DOWNLOAD IPFS Foreign portfolio investors (FPIs) pulled out ₹17,741 crore from Indian equities in July, marking the first monthly outflow after three consecutive months of net inflows, according to data from the National Securities Depository Limited (NSDL). The reversal was driven largely by heavy selling in the final week of[Read More…]

DOWNLOAD IPFS Mahindra & Mahindra (M&M) has completed the acquisition of a 58.96 percent controlling stake in commercial vehicle manufacturer SML Isuzu Ltd for ₹555 crore. Following the takeover, the company will be rebranded as SML Mahindra Limited. The deal involved M&M purchasing 43.96 percent of shares from Sumitomo Corporation[Read More…]

DOWNLOAD IPFS Gold prices slightly slip in India on Saturday, with 24-carat gold falling by ₹10 to ₹99,810 per 10 grams in major cities including Mumbai, Chennai, and Kolkata. In Delhi, 24-carat gold was priced marginally higher at ₹99,960 per 10 grams. Prices of 22-carat gold stood at ₹91,490 in[Read More…]

DOWNLOAD IPFS Domestic institutional investors (DIIs) have increased their holdings to more than 50 percent in three major companies during the first quarter of FY26, signaling strong conviction in their long-term growth prospects. The three companies are UTI Asset Management Company (UTI AMC), Crompton Greaves Consumer Electrical, and Coforge Limited.[Read More…]

DOWNLOAD IPFS Federal Bank has posted a 14.6 percent year-on-year decline in net profit for the quarter ended June 2025, with earnings falling to ₹861.8 crore from ₹1,009.5 crore a year earlier. The drop was primarily attributed to a sharp rise in provisions, even as the lender reported an improvement[Read More…]

DOWNLOAD IPFS Prime Minister Narendra Modi today released the 20th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme, transferring ₹20,500 crore directly into the bank accounts of nearly 9.7 crore eligible farmers across the country. Each beneficiary received ₹2,000 as part of the scheme’s quarterly payment cycle. The[Read More…]