SBI Funds Management Files IPO Papers with SEBI
SBI Funds Management, a subsidiary of State Bank of India, has filed draft papers with SEBI for an initial public offering to raise capital through a fresh issue and an offer for sale.
Category : Business
Odisha Developers Push for Land Conversion Reform
Real estate developers in Odisha call for modernization of the state's land conversion framework, citing delays and costs compared to reforms in Maharashtra and Karnataka.
Shilpa Shetty Gets Tax Relief: ITAT Orders Gift Re-examination
Mumbai ITAT grants Shilpa Shetty Kundra partial relief, ruling gift deed and PAN alone insufficient to prove Rs 12.5 crore gift genuineness. Tribunal directs fresh I-T examination with complete evidence.
US May Waive Iran Oil Sanctions, Easing India's Crude Supply
The Trump administration signals a waiver on floating Iran crude oil to stabilize global energy markets, potentially allowing India to resume imports and diversify its supply amid rising prices.
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Ludhiana Couple Wins Rs 3 Crore Lottery After Prize Unclaimed
A couple from Jassian village near Ludhiana discovered they won Rs 3 crore in the Punjab State Lottery two days after the prize went unclaimed, initially ignoring media reports.
US Stocks Drop Sharply Amid Oil Surge, Fed Caution
US stocks opened sharply lower as surging oil prices, rising Treasury yields, and cautious central bank stances rattled investors, with the Middle East conflict escalating global market fears.
Lemon Prices Double in Andhra Pradesh Amid Early Summer
Retail lemon prices in Andhra Pradesh have surged by 50% in weeks, hitting ₹160-200 per kg, as early summer heat spikes demand and supply falters, straining budgets.
Chickpea Farmers in Andhra Pradesh Hit by Price Crash, Imports Blamed
Bengal gram farmers across Andhra Pradesh are facing severe distress as market prices plummet below ₹5,000 per quintal, with growers attributing the crisis to cheaper imports and oversupply.
ED Attaches Rs 93 Lakh Assets of Ex-SBI Manager in Fraud
Enforcement Directorate Ranchi provisionally attached properties worth Rs 92.97 lakh of former SBI manager Manoj Kumar and family, linked to a Rs 5.40 crore fraud involving unauthorized transactions from customer accounts.
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Maharashtra Minister Seeks ADB Support for APMC, MAGNET
Maharashtra's Agricultural Marketing Minister Jaykumar Rawal met ADB officials in Manila to secure support for APMC market modernization and the MAGNET project, aiming to boost farmer incomes through enhanced horticultural value chains.
Health Insurance in India: Plans, Coverage, and Key Features
Explore the essential guide to health insurance in India, covering various plans like individual, family floater, and critical illness, with tips on choosing the right policy for financial security.
Parents' Health Insurance Guide: Coverage and Strategy
Explore essential coverage options and key considerations for securing health insurance for parents in India, including senior citizen plans, co-payment clauses, and common mistakes to avoid.
Car Insurance Renewal Guide for Travelers
Learn how to renew your car insurance safely while on the road. This guide covers quick mobile renewal steps, essential details to prepare, and tips for calculating premiums accurately.
PwC CEO: AI Adoption Mandatory for Partners, Firm Restructures
PwC's US CEO Paul Griggs has issued a stark warning to partners: those unwilling to adopt artificial intelligence will not remain at the company. The firm is restructuring services and pricing models in response to AI's transformative impact.
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Hormuz Blockade Hits Indian Construction: Costs Surge, Delays Mount
The Strait of Hormuz blockade is severely impacting India's construction industry, causing material costs to explode and project delays. Steel prices have surged 20%, with luxury housing in Mumbai facing the brunt of the crisis.
Hormuz Blockade Hits Construction: Costs Surge, Delays Mount
The Strait of Hormuz blockade is severely impacting India's construction industry, causing material costs to explode and project delays. Steel prices have surged 20%, shipping times extended by 10-20 days, and luxury housing faces significant premium hike
Mumbai Gudi Padwa: Bike Bookings Jump 21%, Car Sales Dip
Mumbai witnessed a festive automobile boom during Gudi Padwa with two-wheeler registrations rising 21% year-on-year to 7,568 units, while car bookings declined 11%. Experts warn this trend exacerbates the city's severe traffic congestion crisis.
India Launches RELIEF Scheme for Exporters Amid Middle East Conflict
The Indian government has introduced the RELIEF scheme with a Rs 497 crore outlay to support exporters facing disruptions from the Middle East conflict, including rising freight and insurance costs.
India to Safeguard Farm, Fisheries Interests at WTO Cameroon Meet
India will defend its agriculture and fisheries positions at the WTO Ministerial Conference in Cameroon, focusing on farmer and fisherman welfare, with discussions on trade reforms and e-commerce.
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Why Online Loans Process Faster Than Traditional Banks
Online loans offer rapid approval and disbursal due to automated systems, minimal paperwork, and 24/7 availability, making them a preferred choice for urgent financial needs.
Rupeezy Launches SIF for Advanced Investment Planning
Rupeezy introduces SIF, an AI-driven investment planning tool that offers personalized financial strategies, real-time market insights, and automated portfolio management for users.
HDFC Bank CEO Asked to Reconsider Resignation
HDFC Bank management has requested CEO Atanu Chakraborty to reconsider his resignation and adjust the wording in his departure letter, while expressing confidence in recovering from reputational challenges.
Sensex Crash: Rs 12.87 Lakh Crore Lost in a Day, Rs 37 Lakh Crore Since Feb 28
The BSE Sensex crash has erased Rs 12.87 lakh crore in market capitalisation in one day, with total losses reaching Rs 37 lakh crore since February 28, 2026.
Renault India Launches 2026 Duster SUV, Prices from Rs 10.29 Lakh
Renault India has launched the new 2026 Duster SUV in five variants, with prices ranging from Rs 10.29 lakh to Rs 18.09 lakh (ex-showroom). Pre-bookings are open, offering three engine options including a strong hybrid.
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Homeland Group, VRC Acquire Prime Mohali Land in GMADA Auction
Homeland Group and VRC acquired two prime land parcels in Mohali through a GMADA e-auction, including a 5.5-acre site near YPS School and a 13-acre mixed-use plot in Sector 62, with bids reaching Rs 70 crore per acre.
MEMU Rake Derails at Kapurthala Factory, No Injuries Reported
A newly manufactured MEMU rake derailed during testing at Kapurthala's Rail Coach Factory, causing major property damage but no casualties. An inquiry is underway amid union criticism over outsourcing.
Kuldeep Yadav's Crore-Worth Marble Bungalow in Kanpur Revealed
Explore Indian cricketer Kuldeep Yadav's lavish bungalow in Kanpur, Uttar Pradesh. This marble-clad residence, valued at crores, features premium interiors, spacious rooms, and reflects his journey from small-town roots to international stardom.
Sensex, Nifty Plunge 3% as Oil Shock Triggers Market Rout
Indian equity indices Sensex and Nifty plummeted more than 3% on Thursday, erasing three-day gains due to surging crude oil prices and escalating Middle East conflicts. Financials and autos were hardest hit, with ONGC the sole gainer.
PhoneDefer IPO Due to Global Market Conditions, Not Valuation
PhonePe pauses its public listing, prioritizing long-term stability amid global economic uncertainty and West Asian tensions, dismissing claims of valuation mismatches.
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Trip Dust's 7-Step System Simplifies Thailand Holidays for Indians
Trip Dust introduces a seven-step planning system to streamline Thailand holiday planning for Indian travellers, addressing itinerary confusion and personalizing trips across major destinations like Bangkok and Phuket.
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