SBI Funds raises Rs 2,663 crore from anchor investors ahead of IPO

Bitcoin traded near the $64,000 mark despite ETF outflows. The crypto market remained resilient, although institutional demand remained inconsistent. The cryptocurrency was trading at $64,147 mark. In the past 24 hours, Bitcoin was up 0.2% and Ethereum was up 1% to trade at $64,162 mark. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Cardano…

As India’s investment landscape becomes increasingly attractive for overseas investors, more NRIs are allocating capital to equities, mutual funds, bonds and real estate. However, each asset class comes with its own tax implications, and recent changes to capital gains rules and mutual fund taxation have made tax planning more important than ever. From understanding residential…

Choice International said Korea’s NH Investment and Securities will invest ₹900 crore in the company’s broking and wealth management arm. The transaction will involve NH investing in Choice Equity Broking through Compulsorily Convertible Preference Shares

The Employees’ Provident Fund Organisation is rolling out EPFO 3.0 to expand its digital services and online presence through an updated system that will allow subscribers to undertake paperless withdrawal or transfer of provident fund. The body’s move is envisioned to cut down wait time for employee provident fund and make it easier for members…

Shares of Diamond Power Infrastructure jumped 10% to its day’s high of Rs 218 crore on BSE after the company received a Rs 435 crore order for Hyderabad data centre projects. According to a filing with the exchange, the company received a supply order valued at Rs 435.71 crore (exclusive of GST) for High Tension…

MUMBAI: Alfa Laval (India), a subsidiary of Sweden-based Alfa Laval Corporate AB, today said its parent firm has raised the delisting offer price to Rs 2,850 a share. In a filing with the BSE, Alfa Laval India said its parent company increased the delisting offer price after “considering the prevailing market conditions and with a…