi chairman Tuhin Kanta Pandey said the regulator is increasingly using artificial intelligence tools to monitor market misconduct, including insider trading, unregistered investment advice and misleading financial promotions.“AI is being used more and more by us. We are using it against financial influencers and those who cross the boundaries of investment advice. It is also […]
Real estate firm BPTP Ltd has partnered with a landowner to develop an 11-acre residential project in Surajkund, Faridabad, as part of its expansion plan.BPTP arm Urban Realtech Pvt Ltd has entered into a joint development agreement with the land owner for the development of a residential group housing project on a plot of approximately […]