Vikas Khemani’s Carnelian Asset Management & Advisors has received final approval from the Securities and Exchange Board of India (SEBI) to launch its mutual fund business on July 22, 2026. This significant development allows the firm to offer a broader range of investment products, including active and passive strategies across equity, debt, and hybrid categories, […]

The Indian Institute of Technology Madras (IIT Madras) is on the cusp of a significant financial boost. It expects to receive Rs 112 crore from the upcoming Initial Public Offering (IPO) of Indo-MIM Ltd. This substantial gain stems from a unique gift. An alumnus, Krishna Chivukula, donated a 1% equity stake in Indo-MIM to his

Today, July 22, 2026, marks a significant day for the Indian stock market as over 60 companies, including major players like Eternal, Nestle India, and IndusInd Bank, announce their Q1 FY27 earnings. These results offer crucial insights into consumer spending trends, the health of the banking sector, and the growth trajectory of new-age businesses. For

Adani Energy Solutions Limited (AESL) has announced a significant jump in its first-quarter results for the financial year 2026-27. The company’s consolidated net profit soared by a remarkable 124% year-on-year, reaching Rs 1,149 crore for the April-June quarter. This impressive performance, reported today, July 21, 2026, also saw revenue climb by 42% to Rs 9,711.08

SBI Funds Management, India’s largest asset manager, made its stock market debut today, July 21, 2026, listing at a 6.85% premium on the NSE. While this offered a decent initial gain for investors, several analysts have set significantly higher target prices, some reaching up to Rs 750. This gap between the immediate listing performance and

Foreign Institutional Investors (FIIs) have significantly increased their stake in Billionbrains Garage Ventures Ltd., the parent company of the popular investment platform Groww, during the quarter ending June 2026. This substantial vote of confidence from global investors, with FII holdings rising by 4.38 percentage points, comes as Groww continues to expand its market presence. For

HDFC Bank shares plunged nearly 5% today, July 20, 2026, wiping out approximately Rs 70,000 crore from investor wealth. This sharp decline followed the bank’s Q1 FY27 earnings announcement over the weekend, which, despite showing year-on-year growth in profit and Net Interest Income (NII), fell short of market expectations. However, even with this significant fall,

Paytm’s board met today, July 20, 2026, to consider its first-ever bonus share issue since the company listed in November 2021. This significant corporate action comes alongside the approval of its Q1FY27 financial results. For the 7.5 lakh retail shareholders, this development signals a new phase for the fintech giant, even as the specific bonus

The Employees’ Provident Fund Organisation (EPFO) recently declared an 8.25% interest rate for the financial year 2025-26. This latest announcement is big news for millions of salaried Indians, as it directly affects the growth of their retirement savings. For many, EPFO is a cornerstone of their long-term financial planning. Quick Highlights: What Happened on July

The Big Private Space Milestone India’s premier space technology startup, Skyroot Aerospace Private Limited, successfully executed the maiden test flight of “Vikram-1,” the nation’s first privately developed orbital-class rocket, Saturday, July 18, 2026. Dropping into a precise countdown at the Satish Dhawan Space Centre in Sriharikota, the “Mission Aagaman” flight successfully lifted off at 11:35

The Big Mainboard IT Debut Next Week Madhya Pradesh-based integrated IT and IT-enabled services (ITES) provider Xtranet Technologies Limited is driving the primary market narrative as the details for its maiden public book-building issue emerge. The mainboard initial public offering (IPO) will officially open for public subscription on Thursday, July 23, 2026, and close on