U.S. Stocks Slide and Oil Prices Swing Amid Ongoing Conflict with Iran

Mumbai, Aug. 12 -- U.S. stocks slipped a bit further from their records Tuesday, while oil prices kept swinging on uncertainty about when the war with Iran will allow crude to flow freely again. The ... Read More

Navi Mutual Fund announces Appointment of Key Personnel

Mumbai, Aug. 12 -- Navi Mutual Fund has announced that Mr. Sharman Mohite, has been designated as the "Head of Sales" and shall be Key Personnel of Navi AMC Limited with effect from Thursday, July 30,... Read More

Economic Buzz: Japan M2 money stock climbs annual 2.2% in July

Mumbai, Aug. 12 -- The M2 money stock in Japan was up 2.2 percent on year in July, the Bank of Japan said on Wednesday - coming in at 1,297.0 trillion yen. The M3 was up 1.4 percent on year at 1,637.... Read More

Bandhan CRISIL-IBX 10:90 Gilt + SDL Index Dec 2029 Fund Merger into Bandhan Short Duration Fund

Mumbai, Aug. 12 -- Bandhan Mutual Fund has approved the merger of Bandhan CRISIL-IBX 10:90 Gilt + SDL Index - Dec 2029 Fund Merger into Bandhan Short Duration Fund, with effect from 11 September 2026.... Read More

Technocraft Ventures IPO ends with 38.69 times subscription

Mumbai, Aug. 12 -- The initial public offer of Technocraft Ventures received bids for 32,17,81,880 shares as against 83,17,190 shares on offer. The issue was subscribed 38.69 times. The qualified ins... Read More

Sensex, Nifty under pressure; consumer durables shares drop

Mumbai, Aug. 12 -- The key equity benchmarks traded with significant losses in mid-morning trade amid weighed down by selling pressure in index heavyweight stocks. Investor sentiment remained cautious... Read More

BHEL receives upgrade in credit ratings for LT bank facilities

Mumbai, Aug. 12 -- Bharat Heavy Electricals announced that India Ratings and Research has upgrade the rating of the company's long term bank loan facilities to IND AA; Stable from IND AA-; Positive. ... Read More

Economic Buzz: German inflation at 2.8% in July

Mumbai, Aug. 12 -- The annual inflation rate in Germany came in at 2.8% in July, the Federal Statistical Office (Destatis) confirmed in its final report released on Wednesday. The figure was sharply h... Read More

Axis Bank raises USD 300M 5.348% Senior Notes

Mumbai, Aug. 12 -- Axis Bank has successfully allotted U.S.$300,000,000 5.348 per cent. Senior Notes (Notes). The said Notes will be consolidated and form a single series with the U.S.$300,000,000 5.3... Read More

ICICI Prudential Mutual Mutual Fund announces change in benchmark under its scheme

Mumbai, Aug. 12 -- ICICI Prudential Mutual Fund has announced a change in the benchmark of the ICICI Prudential Nifty SDL Sep 2026 Index Fund, with effect from 30 September, 2026. Table, th, td {bord... Read More

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