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Ahead of Market: 10 things that will decide stock market action on Friday
Domestic markets showed caution due to trade deal uncertainty, though renewed hopes emerged as negotiations restarted. Metals led gains on expectations of U.S. rate cuts and safe-haven demand. Globally, equities traded mixed as investors awaited key U.S. economic data and earnings reports.
SEBI orders forensic audit of Reliance Power; head of business and legal exits
Audit to examine alleged violations of SEBI Act, Securities Contracts, and the Companies Act
Crude oil price sinks 5% after Trump eases Iran concerns
Oil prices extended losses on Thursday after remarks by US President Donald Trump appeared to dial down threats of imminent military action on crude producer Iran. International benchmark Brent North Sea crude fell 4.4 percent to $63.61. ajb/rl
Goolsbee says lowering inflation is US Fed's main job
Chicago Fed President Austan Goolsbee emphasized the central bank's priority is reducing inflation, citing a stable job market as evidence. He indicated that interest rate cuts are possible later this year, provided there's convincing data showing a path back to the 2% inflation target. Goolsbee also defended the Fed's independence, warning against political interference that could reignite inflation.
BlackRock's assets hit record $14 trillion on fourth-quarter markets rally
BlackRock's fourth-quarter profit exceeded expectations. Market rallies boosted fee income and assets under management reached a record $14 trillion. The company increased its dividend and share buybacks. Strong inflows into fixed-income products and its ETF business contributed to a record year for net inflows. BlackRock is expanding into private markets for higher revenue.
Nuvoco Vistas turns profitable as Ebitda jumps 50% in Q3
Nuvoco Vistas Corp reported a consolidated net profit of Rs 49.37 crore in the December quarter, a significant turnaround from a year-earlier loss. This improvement was driven by a 50% surge in Ebitda to Rs 386 crore, alongside a 12% rise in revenue to Rs 2,701 crore.
US stocks open higher as chip stocks shine
Wall Street's main indexes rose at market open on Thursday after TSMC's blockbuster quarterly results ignited a rally in chipmakers, while investors parsed earnings from Morgan Stanley and Goldman Sachs that capped big banks' reporting season.
Mint Horizons brings investment gurus Neil Parikh, Jay Kothari to Kolkata
The Kolkata masterclass by Mint Horizons aims to equip investors with knowledge on global investment opportunities. Discussions will focus on navigating international markets, risk mitigation strategies, and essential themes for successful long-term investing amidst economic shifts.
SEBI weighs oversight of unlisted share market as focus shifts to disclosure gaps
Regulator outlines focus on disclosure quality, patient capital and deeper bond markets
Angel One announces 1:10 stock split, Rs 23 dividend even as Q3 profit falls 4%
Stock broker Angel One on Thursday reported a 4% year-on-year (YoY) decline in its consolidated net profit at Rs 269 crore in the third quarter. Along with the quarterly results, the company's board has also approved an interim dividend of Rs 23 per share and a stock split in the ratio of 1:10.
Pharma Q3 preview: Core business, India growth to offset Revlimid pain
Apart from the Revlimid loss, generic price competition in the US, and the addition of new medical representatives in the India business are likely to impact margins this quarter.
Morgan Stanley began coverage on Meesho with an equal-weight rating and Rs 169 target, citing full valuations after the rally, early-stage monetisation, and profitability still years away despite strong scale, growth prospects, and leadership in value e-commerce.
L&T Tech Q3 Results: Profit falls 6% YoY to Rs 303 crore, revenue rises 10%
LTTS reported a 6% YoY profit decline in Q3 despite 10% revenue growth, strong deal wins above $200 million for fifth straight quarter, stable margins, and momentum in AI-led engineering, sustainability and recovering mobility businesses supported by large global contracts.
HDFC Life Q3 Results: Standalone profit flat at Rs 421 crore; net premium income up 9%
HDFC Life Insurance on Thursday reported a muted bottomline growth in December quarter, with standalone profit after tax rising just 1% year-on-year to Rs 421 crore, compared with Rs 415 crore in the same period last year.
Jio Financial Q3 Results: PAT drops 9% YoY to Rs 269 crore even as revenue doubles
Jio Financial Services posted mixed Q3FY26 results, with net profit falling 9% YoY to Rs 269 crore, while revenue from operations more than doubled to Rs 901 crore.
These 13 microcap stocks crashed up to 64% in FY26. Are you affected?
FY26 has exposed sharp divergences within the microcap space. While benchmarks remain resilient, several microcap stocks have seen steep value erosion, with select names crashing up to 64%, highlighting the risks of chasing returns in volatile segments.
ECM pipeline strong, rupee likely oversold say Citi bankers
Citibank bankers expect Indias equity capital markets to stay strong in 2026, driven by high valuations, active IPO pipelines and private equity exits. They also see the rupee recovering from its 2025 weakness as tariff uncertainty eases. Upcoming ECB guideline reforms could further boost overseas fundraising activity for Indian companies.
A case for rethinking Sebis new merchant banking rules
PMS portfolios posted robust performances in 2025, with one-year returns climbing to nearly 42%, according to PMS Bazaar. Small-cap, multi-asset, thematic, and flexi-cap strategies dominated the leaderboard, led by Aequitas Investment Consultancy. The top 10 PMS performers reflect strong diversification, consistent execution, and varied investment approaches across market segments.
PMS Tracker: 10 best performing PMS portfolios of 2025 with gains of up to 42%
PMS portfolios delivered strong returns in 2025, with one-year gains reaching up to 42%, according to PMS Bazaar. Small-cap, multi-asset, and flexi-cap strategies dominated the rankings, led by Aequitas Investment Consultancy. The top 10 PMS performers highlight consistent wealth creation across diverse investment styles and asset classes.
Anand Rathi Share and Stock Brokers Q3 profit jumps 72%
Total revenues increased 22 per cent to Rs 249 crore during the quarter.
Silver at a crossroads: Is the market ignoring a $30 downside?
Neo Wealth warns silvers 2025 surge, driven by industrial demand, is vulnerable to sharp reversals. Heavy leverage, backwardation, and fickle investment flows could trigger liquidity shocks, pushing prices well below perceived support despite intact long-term fundamentals and historical crash precedents.
Top 10 smallcap stocks tumble up to 20% in 2026. Is your portfolio at risk?
Japan's Nikkei falls from record as tech shares retreat; Topix rises
Japan's Nikkei share average retreated from a record high as a stronger yen impacted exporters and technology stock momentum waned. The benchmark Nikkei 225 fell 0.4%, while the broader Topix achieved a new all-time closing high. This mirrored a Wall Street trend where tech shares dragged down markets, with currency movements adding headwinds for Japanese firms.
European shares gain as upbeat data and strong earnings lift sentiment
European markets extended their rally on Thursday, buoyed by encouraging economic data and robust corporate earnings. Strong results from TSMC propelled ASML to record highs, while Swedbank and Richemont also saw significant gains. Positive economic indicators from Britain and Sweden further bolstered investor confidence, suggesting a resilient regional economy.
PFC launches third public NCD issue, plans to raise 5,000 crore
The issue is set to open for subscription on January 16 and run through January 30
ASML tops $500 billion market cap as TSMC results ignite semis rally
ASML shares have reached a record high. The Dutch chipmaking equipment maker's market value has crossed $500 billion. This makes ASML Europe's most valuable company. The surge was driven by strong results from TSMC. This news has boosted semiconductor stocks across Europe. ASML shares saw a significant increase.
Flipkart, Meta penalised for misleading walkie-talkie listings
The orders against Flipkart and Meta underline the regulators view that online marketplaces cannot shift responsibility entirely onto third-party sellers, particularly for products governed by sector-specific laws.
Missed income? ITR-U gives a second chance, but at a steep cost
Missed income disclosures after the December deadline? The updated return offers a second chancebut only if it results in higher tax, and with penalties that rise sharply over time.
Rs 1.4L cr shock hits Reliance: Will Q3 turn the tide?
NSE IPO soon: Sebi gives in-principle nod to settle unfair market access case
Sebi has agreed in principle to NSEs settlement plea in the long-running unfair market access case, clearing a major hurdle for its long-awaited IPO. The government has also approved a 2.5% stake dilution. Regulatory clarity has revived investor interest, pushing NSEs unlisted share prices higher ahead of a potential filing of draft papers by end-March.
Silver retreats by 8% from highs after nearing $94: Profit-booking or pause before $100?
Silver prices saw a significant drop on Thursday after nearing record highs. The pullback followed a strong rally, with traders booking profits. Analysts point to technical resistance and macroeconomic triggers for the reversal. While challenges remain for a consistent uptrend, the broader outlook for silver is constructive. Market watchers are observing its reaction in upcoming trading sessions.
SRF, Welspun Living among 12 midcap picks by Systematix Research with upside potential of up to 53%
Systematix Research expects healthy YoY momentum in the Indian speciality chemicals sector in Q3FY26, driven by volume growth and capex commercialisation. While margins face pressure in some segments, the brokerage has updated ratings and targets for midcap stocks across chemicals and textiles, with upside potential of up to 53%.
Why todays market holiday sparked a Street debate: Shankar Sharma, Nithin Kamath, Samir Arora react
A recent municipal election closure of Indian stock exchanges sparked a debate among market leaders. While some criticized the holiday as poor planning and a sign of not being globally aligned, others saw it as a tactical buffer against foreign selling. The discussion highlights concerns about market consistency and fairness for international investors.
NSE nears listing as market regulator agrees to settle, SEBI chair says
India's biggest bourse and the world's most active derivatives exchange has been trying to list since 2016
RIL Q3 Preview: Strong O2C, Jio to aid revenue growth; retail growth seen lagging
Reliance Industries is expected to report steady Q3 growth, driven by strong oil-to-chemicals margins and robust Jio performance, while retail and upstream oil & gas segments remain under pressure. Brokerages project mid-single digit revenue and profit growth, with digital and O2C earnings offsetting softer performance in other segments.
Metal stocks surge up to 18% in 2026: Top 6 gainers powering the rally. How many in your portfolio?
Metal stocks have gained up to 18% in 2026, lifting the Nifty Metal index to joint-best performer status. Rising silver prices, tight copper supply, policy support and capex momentum have driven gains in NALCO, Vedanta, Tata Steel and others.
Infosys shares may jump up to 10% tomorrow if ADR is an indicator. Target prices go up to Rs 2,076
Infosys is poised for strong buying after raising its FY26 constant-currency revenue growth guidance to 3-3.5%, signaling improved demand despite a challenging IT sector. The company's ADRs surged 10% overnight following the upgrade, with several brokerages reiterating 'Buy' ratings and increasing target prices.
Budget 2026: What real estate developers are expecting as tier-II cities take centre stage
Ahead of Budget 2026, Indias real estate sector is shifting focus to Tier-II cities and premium housing. Developers expect infrastructure-led growth, policy support, and tax incentives to boost demand, affordability, and investment. Tier-II hubs like Sonipat are emerging as key growth centres, while luxury segments seek fiscal maturity and ESG-aligned incentives.
Bitcoin reached an eight-week peak near $97,000. This surge followed easing inflation worries and positive regulatory news. Strong inflows into Bitcoin ETFs also boosted confidence. Major altcoins saw declines. The cryptocurrency market capitalization neared $3.25 trillion. Bitcoin and Ethereum showed resilience amid economic uncertainty. Institutional demand appears to be returning.
Mahindras SUV blitz draws Nomuras top-pick call while Bajajs EV gamble leaves limited upside
Mahindra & Mahindra's strong SUV bookings, driven by the XUV 7XO and XEV 9S, have led Nomura to name it their top auto pick. In contrast, Nomura maintains a neutral stance on Bajaj Auto's new electric scooter, favoring Ather Energy and TVS Motor for two-wheeler growth.
Indias Russia oil trade may dip again, stranding cargoes at sea
The Trump administration has attacked India for months over purchases of oil that Washington says are supporting President Vladimir Putins war in Ukraine, and ultimately imposed punitive 50% tariffs
IT earnings recovery nowhere in sight, markets still pricey: Where Anand Tandon sees value now
IT earnings remain under pressure as global demand stays weak, says analyst Anand Tandon. With markets still expensive, opportunities are selective in metals, PSU banks, capital goods and life insurance, while Budget tax relief looks unlikely. Heres where investors may still find pockets of value amid earnings uncertainty and sectoral rotation.
Bharat Coking Coal IPO GMP holds strong at nearly 60% as listing gets postponed
Bharat Coking Coal IPOs grey market premium remains near 60% despite a delay in listing due to a trading holiday. The issue saw massive investor interest, strong subscription levels, and sustained optimism ahead of the revised January 19 debut.
China Vanke seeks 90-day grace period extension for 2 billion yuan bond
China Vanke is seeking to extend the grace period for a 2 billion yuan bond repayment, originally due December 15, by an additional 90 trading days. The developer also proposed a one-year deferral, using project receivables as credit enhancements, and paying overdue interest by the grace period's end. Approval would push the expiration to April 29.
Fixed income in focus ahead of Budget 2026: why bonds are back on investors radar
Fixed-income markets are back in focus ahead of Budget 2026 as investors track fiscal consolidation, stable sovereign yields and global rate volatility. Experts say disciplined deficit guidance, supportive monetary conditions and potential bond index inclusion could boost confidence in both government and corporate debt, driving renewed interest in bonds.
Volume Shocker: 6 stocks see over 1 crore MF share additions in Dec25; rally up to 20%
Six stocks witnessed massive mutual fund buying with over 1 crore shares added in December 2025, triggering rallies of up to 20% and signalling strong institutional confidence.
Prestige Estates Q3 sales bookings jump 39 pc to Rs 4,184 cr
Prestige Estates Projects Ltd reported a significant 39% increase in sales bookings to Rs 4183.6 crore in Q3 FY26, driven by strong housing property demand. The company achieved record-breaking sales of Rs 22,327.3 crore in the first nine months of the fiscal year, surpassing previous full-year peaks.
Wipro Q3 Preview: Revenue may rise 4% YoY; margins under pressure
Wipro is expected to post muted Q3 performance, with revenue rising about 4% YoY and margins remaining under pressure due to furloughs, deal ramp-up costs and acquisition integration. Brokerages see flat profit growth and limited sequential momentum, while Q4 guidance and large deal conversions will be key investor focus areas.
Fed Chair stays for now as Trump weighs successor amid Justice probe
US President Donald Trump said he has no immediate plans to remove Federal Reserve Chair Jerome Powell despite a Justice Department investigation into renovation cost overruns. The probe has intensified debate over central bank independence, drawing bipartisan criticism, even as Trump considers potential successors and defends a stronger presidential role in monetary policy.
NBFCs are set for their strongest earnings in nine quarters, with Motilal Oswal expecting robust Q3 growth led by steady AUM momentum, margin gains and controlled credit costs.
US economic activity shows broad-based stability ahead of Fed meeting
US economic activity showed broad-based stability in recent weeks, with most Federal Reserve districts reporting modest growth and steady employment, according to the latest Beige Book. Price pressures remained moderate, and markets expect the Fed to hold rates steady at its upcoming meeting as policymakers await clearer inflation trends.
Markets jittery, but fundamentals offer comfort: Dipan Mehta
Indian equity markets are experiencing a choppy phase, surprising investors despite intact fundamentals. Market veteran Dipan Mehta remains optimistic about the current earnings season, anticipating a potential rally beyond previous highs. He also favors wealth management firms over AMCs for financialization plays and sees a positive outlook for the IT sector driven by AI.
Nomura has initiated coverage on United Spirits with a Buy rating, citing premiumisation tailwinds, easing regulatory environment and innovation-led expansion. The brokerage sees a developing upcycle and expects margin expansion, healthy earnings growth and valuation comfort.
Tech Mahindra Q3 Preview: Profit set to climb despite one-time labour code charges
Tech Mahindra is poised for steady revenue growth and improved profitability in the December quarter, driven by margin expansion and cost optimization. Brokerages anticipate a modest revenue increase of around 7% year-on-year, with profit after tax projected to surge approximately 40% YoY, outperforming many peers.
5 stocks YES Securities expects to shine in 2026, with upsides up to 26%
YES Securities believes Indian equities are entering 2026 with a structural growth tailwind despite global uncertainty. The brokerage has identified five high-conviction Buy-rated stocks, citing strong balance sheets, improving business mix and sector-specific drivers, with potential upsides of up to 26% across auto components, financials and banking.
Justice Department probe of Fed reignites autonomy debate
Neel Kashkari said the Trump administrations actions against the Federal Reserve reflect monetary policy disagreements. He backed Jerome Powell after a Justice Department investigation, warning that political pressure threatens central bank independence. Despite escalating tensions, markets remain steady amid bipartisan support and expectations that the Supreme Court will recognise the Feds distinct status.
Mumbai poll holiday for BSE, NSE draws flak from Zerodha's Nithin Kamath
Indian stock exchanges observed a full trading holiday on Thursday, January 15, due to municipal elections in Maharashtra. Zerodha CEO Nithin Kamath criticized the closure, citing global market connectivity and poor planning. The debate intensified with Samir Arora questioning the consistency of such arguments, especially in light of markets opening on a Sunday for Budget Day.
Bharat Coking Coal IPO listing delayed: Check revised allotment, refund and listing timeline
Earlier, the company had planned to finalise allotment on January 14, initiate refunds on January 15 and list the stock on January 16.
Q3 Results Today Live Updates: Several companies, including Jio Financial Services, HDFC Life Insurance, 360 ONE WAM, LT Technology Services, Angel One and Emmvee Photovoltaic Power, are set to announce their FY26 Q3 earnings on January 15, 2026.
Shadowfax IPO in focus: GMP and 10 key takeaways for investors ahead of subscription
Shadowfax IPO is in focus as investors track the latest grey market premium (GMP) and assess 10 key factors, including valuation, growth prospects and risks, ahead of the issues subscription window.
Silver at record highs: Can the rally sustain to cross $100 in January?
Silver prices have surged to record levels amid supply constraints, rising industrial demand, and supportive macro conditions. While analysts remain bullish, experts caution that breaching $100 in January may require a strong catalyst and could be accompanied by sharp volatility.
Crude oil takes centre stage amid geopolitical storms, can it still offer investment opportunities?
Crude oil prices remain volatile amid rising geopolitical risks across key regions. Analysts suggest oil is best used as a tactical hedge rather than a core investment, with energy equities offering more stable opportunities during uncertain global conditions.
US Stocks | ETFs first, stock picks later: How Indians should invest in US markets
Indian investors in 2026 are advised a layered approach to US equities amidst geopolitical uncertainty. Building a core with low-cost US ETFs and selectively adding high-conviction stocks balances diversification with opportunities in growth themes like AI, while managing risk effectively.
Indias financial markets closed today for holiday
Earlier on Wednesday, the benchmarks extended losses amid U.S. tariff concerns, foreign outflows, a weaker rupee and firmer bond yields.
Toyota Industries' shares hit record as market hopes for higher buyout offer
Shares of forklift maker Toyota Industries reached a record high today. This surge followed an improved offer from Toyota Motor. Investors are trading above the new price, anticipating an even better deal. The initial proposal faced criticism for its unclear valuation. Toyota Motor raised its bid by 15% to 18,800 yen per share. The tender period is now open.
Trip.com shares crash 22% in Hong Kong after antitrust probe
Hong Kong-listed shares of a major Chinese online travel agency plummeted after regulators launched an antitrust probe. The company is suspected of abusing its dominant market position. Analysts suggest this could impact sentiment but not necessarily its industry standing. Potential fines could reach hundreds of millions of dollars, and divestment is also a possibility.
An emerging markets supercycle has just begun: Shuli Ren
Emerging markets are set for a long growth period. A weak dollar and global growth continue to support this trend. New opportunities are emerging in commodities like gold and copper. Countries like Venezuela and Saudi Arabia are opening up for investment. The AI boom is also creating demand for resources found in emerging markets, offering diverse investment potential.
Q3 results today: HDFC Life, Jio Financial among 27 companies to report earnings on Thursday
Thursday brings Q3 earnings for 27 companies. Investors will focus on HDFC Life Insurance, Angel One, and Jio Financial Services. Key metrics to watch include demand conditions, margins, and future outlook. Brokerages anticipate steady growth for HDFC Life, while Angel One may see a mixed quarter due to regulatory shifts.
Citigroup profit beats estimates as dealmaking rebounds
Citigroup surpassed Wall Street profit expectations, driven by a surge in dealmaking and corporate client services. Investment banking fees soared, and M&A advisory hit record highs in 2025. Despite a Russian unit sale loss, the bank's performance signals a turnaround, with ongoing efforts to fix risk controls and potential job cuts due to automation.
Wells Fargo misses profit estimates on severance costs, shares fall
Wells Fargo reported lower profits, impacted by severance costs for operational streamlining. The bank's shares saw a significant drop. Despite missing some profit targets, Wells Fargo is focusing on growth initiatives, including new credit card products and AI investment. The lifting of an asset cap offers potential for expansion.
Gold slips as profit-taking, softer geopolitical tone hit safe-haven demand
Gold prices eased on Thursday after reaching record highs. Investors took profits as U.S. President Donald Trump softened his stance on the Federal Reserve chair and Iran. This reduced demand for gold as a safe haven. Other precious metals like silver, platinum, and palladium also saw declines. Market participants are now awaiting U.S. jobless claims data for further economic clues.
Yen steadies as traders gird for election, intervention fears lurk
The yen hovered near 18-month lows as traders anticipated intervention following strong warnings ahead of a Japanese election that could spur fiscal stimulus. Meanwhile, the dollar recovered from initial weakness after Federal Reserve Chair Powell addressed subpoena concerns, though worries about Fed independence persist amid positive U.S. economic data.
Oil prices sink more than 2% as Trump remarks calm concern about Iran
Oil prices dropped significantly as President Trump indicated a halt to killings in Iran, easing fears of military action and supply disruptions. Adding to the bearish sentiment, U.S. crude and gasoline inventories saw a sharp rise, while Venezuela resumed oil exports. These factors overshadowed positive demand forecasts from OPEC and strong Chinese import data.
Asian shares set for weaker open, crude oil falls
Asia's benchmark share index is poised to dip from a record high following Wall Street's decline, driven by a rotation out of expensive technology stocks. Futures for Japan, Hong Kong, and China fell as the Nasdaq 100 dropped. Oil prices also decreased after President Trump indicated Iran would halt protester killings.
Wall Street ends lower, led by drop in Nasdaq, with tech, banks falling
U.S. stocks declined Wednesday, led by a drop in the Nasdaq and technology shares as investors sought defensive sectors. Bank stocks extended losses following mixed earnings and concerns over a proposed credit-card interest rate cap. The Russell 2000 and S&P 500 industrials, however, hit record highs.
Stock Market Holiday: Are NSE, BSE closed for trading today for Maharashtra Municipal election?
NSE Holiday Today 2026: Both exchanges issued revised circulars confirming the trading holiday. The BSE clarified that equity derivatives contracts originally scheduled to expire on January 15, were revised to expire a day earlier, on January 14.
Market Holiday: Can investors trade gold, silver on MCX today?
Trading on MCX will be limited to the evening session on Wednesday, January 15. This is due to Municipal Corporation elections in Maharashtra. The Indian stock market will also be closed on this day. Both BSE and NSE have confirmed the trading holiday. Equity derivatives contracts expiring on January 15 will now expire a day earlier.
Rising memory chip prices weigh down Dixon stock
Dixon Technologies' stock faces pressure from rising memory chip costs and upcoming regulatory changes. The company, a major Android handset maker, sees its stock decline. Analysts point to government approvals, memory price surges impacting demand, and the end of the PLI scheme as key concerns. Dixon is investing in component manufacturing and expanding capacity to navigate these challenges.
Metal shares extend bull run as commodity rally shows no signs of fatigue
Indian metal producers are seeing record stock prices. Commodity prices are rising due to global uncertainty and industrial demand. Gold and silver have seen significant gains. Copper prices are also at record highs. Analysts have mixed views, with some advising caution on overbought stocks while others expect the rally to continue.
Elara Capital sees Nifty at 30,000 by March 2027
Elara Capital forecasts the Nifty index to reach 30,000 by March 2027. This projection suggests a potential 17% increase from current levels. The brokerage anticipates an earnings rebound will fuel this surge. Elara favors the consumption sector, particularly premiumization themes in discretionary spending, auto, jewelry, beauty, personal care, and hotels. NBFCs, private banks, and oil marketing companies are also preferred.
Lower rates to weigh on large housing finance companies in Q3
Housing finance companies face a challenging December quarter with slower growth and squeezed margins due to aggressive bank competition. While large firms grapple with lower rates, affordable housing lenders are expected to maintain profitability by keeping their lending rates steady. Analysts anticipate stable asset quality despite some localized stress.
Punjab & Sind, IOB plan Rs 7,000 crore share sale
Indian Overseas Bank and Punjab & Sind Bank are set to raise 4,000 crore and 3,000 crore respectively through qualified institutional placements this quarter. IOB has secured necessary approvals and is appointing merchant bankers, while Punjab & Sind Bank will hold an EGM on January 21 to consider its equity capital raise.
Coca-Cola plans to pop the cap on $1 billion HCCB IPO this year
Coca-Cola is preparing to list its Indian bottling arm, Hindustan Coca-Cola Beverages (HCCB), through an IPO this summer to raise approximately $1 billion. The company is valued at nearly $10 billion, with investment bankers like Kotak, HDFC Group, and Citibank onboard. This move aligns with Coca-Cola's global strategy of focusing on brand building rather than direct ownership of capital-intensive operations.
Anand Rathi Share Q3 net profit up over 32%
Anand Rathi Share and Stock Brokers reported strong financial results for the December quarter. The company's net profit surged by 32.6% compared to the previous quarter and an impressive 71.8% year-on-year. Operating revenue also saw a healthy increase of 9.2% sequentially and 21.5% from the same period last year. These figures highlight robust growth for the brokerage firm.
RBI tightens forex risk norms, aligns capital rules with global standards
The Reserve Bank of India has introduced new banking rules for calculating foreign exchange risk capital charges, aiming for international alignment. Banks will now compute these requirements continuously at consolidated and standalone levels, with changes effective April 1, 2027. The RBI also allows exclusion of specific 'structural' foreign exchange positions under strict conditions.
Moving abroad? Here's the financial checklist before you become an NRI
There are some financial steps that one needs to take to avoid unexpected taxes or penalties. The transition requires precise paperwork and liquidation of assets, among other things, to ensure a smooth transition
Large deal wins power Infosys Q3 performance; labour code impact weighs on margins
Infosys secured significant large deals in the December quarter, exceeding revenue expectations. A one-time impact from labor code changes affected profits. The company also increased its FY26 revenue growth forecast. This follows positive results from peers like TCS and HCL Tech. Clients are adopting new AI technology platforms. Infosys saw its headcount rise and attrition rates fall.
US, Europe dominate FPI flows, Singapore & Mauritius lose out
Overseas capital in Indian equities has shifted structurally, with US and European investors now dominating over traditional tax havens like Mauritius. Tighter tax norms and regulatory disclosures, including the principal purpose test and beneficial ownership rules, have reduced the appeal of Mauritius, leading to significant withdrawals from Indian equities in 2025.
Tiger Global's treaty 'abuse' case key to how money flows to India
International investors await a crucial Supreme Court verdict on Tiger Global's tax case. This ruling will significantly impact how foreign funds structure their investments in India. The decision could redefine tax implications for indirect transfers and the validity of tax residency certificates. Investors are closely watching for clarity on tax rules and their potential impact on future investment decisions.
ET Market Watch: Why markets fell today - Tariff fears, FII selling hit Sensex, Nifty
