Techno Paints and Chemicals CMD Akuri Srinivas Reddy with Veteran Indian cricketer Sachin Tendulkar. | Photo Credit: Special Arrangement Techno Paints and Chemicals plans to file Draft Red Herring Prospectus (DRHP) for a ₹500 crore initial public offering (IPO) in 2026-27. The process is expected to be completed in the same financial year, CMD Akuri…
Image used for representational purposes. File | Photo Credit: Reuters Mutual fund investors chose gold exchange-traded funds (ETFs) over equity-oriented schemes in December 2025, following the rally in gold and the suboptimal returns. According to data from Association of Mutual Funds in India (AMFI), the net inflows into gold ETFs, a mutual fund investment avenue…
A view of the SEBI headquarters in Mumbai. | Photo Credit: Reuters The Securities and Exchange Board of India (SEBI) has excluded brokers with less than 10,000 registered clients from complying with the technical glitch framework. The move would mean 60% of stock brokers would be kept away from the framework. “The revised framework carved…
Image used for representational purposes. File | Photo Credit: Wikimedia Commons The initial public offering of Bharat Coking Coal Limited was subscribed 8.09 times on the first day of bidding on Friday (January 9, 2026), driven by strong demand from retail, non-institutional and existing shareholder investor categories. The issue received bids for 2,80,61,36,400 equity shares…
After a brief rebound in early trade, the 30-share BSE Sensex later declined 78.84 points to 84,102.12. File | Photo Credit: Getty Images/iStockphoto Benchmark indices Sensex and Nifty drifted lower in early trade on Friday (January 9, 2026) amid relentless foreign fund outflows and renewed concerns over potential U.S. tariff hikes. After a brief rebound…
At the interbank foreign exchange, the rupee opened higher at 89.88 but lost ground through the day to settle at 90.16 (provisional) against the U.S. dollar, down 26 paise from its previous close. Representational image. | Photo Credit: Getty Images/iStockphoto The rupee declined 26 paise to settle at 90.16 (provisional) against the U.S. dollar on…
Representative image. | Photo Credit: Getty Images/iStockphoto Benchmark indices Sensex and Nifty buckled under selling pressure for the fifth straight session on Friday (January 9, 2026), falling nearly 1%, as investors turned cautious due to growing concerns over potential U.S. tariff hikes amid lingering geopolitical worries. The relentless foreign capital flight from Indian markets also…
Image used for representation | Photo Credit: Getty Images The rupee fell 7 paise to 89.97 against the U.S. dollar in early trade on Friday (January 9, 2026) amid sustained FII outflows and a rise in global crude oil prices. The apprehension of further tariffs by the U.S. and weak sentiments at the domestic equity…
Image used for representational purposes. File | Photo Credit: AP Silver prices declined sharply from record levels, plummeting ₹12,500 to ₹2,43,500 per kg, while gold receded by ₹900 in the national capital on Thursday (January 8, 2026), amid a rush of profit-booking globally. According to the All India Sarafa Association, the white metal surged ₹5,000…
The Nifty, Sensex ended the session lower due to renewed concerns over potential U.S. tariff hikes amid widespread selling pressure in global markets. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty fell sharply by nearly 1% on Thursday (January 8, 2026), continuing their weak momentum for the fourth straight session, due to…
