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Guj. Wedge Wire News

63 Moons agrees to one-time settlement of Rs 1,950 crore in NSEL matter

According to the NSEL Investors Forum, the terms of the agreement stipulate that 63 Moons will make the payment as a full and final settlement to the investors

63 Moons agrees to one-time settlement of Rs 1,950 crore in NSEL matter
Updated On : 07 Mar 2025 | 12:07 AM IST

SIP openings surge, but premature closures also on the rise: Amfi data

In 2023, the industry recorded 34.8 million SIP registrations, but only 18.2 million of these accounts remained active by the end of 2024

SIP openings surge, but premature closures also on the rise: Amfi data
Updated On : 06 Mar 2025 | 11:44 PM IST

Hotel stocks likely to rebound amid sustained strong growth rates

During Q3, hotels reported strong pricing growth across key markets. Revenue growth is expected to remain strong in Q4

Hotel stocks likely to rebound amid sustained strong growth rates
Updated On : 06 Mar 2025 | 11:29 PM IST

CitiCorp resolves issue with Sebi; India's 1st index fund completes 25 yrs

White Oak Capital Partners has launched a mutual fund scheme - TCW White Oak Emerging Markets Equity Fund - in the US along with global asset manager TCW

CitiCorp resolves issue with Sebi; India's 1st index fund completes 25 yrs
Updated On : 06 Mar 2025 | 11:26 PM IST

Weak earnings, tougher financing norms drive auto retail sales down

PVs dip 10% in Feb; M&M breaks into number two spot for first time

Weak earnings, tougher financing norms drive auto retail sales down
Updated On : 06 Mar 2025 | 11:12 PM IST

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

This will be India's biggest and Asia's second-largest Reit IPO

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO
Updated On : 06 Mar 2025 | 11:11 PM IST

Stock price moves unrelated to taxation: Economic Affairs Secy Ajay Seth

The secretary was responding to a query at a press conference in Visakhapatnam on whether the long-term capital gains tax rate of 12.5 per cent for equities is to blame for market's sharp correction

Stock price moves unrelated to taxation: Economic Affairs Secy Ajay Seth
Updated On : 06 Mar 2025 | 11:08 PM IST

Sensex, Nifty rise for second day as RIL, metal stocks drive gains

Over the last two sessions, the Sensex gained 1.85 per cent and the Nifty rose by 2.1 per cent

Sensex, Nifty rise for second day as RIL, metal stocks drive gains
Updated On : 06 Mar 2025 | 10:53 PM IST

Foreign selling in Indian stocks persists in Feb, but financials see relief

Foreign investors also offloaded $800 million worth of consumer stocks, while the auto and capital goods sectors saw outflows of $450 million and $500 million

Foreign selling in Indian stocks persists in Feb, but financials see relief
Updated On : 06 Mar 2025 | 10:53 PM IST

OMCs, paint, aviation stocks gain as Brent crude oil slips below $70/bbl

At close, Hindustan Petroleum Corporation (HPCL) was up 3.66 per cent, Bharat Petroleum Corporation (BPCL) was up 3.6 per cent and Indian Oil Corporation (IOC) was up 2.4 per cent

OMCs, paint, aviation stocks gain as Brent crude oil slips below $70/bbl
Updated On : 06 Mar 2025 | 10:35 PM IST