LEAP India has filed its draft red herring prospectus with SEBI for a Rs 2400 crore Initial Public Offering. The Mumbai-based company is planning a fresh equity issue of up to Rs 400 crore as well as a sale of shares by existing shareholders (offer-for-sale) up to Rs 2000 crore. The offer with a face value of
The rupee breached the 88 levels for the first time on Friday, recording its biggest one-day monthly fall to close at an all-time low of Rs 88.20 against the US dollar. Why the Rupee is under pressure “Tariffs sneeze has seen rupee catching pneumonia,” says Kunal Sodhani, Head Treasury at Shinhan Bank, further adding that the “outflows
US President Donald Trump’s additional 25% import tariffs, which came into effect from Wednesday, triggered a sell-off in Indian equity markets. The Sensex tumbled 705.97 points, or 0.87%, to close at a two-week low of 80,080.57, extending losses for the second straight session. The Nifty fell 211.15 points, or 0.85%, to end at 24,500.90 on
US President Donald Trump’s announcement of reciprocal tariffs in late February has not stopped the Nifty 50 from gaining, with the benchmark index rising nearly 10% by April 26 to date. On February 28, 2025, the BSE Sensex and Nifty 50 saw a steep decline. The Sensex finished the day at 73,198.10, down 1,414 points or
Benchmark indices slumped over 1% on Tuesday, recording their biggest single-day fall in three months, as investor sentiment weakened ahead of the additional 25% US tariffs on goods imported from India, set to take effect from tomorrow. The continuous depreciation of the rupee against the dollar also weighed on markets. ALSO READTariff deadline spooks markets:
Indian equity markets closed Monday’s session on a positive note after the US Federal Reserve Chairperson Jerome Powell hinted at a rate cut in his Jackson Hole speech. The Nifty 50 closed the session 98 points higher near 25,000, and the Sensex rose 330 points or 0.40% to end above 81,635. The tech stocks topped
Markets regulator Sebi has proposed a new framework for the Closing Auction Session (CAS) in the equity cash market, starting with highly liquid derivative stocks to determine the closing prices of shares. The proposal, if implemented, is expected to reduce volatility, improve fairness, and make it easier for large and passive investors to execute trades.
All eyes are on the Tata Capital IPO. This Tata Group company has to mandatorily list its shares on the stock exchanges by September 30, 2025. This is as per a Reserve Bank of India (RBI) directive that mandates that after being identified as an NBFC upper layer, the company needs to be listed within
The last date for filing Income Tax Return (ITR) is 15th September 2025. If you have not calculated your tax till now, you can calculate your income tax liability. Most taxpayers find it difficult to assess their exact tax liability and deductions available to them. In such a situation, online tax calculators are the easiest
Food delivery majors Zomato and Swiggy have begun experimenting with higher platform fees in select markets, tweaking charges depending on demand patterns, according to industry sources. The flat Rs 10 levy that both have imposed since October 2024 is now being tested at Rs 12 for Zomato and Rs 12.70 for Swiggy in some locations.
The action across the primary market just got more hectic after the Securities and Exchange Board of India (SEBI) approved 13 IPOs. Of this long list, the five major companies that are set to raise funds include- boAt parent company- Imagine Marketing, Urban Company, Juniper Green, Jain Resource Recycling, and Mouri Tech. These firms will raise
Systematic Investment Plan (SIP) investments have seen tremendous growth over the last few years, with the latest AMFI data showing over Rs 28,000 crore inflows coming from over 9.11 crore active accounts in July 2025. The SIP mode of investment has been a popular tool since it allows people to start investing with an amount
The Union government is learnt to have proposed slashing the GST rate on personal care items to 5% from 18% earlier in new details emerging just ahead of the crucial GST Council Meeting on Wednesday. This along with a proposed cut in food and beverage items to nil and 5% respectively is likely to give
