Domestic investment banks dominated the league tables in the first half of FY27 as a surge in IPOs and qualified institutional placements (QIPs) boosted equity fundraising by 40% to nearly Rs 1.7 lakh crore.
According to Prime Database data, JM Financial claimed the top spot, managing 26 transactions worth Rs 75,775 crore during April-September. ICICI Securities ranked second with 21 deals worth Rs 73,310 crore, followed by SBI Capital Markets, which handled 11 transactions worth Rs 72,879 crore.
Gold jewellery buyers could see a new cost entering the pricing chain just ahead of the festive season. The Bureau of Indian Standards has raised the hallmarking fee payable by jewellers for gold articles to ₹75 per article from ₹45 earlier, while retaining the fee for silver articles at ₹35. The change comes into effect…
A routine movie outing at a PVR INOX turned into a payment dispute after a customer alleged that the theatre refused to accept cash for his movie ticket and at the food counter, raising questions over whether businesses can reject legal tender as a mode of payment for services. This incident involved Ahmedabad-based advocate Utkarsh…
Indian equities have been facing volatility, while foreign portfolio investors (FPIs) have remained a key source of selling pressure. But that trend may finally be showing signs of a reversal. In a post on X, Capitalmind Mutual Fund mentioned that “FPIs have started buying Indian stocks again”. The fund house noted that FPIs have invested…
Shares of Vedanta-owned Hindustan Zinc rose as much as 4% to a day’s high of Rs 595.30 on Friday, extending gains for a second straight session and taking the two-day advance to 7%. The gains came after silver prices rose for a third straight session. MCX silver jumped Rs 13,000 per kg to Rs 2,45,158,…
Motilal Oswal Nasdaq Q50 ETF (MONQ50) crashed 20% on 22 September, extending a sharp reversal that saw the ETF lose about 46% from its peak in just two sessions. The ETF had touched ₹471.99 on 21 September before falling to ₹317.04 and then hitting the 20% lower circuit. The bigger issue was the huge gap…
The Foreign Assets of Small Taxpayers – Disclosure Scheme, 2026 (FAST-DS) is a one-time voluntary disclosure scheme that allows eligible taxpayers to disclose certain undisclosed foreign assets, foreign income or undeclared foreign assets by paying the specified tax or fee. The scheme came into force on 16 August 2026. But can taxpayers use it to…
ET Bureau
