Latest Updates Around The World
Shares of Utkarsh Small Finance Bank, L&T Finance and Fusion Finance plunged to 11% on Friday after the Bihar Assembly passed the MFI Bill 2026, which sought to tighten supervision of microfinance institutions and curb coercive recovery practices.Fusion Finance was the worst hit, falling 11% to the day’s low of Rs 181 on the BSE. […]
India’s frontline indices Nifty and the BSE Sensex closed sharply lower on Tuesday, dragged by a sharp decline in IT, auto and banking stocks. Today’s fall has wiped out Rs 2.85 lakh crore of investor wealth for stocks listed on the BSE. While the 30-share Sensex closed 1,069 points or 1.28% lower at 82,226, the […]
Dish TV India reported a net loss of Rs 133 crore for the quarter ended September 30, 2025, up from Rs 37 crore a year earlier, as revenue fell and operating profitability weakened. EBITDA fell sharply from Rs 145 crore to Rs 32 crore, a decline of almost 78 per cent.Operating revenue fell 26 percent […]
Utkarsh Small Finance Bank plans to allot shares to a group of investors, including a fund house run by Madhusudan Kela, the Massachusetts Institute of Technology and HDFC Life, through a rights issue of Rs 949 crore, the lender said on Friday. The other investors include FLC Investco, Kotak Mahindra Life Insurance and ICICI Prudential […]
