Jubilant FoodWorks Ltd (JFL), which operates fast-food chains Domino’s Pizza and Dunkin’ Donuts, on Monday said its consolidated revenue from operations increased 19.7 per cent to Rs 2,340.4 crore in September quarter FY26. Its standalone revenue from operations, which primarily consists of domestic revenue, was at Rs 1,698.7 crore, up 15.8 per cent on yoy … Read more
Indian billionaire Gautam Adani‘s flagship firm is slated to raise up to 10 billion rupees ($112.6 million) through the private placement of two-year and six-month bonds, two bankers said on Monday, marking its first such fundraising since 2023. The company will pay a semi-annual coupon of 8.70% on the issue and has invited commitment bids … Read more
Markets staged a recovery amid volatility and closed near the week’s highs, buoyed by broad-based buying following the recent correction. The initial sessions remained muted, but sentiment saw a sharp turnaround after the MPC policy announcement. Consequently, both benchmark indices posted gains of nearly 1%, with the Nifty ending at 24,894.25 and the Sensex at … Read more
Capital markets regulator Sebi on Friday said Synoptics Technologies and its promoters will remain barred from the securities market till the outcome of a probe in a case of alleged siphoning off IPO proceeds. The company’s promoters are Jatin Shah, Jagmohan Manilal Shah and Janvi Jatin Shah have also been debarred by the regulator. “I…hereby … Read more
U.S. market regulators began the process of furloughing workers on Wednesday as the federal government shut down after Congress failed to extend funding, curtailing key oversight functions, stymieing initial public offerings, and limiting some market and economic data. The shutdown, which began at midnight, will force the Securities and Exchange Commission to furlough more than … Read more
India’s markets regulator has extended the timeline to roll out algorithmic trading for retail investors, giving stock brokers more time to upgrade their computer networks for ensuring safer participation. Retail algo trading, which allows investors to use automated strategies via computer programs, will be offered through application programming interfaces (APIs). As part of the new … Read more
After a year of flat returns, investors are asking if it’s finally time to put spare cash to work. Aparna Shanker, CIO–Equity at The Wealth Company Mutual Fund, breaks down why GST cuts could be the game changer, which sectors look strongest, and where fresh opportunities are emerging. Edited excerpts from a chat: Given that … Read more
Sebi will “engage” with the government to allow banks, insurance companies and pension funds to invest in non-agriculture commodity derivative markets, its chairman Tuhin Kanta Pandey said on Wednesday. He said the capital markets regulator is also looking at a proposal to allow foreign portfolio investors to trade in non-cash settled, non-agricultural commodity derivative contracts. … Read more
Gold price surged Rs 1,800 to touch a fresh peak of Rs 1,15,100 per 10 grams in the national capital on Tuesday amid a weak US dollar and growing expectations of rate cut by the Federal Reserve. According to the All India Sarafa Association, the precious metal of 99.5 per cent purity appreciated Rs 1,800 … Read more
Markets regulator Sebi on Wednesday cancelled the registration of 18 investment advisers for failing to pay renewal fees, a statutory requirement under its regulations. “…of the intermediaries regulations, 2008, hereby cancel the certificate of registration of investment adviser of the noticee No 1 to 18,” Sebi’s General Manager Soma Majumder said in the order. The … Read more