Prop traders made Rs 44,000cr in F&O, retail traders lost Rs 72,000cr in FY26, says Sebi MUMBAI: Large institutions and proprietary traders continued to make a killing in the derivatives segment of the market during FY26. At the same time, it was retail traders who lost heavily during the fiscal, a Sebi study of F&O…
HDFC Bank raises record $1.8 bn via dollar bond issue MUMBAI: HDFC Bank has raised $1.75 billion through a dual-tranche dollar bond issue from its GIFT City branch to fund overseas lending and general banking operations.The issue comprises $500 million of three-year notes at 5.15% and $1.25 billion of five-year notes at 5.4%, settling Aug…
Emraan Hashmi’s romantic action drama ‘Awarapan 2’ has emerged as a super hit at the box office within just seven days of its theatrical release. The film has secured a strong verdict for itself, marking a significant turnaround for Hashmi, who has been waiting for a clean theatrical success. Taking full advantage of the Independence…
‘Vishwanath and Sons’ box office collections day 7_ Suriya starrer. Suriya and Mamitha Baiju’s ‘Vishwanath and Sons’ continued its theatrical run with another drop in earnings on Thursday. The family drama recorded an estimated India net collection of Rs 4.20 crore on its seventh day, according to Sacnilk. The figure is 17.6% lower than the…
RBI’s Poonam Gupta sees India growing above 6.7% forecast, says 7.5% is ‘a given’ CHENNAI: Despite multiple challenges, including the oil and tariff crises, heightened global uncertainty and the possibility of a rainfall deficit, India’s GDP is likely to grow faster than Reserve Bank of India‘s projected 6.7% this fiscal, RBI deputy governor Poonam Gupta…
Govt eases export rules to allow wider invoicing, payments in Indian rupees NEW DELHI: Govt on Thursday tweaked provisions of the Foreign Trade Policy to make it easier for exporters to invoice overseas transactions and receive payments in Indian rupees.“All export contracts and invoices, other than those involving member countries of the Asian Clearing Union…
Sebi bars 2 entities after Sensex CAS manipulation, orders Rs 3.76cr disgorgement MUMBAI: The first Sebi order relating to the recently introduced Closing Auction Session (CAS) system showed how, using money power, large institutions could manipulate the system and turn loss-making trades into profits in their books.In the order published late on Wednesday, Sebi’s investigation…
There seems to be just no stopping ‘Spider-Man: Brand New Day’ at the Indian box office.The film, which completed its third week at the Indian box office, saw a minor drop in numbers as it raked in an estimated Rs 1.75 crore net on Day 22. The Tom Holland-led superhero film recorded a gross collection…
Volkswagen to launch locally made sub-4m SUV in India in 2027, eyes bigger compact SUV play MUMBAI: Volkswagen is adopting a “vocal for local” strategy as the global automotive industry becomes more regional, Thomas Schafer, chief executive of Volkswagen Passenger Cars, said as he announced plans to launch a locally manufactured sub-four-metre compact SUV in…
Niva Bupa says no financial impact from Irdai action, vows steps to safeguard stakeholders MUMBAI: Niva Bupa Health Insurance has been barred from opening new places of business for six months after the insurance regulator found that the company had failed to comply with expense of management limits for 2024-25.Irdai in an order issued Aug…