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2025-07-17 01:52:39| The Economic Times

State Bank of India (SBI) initiated a 25,000-crore share sale to institutional investors, marking the largest equity capital raise by an Indian entity since 2015. The indicative offer price ranged from 806.75 to 831.70 per share, with participation expected from LIC, financial institutions, and international investors.


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2025-07-16 18:54:09| The Economic Times

Indian market closed with a positive bias, as BSE Sensex and Nifty50 saw gains, led by auto, FMCG, realty, and IT sectors. Biocon, RBL Bank, and HDFC AMC hit fresh 52-week highs. Analysts suggest monitoring Biocon for a breakout above 425, RBL Bank for profit-booking, and HDFC AMC's bullish trend with resistance at 5,453.


Category: News and Media

 

2025-07-16 18:34:27| The Economic Times

Bangladesh is facing a major political crisis. Several people have died in Gopalganj due to violence. The Army launched a crackdown after Islamists rioted. Nobel laureate Muhammad Yunus is the interim head. He says a peaceful rally was attacked. The Awami League condemns the Army's actions. They allege the Army is biased and supports Yunus.


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2025-07-16 17:44:25| The Economic Times

Reliance Infrastructure and Reliance Power boards approved plans to raise Rs 6,000 crore each via QIP or other modes. Both firms also cleared NCD issues worth Rs 3,000 crore.


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2025-07-16 17:36:07| The Economic Times

Indian brokerage Angel One on Wednesday posted a 61% fall in first-quarter profit, as tighter rules for equity derivatives trading in India weighed on retail activity, a key driver for the brokerage's earnings.


Category: News and Media

 

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