Shares of Jio Financial Services Ltd (JFSL) are likely to be in focus on Monday after the company announced a 50:50 domestic reinsurance joint venture with Allianz Group. The binding agreement was signed through Allianz’s subsidiary Allianz Europe B.V. The agreement aims to serve India’s growing insurance market by combining JFSL’s local expertise with Allianz’s…
READ MOREShares of AU Small Finance Bank fell as much as 7.3% on Monday to Rs 736.95 on the BSE after the lender reported a mixed set of earnings for the June quarter, with shrinking margins and deteriorating asset quality overshadowing a 16% rise in net profit. Net profit rose to Rs 581 crore for the…
READ MOREShares of stock exchange BSE Ltd climbed as much as 2.9% on Monday to Rs 2,519 on the NSE after a report said that U.S. trading giant Jane Street has been allowed to re-enter the domestic markets after it fulfilled the Securities and Exchange Board of India’s (Sebi’s) direction to deposit alleged “unlawful gains” of…
READ MOREAxis Bank shares declined 2.4% to hit the day’s low of Rs 1,072.60 on the BSE in Monday’s trade after the bank reported a weaker-than-expected Q1FY26 performance, impacted by a sharp increase in provisions for bad loans, as a result of an intervention by the Reserve Bank of India (RBI). The lender’s net profit for…
READ MOREShares of Mangalore Refinery and Petrochemicals (MRPL) fell over 7% on Monday to touch an intraday low of Rs 138.70 apiece on the BSE. This decline came in the wake of the company’s first-quarter financial results for FY26, which showed a significant turnaround from profit to loss. Last week, MRPL, a subsidiary of ONGC, reported…
READ MOREIndia Inc’s Q1 FY26 earnings season gains momentum this week, with 95 companies scheduled to announce their quarterly results. Key names to watch include Infosys, Zomato (Eternal), UltraTech Cement, Paytm, Bajaj Housing Finance, Bajaj Finance, Bajaj Finserv, Nestle India, Shriram Finance, Tata Chemicals, Dixon Technologies, IDFC First Bank, and Kotak Mahindra Bank. Here’s the day-wise…
READ MOREIndia’s largest life insurer Life Insurance Corporation (LIC), two-wheeler major Hero MotoCorp and pharma stocks like Novartis, Zydus Lifesciences and Lupin will be among 25 companies which will be holding their record dates for the purpose of dividend. Check if you own any of these stocks: Monday, July 21 It will be the ex-date and…
READ MOREThe monsoon season, while refreshing, can be a real test for your wooden decor. High humidity and occasional leaks can wreak havoc on your prized possessions. However, with a little care, one can safeguard your wooden pieces from the monsoon’s gloom. Keep moisture at bay Ventilation is key: Ensure proper airflow in your home. Open…
READ MOREWeWork India Management Limited (WeWork India), one of India’s leading flexible workspace operators, has received approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO), as per SEBI’s latest processing status update dated July 2025.The IPO will comprise an Offer for Sale (OFS) of up to 43,753,952 equity shares,…
READ MOREThe combined market valuation of 6 of the top-10 most valued firms declined by Rs 94,433.12 crore last week, with Tata Consultancy Services and Reliance Industries taking the biggest hit, in line with a bearish trend in equities. Last week, the BSE benchmark tumbled 742.74 points or 0.90 per cent. While Reliance Industries, HDFC Bank,…
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