Health insurance covers may seem sufficient now, but inflation can raise surgery costs. Inflation-protection features adjust the sum insured at renewal, but often rely on CPI instead of actual medical inflation, which can be higher.
The Rs 425.87 crore Ardee Industries IPO witnessed strong investor demand on the third and final day of subscription. The issue was subscribed nearly 134 times against 5.84 crore shares on offer, with robust participation across all investor categories. In the grey market, Ardee Industries shares were trading at a premium of nearly 27% over…
Sebi has proposed changes to the business continuity and disaster recovery framework for market infrastructure institutions, including stock exchanges, clearing corporations and depositories, as it looks to make market systems more resilient during disruptions. The market regulator has issued a consultation paper seeking public feedback on three key areas: reducing the time required for mock…
Mumbai: The capital-markets regulator Thursday allowed foreign portfolio investors (FPIs) to execute power of attorney documents using digital signatures in a move aimed at cutting delays and simplifying the onboarding process for overseas investors. The latitude offered by the Securities and Exchange Board of India (Sebi) with the power of attorney (PoA) documents is expected…
ET Intelligence Group: Shares of Hitachi Energy, a power-grid equipment and technology company, have risen nearly 76% year-to-date, supported by healthy revenue growth and strong order inflows. The company has recently won orders for battery energy storage systems (BESS) and data centres, opening new avenues for growth. Its order book reached ₹32,222 crore at the…
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B SE, Muthoot Finance and Hindustan Zinc led five stocks with the highest revenue growth over the past year, alongside strong profit growth and five-star Value Research ratings.