PB Fintech, which owns Policybazaar, plunged as much as 34%, while...
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NSE’s shareholders retain significant stake even after tendering shares in OFS
The selling shareholders largely comprised institutional investors,...
LIC leads $703mn NSE anchor book
LIC, NSE’s largest shareholder, emerged as the biggest anchor...
NSE IPO Price Band Set: Rs 1,700-1,785; Opens Sep 17
The IPO will be entirely an offer for sale (OFS) of up to 12.64 crore equity shares by existing shareholders including some state owned insurers , compared with 14.9 crore shares planned earlier. The reduction in the OFS size has brought down the overall issue size...
Equity MF inflows hit 4-Month high in August: AMFI Data
The overall mutual fund industry saw a decline in net inflow to Rs 41,353 crore in August compared to a staggering Rs 2.36 lakh crore in July. This was primarily driven by debt-oriented schemes, which experienced an outflow of Rs 8,127 crore as compared to an inflow...
LIC at 70: Seven Decades of Trust, Protection and Progress
As LIC enters its eighth decade, it stands at the intersection of tradition and transformation. Armed with a robust digital infrastructure, a diversified product suite, unmatched financial might, a strong army of dedicated agents, distribution partners, employees and...
Equity mutual fund AUM touches all-time high in July: NSE
The report also pointed to continued investor participation through systematic investment plans (SIPs). Monthly SIP contributions stood at ₹31,961 crore in July, remaining above ₹30,000 crore for the fifth consecutive month. Cumulative SIP contributions in the first...
Indian family office assets projected to grow 1.5x over the next three years: Julius Baer – EY report
The Julius Baer - EY report highlights India today has more than 19,000 ultra-high-net-worth individuals (UHNIs), with the number expected to exceed 25,000 by 2031. At the same time, an estimated US$1.3 trillion-US$1.5 trillion of intergenerational wealth transfer is...
Retirement Planning:Achieving financial freedom
Retirement planning is about far more than simply building a corpus for the future. It requires a holistic approach to navigating life’s key milestones along the way, whether funding a child’s education, creating memorable family experiences, or enhancing one’s...
LIC gets RBI nod to raise stake in HDFC Bank to nearly 10% from 4.11%
The approval would give LIC the option to significantly increase its ownership in the private sector lender, subject to the applicable regulatory and statutory requirements Mumbai:Life Insurance Corporation of India (LIC), India's largest insurance company, has...
Taxpayers earning Rs 100 crore-plus jump 39% to 576 in AY26: Report
As per an analysis by SBI Research, the number of taxpayers reporting income of Rs 1 crore or more increased by 14 per cent to 5,35,672 in AY26 from 4,71,419 in AY25. New Delhi: The number of taxpayers reporting annual income of Rs 100 crore or more rose 39 per cent...
SEBI chief calls for collective cyber resilience as threats grow more sophisticated
Pandey emphasised that cybersecurity is no longer merely an IT concern, but a board-level, business continuity, market integrity and investor confidence issue. New Delhi: India's financial sector needs to shift from periodic cybersecurity compliance to continuous,...
Retail participation in financial markets likely to deepen as household savings shift towards market-linked assets: SEBI
The number of unique mutual fund investors rose 13.2 per cent year-on-year to 6.1 crore in 2025-26. Importantly, the expansion is increasingly broad-based, with Tier III cities accounting for 55 per cent of the investor base, indicating deeper penetration beyond major...