India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
(Reuters) -- India's market regulator said it had barred U.S. trading company Jane Street from accessing the local securities market, after an investigation into alleged market manipulation through positions taken in equities derivatives. The Securities and Exchange Board of India (SEBI) posted an order on its website dated July 3 outlining that Jane Street would no longer be able to participate in the domestic securities market. Jane Street did not immediately respond to a request for comment from Reuters. "Entities are restrained from accessing the securities market and are further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly," the SEBI notice said, referring to Jane Street entities. News of SEBI's actions comes as half a dozen global trading firms, from Citadel Securities and IMC Trading to Millennium and Optiver, are ratcheting up their presence in India's booming derivatives markets. SEBI said it would "impound" Jane Street's 48.4 billion rupees ($566.71 million) which it said were the "unlawful gains earned" from the alleged misconduct. It said Jane Street's activity on existing positions would be monitored until the regulator's investigation is finalized.
Adani Group's listed stocks, which at one point saw as much as $34 billion wiped off their market value, meanwhile recovered ground as some partners and investors rallied behind it. State Bank of India will not stop lending to ongoing Adani projects that are nearing completion, two sources told Reuters, but will exercise caution when disbursing loans to ensure all terms and conditions are being met. Bank of India, Union Bank, ICICI Bank, Canara Bank, IDBI Bank and RBL Bank, which have relatively smaller exposures to the Adani Group, are undertaking similar exercises, sources said. A regulat ...Read More >
New Delhi, Dec 26 (PTI) The Metropolitan Stock Exchange of India (MSE) is set to raise Rs 238 crore from four entities including Billionbrains Garage Ventures, Groww's parent, and Zerodha's Rainmatter Investments in a bid to stay afloat. Others who invested in MSEI are -- BSE-listed Share India Securities, and Securocorp Securities India. The exchange's board in its meeting on Tuesday approved the issuance of 1.19 billion equity shares at Rs 2 per share, comprising Rs 1 face value and Rs 1 premium to these four investors through a private placement, according to a disclosure on MSEI's websit ...Read More >
Mumbai, June 6 (SocialNews.XYZ) The Securities and Exchange Board of India (SEBI) has ordered the attachment of absconding businessman Mehul Choksi's bank accounts, mutual funds, and shares in an effort to recover Rs 2.1 crore. The amount is related to a penalty imposed on him for violating insider trading rules in the shares of Gitanjali Gems. Choksi, who was the Chairman and Managing Director of Gitanjali Gems, is accused of sharing unpublished price-sensitive information (UPSI) with an associate, Rakesh Girdharlal Gajera. Based on that information, Gajera sold off his entire 5.75 per cen ...Read More >
Mumbai (Maharashtra) [India], June 27 (ANI): Confirming certain media reports, the Securities and Exchange Board of India (SEBI) on Friday stated that it had conducted search and seizure operations at multiple locations in June, 2025 in connection with a pump-and-dump scam involving certain stocks. In a statement, the markets regulator said it had seized incriminating evidence during the raids and that an investigation is ongoing. 'Various news reports have appeared in media regarding Securities and Exchange Board of India (SEBI) raids in the matter of pump and dump scam. It is hereby clarif ...Read More >
Mumbai, July 3 (SocialNews.XYZ) The Indian benchmark indices opened higher on Thursday amid positive global cues, as buying was seen in the IT, pharma and auto sectors in the early trade. At around 9.25 am, Sensex was trading 68.28 points or 0.08 per cent up at 83,477.97 while the Nifty added 19.30 points or 0.08 per cent at 25,472.70. Analysts said they are only consolidating the bullish rectangle breakout and as long as the 25,200-25,270 area is protected, bulls are merely taking a breather. "Under 25,200, we risk 25,000. On the upside, the recent swing high at 25,670 is where the bullish ...Read More >
Stocktwits - Indian markets remained rangebound at open, with the Nifty index hovering around the 25,400 level. The retail sentiment on Stocktwits for Nifty has moved to 'neutral' from 'bullish'. Nifty sentiment and message volume on July 4 as of 9:45 am IST. | source: StocktwitsSectorally, metals continued to trade under pressure, while real estate, FMCG and pharma stocks saw some buying. Trent (NSE:TREN) was the top Nifty loser, falling 8% after management at its AGM stated that its fashion segment is expected to grow approximately 20% in Q1FY26E. Nuvama has downgraded the stock to 'Hold' ...Read More >
MUMBAI (Reuters) -India has barred one of the world's largest quant trading firms, Jane Street, from accessing its securities market after an investigation found it made "unlawful gains", taking the most stringent action ever against a foreign trading firm. The markets regulator also impounded $567 million from U.S.-based Jane Street, which said it disputed the findings. Here are facts about Jane Street and its India presence: WHAT IS JANE STREET? Jane Street has more than 3,000 staff in five offices across the United States, Europe, and Asia. It trades in stocks of 45 countries and is also ...Read More >
New Delhi, Dec 4 (PTI) Axis Securities on Wednesday settled a case involving front-running trades by Vikrant Bhimrao Kadam, who worked as its dealer, and his friend, after paying Rs 14.62 lakh towards settlement amount to Sebi. It was alleged that as a stock broker, Axis Securities failed to exercise appropriate due diligence in the matter in its dealer and branch manager compliance policy. Also Read | Latest Government Jobs Notifications: Apply for 98 Court Officer, Assistant and Other Posts of NCLT Recruitment 2024; Know Salary and Other Details Here. The order came after Axis Securities ...Read More >
Brookfield India Real Estate Trust's Rs 2,800- crore QIP has drawn interest from institutional investors such as India's biggest insurer Life Insurance Corporation of India (LIC), World Bank arm IFC and mutual funds such as ICICI Prudential MF and SBI MF, sources told Moneycontrol. The Canadian investment firm Brookfield-backed firm's QIP, with a base issue size of Rs 2,800 crore, saw a 2x demand from investors, the sources said. "This is the first time LIC and IFC have invested in a REIT in In ...Read More >
New Delhi, May 22 (PTI) Markets regulator Sebi will issue directions this month over expiry of equity derivatives contracts after analysing the comments on the consultation paper, its chairman Tuhin Kanta Pandey said on Thursday. Sebi, in its consultation paper issued in March, proposed that the expiries of all equity derivatives contracts across exchanges be uniformly limited to either Tuesdays or Thursdays. This would help optimize the spacing between expiries and avoid designating either the first or last day of the week as the expiry day. Talking to reporters, Pandey said, "Right now, wh ...Read More >
New Delhi, Jun 6 (PTI) Infrastructure major Larsen & Toubro (L&T) on Friday said it will raise Rs 500 crore through ESG bonds. An ESG bond is a debt security that funds an environmental, social, or governance goal. "Larsen & Toubro (L&T) has announced a Rs 500 crore ESG bond issuance deal, becoming the first Indian corporate to do so under the Securities and Exchange Board of India's (Sebi's) newly introduced ESG and sustainability-linked bond framework," the company said in a statement. HSBC is acting as the sole lead arranger in the transaction, it said. As part of the ESG bond deal, the ...Read More >
Mumbai: Markets regulator Securities and Exchange Board of India (Sebi) on Friday issued a corrigendum to its 28 May order in the alleged insider trading case involving IndusInd Bank, clarifying that the words "board note" should be read as an "engagement note signed by the chief financial officer and noticee numbers one and two." "Noticee numbers one and two" are former deputy chief executive Arun Khurana and former chief executive officer (CEO) Sumant Kathpalia. Also read: RBI governor Malhotra says IndusInd Bank doing well, shares jump 5% On 28 May, Sebi cracked the whip on former top ex ...Read More >
VISAKHAPATNAM: Energy Minister Gottipati Ravi Kumar inaugurated Andhra Pradesh's first Super ECBC (Energy Conservation Building Code) compliant building at Sagar Nagar in Visakhapatnam on Friday. Terming it a landmark in sustainable infrastructure, he emphasised the government's commitment to energy efficiency and green design in public facilities. The facility will serve as a national-level training hub for power sector staff. He urged power utilities to expedite 20 lakh rooftop solar connections, targeting 10,000 in each Assembly segment. He reaffirmed nine-hour uninterrupted power for agri ...Read More >
MUMBAI (Reuters) -Indian billionaire Gautam Adani's flagship firm plans to raise up to 10 billion rupees ($116.77 million) through a retail bond issue opening for public subscription next week, two sources aware of the development told Reuters on Tuesday. Adani Enterprises will sell two-year, three-year and five-year bonds through the issue, which will remain open for subscription from July 9 to July 22, the sources added. The company will pay an annual coupon of 8.95% on its two-year bonds, 9.15% on three-year bonds and 9.30% on five-year bonds, and will also have an option to defer interes ...Read More >
MUMBAI: The capital markets watchdog Securities Exchange Board (Sebi) has debarred the US proprietary trading firm Jane Street Capital from accessing the securities markets, and has impounded as much as $566 million for its illegal gain from manipulating the Nifty index. According to Sebi calculation, the company and its associated entities made a whopping Rs 36,671 crore in profits between January 2023 and May 2025, Sebi said in the 105-page interim order passed by the whole-time member Anantha Narayna G late last night. Of the total gain, Sebi considers as much as $566.3 million are illegal ...Read More >
Mumbai (Maharashtra) [India], July 4 (ANI): The interim order against the index manipulation matter concerning Jane Street Group, on which the markets regulator passed an order to recover ₹4,843.57 crore, should not be considered a show cause notice, SEBI sources said, adding that the investigations into the US-based investment firm will continue. "This interim order is not a Show Cause Notice, and it clearly indicates that investigations into Jane Street will continue. This interim order has only looked at the 18 major days of prima facie BANKNIFTY index manipulation on expiry day during the ...Read More >
New Delhi, Dec 4 (PTI) The Congress Wednesday said a "cover-up" is in the making after reports claimed entities connected to the Adani Group have approached the SEBI seeking settlement in a case that alleges violations of public shareholding norms through unfair practices. It asserted the "scam" requires serious punitive action, including arrests and raids by investigative agencies. Congress general secretary in-charge communications Jairam Ramesh said a token settlement would make Indian institutions a laughing stock whose reputation has already been tarnished by the actions of Prime Minist ...Read More >
Mumbai (Maharashtra) [India], June 6 (ANI): Commodity exchange MCX has received approval from the markets regulator SEBI to launch electricity derivatives. "This development underscores the strong commitment and support of the Regulators - SEBI and Central Electricity Regulatory Commission (CERC) - in enabling a dynamic and sustainable power market," MCX said in a statement Friday, announcing the development. Also Read | Bhagyashree's Husband Himalay Dassani Finally Goes Down on One Knee To Propose to the Actress (See Pics). The electricity derivatives contracts to be introduced by MCX will ...Read More >
New Delhi: Chief minister Rekha Gupta on Sunday said authorities cannot go against demolition orders issued by courts and stressed that displaced residents have been provided accommodation.Her words came in the wake of the recent Madrasi Camp demolition for which the opposition Aam Aadmi Party (AAP) has criticised her. AAP has targeted Gupta, and alleged that the displaced Madrasi Camp residents were provided homes in faraway Narela, and those lack basic amenities.Attending an event to mark the construction of a Jan Sewa camp at a slum cluster in the Haiderpur area, Gupta told reporters: "In t ...Read More >
June 30 (Reuters) - Futures tracking the S&P 500 and Nasdaq touched record highs on Monday, as optimism over U.S. trade negotiations with its key partners helped support upward momentum in markets. Shares of technology heavyweights rose premarket after Canada scrapped its digital services tax targeting U.S. tech firms, just hours before it was due to take effect, in a bid to advance stalled trade negotiations with the United States. Shares of Amazon (AMZN.O), opens new tab, Meta Platforms (META ...Read More >
New Delhi, Jul 4 (PTI) Shares of stockbroking firms such as Nuvama Wealth, Angel One, leading stock exchange BSE, and depository CDSL saw sharp declines on Friday amid concerns of potential business impact following a regulatory crackdown. Markets regulator Sebi has barred US-based Jane Street Group from the securities markets and directed the group to disgorge unlawful gains of ₹4,843 crore for allegedly manipulating stock indices through positions taken in derivatives segment. This could be the highest disgorgement amount ever directed by the Securities and Exchange Board of India (Sebi). ...Read More >
NewsVoir Pune (Maharashtra) [India], July 7: The Bajaj Finserv Small Cap Fund is an open ended equity scheme predominantly investing in small cap stocks. It is an equity fund that invests in companies in their early stage of business growth. These companies rank 251st and beyond on the share market in terms of market capitalisation as per SEBI guidelines and they often operate in niche market sectors. As the Bajaj Finserv Small Cap Fund NFO nears its end, this can be a potentially suitable opportunity for you to explore the small cap space. Let's explore how the Bajaj Finserv Small Cap Fund ...Read More >
MUMBAI (Reuters) -The Indian rupee is expected to open lower on Wednesday, tracking declines in most other Asian currencies and equities amid renewed worries over U.S. President Donald Trump's tariffs. The 1-month non-deliverable forward indicated a open in the 85.62-85.64 range, versus 85.52 on Tuesday. The rupee has been largely range bound in recent sessions, holding between the key support zone at 85.90-86.00 and resistance near 85.30. "Both of these levels are difficult to break," a currency trader at a bank said. "You'll likely have to wait until July 9 for a decisive move, and that's ...Read More >
Mumbai: Capital market regulator Securities and Exchange Board of India (SEBI) on Wednesday issued a circular stating that it will open a special window only for re-lodgement of transfer deeds, lodged before April 1, 2019 deadline, and were either returned, rejected or not attended due to deficiency in the documents or other reasons. The window will be open for 6 months-starting from July 7, 2025, to January 6, 2026. During this period, the securities that are re-lodged for transfer shall be issued only in demat mode, said SEBI. "In order to facilitate ease of investing for investors and to ...Read More >
NEW DELHI: Signalling the government's intent to move ahead with the impeachment motion of Allahabad High Court judge Justice Yashwant Varma, Union Minister Kiren Rijiju on Thursday said that main opposition parties have given their in-principle approval to support the motion in the upcoming monsoon session scheduled for July21-August 21. Rijiju said that the government is yet to decide whether the motion would be brought in the Lok Sabha or the Rajya Sabha. For the Lok Sabha, signatures of a minimum 100 MPs is required. The requirement is the support of at least 50 MPs in the Rajya Sabha. H ...Read More >
New Delhi, Jul 4 (PTI) The strategy was straightforward - aggressively buy select Bank Nifty index stocks in the morning and sell them just as forcefully later in the day, triggering a sharp drop in share prices. While this often resulted in losses on the stock trades, the firm profited heavily from large parallel short positions in index options, which gained value as the market declined. US trading firm Jane Street, which started its India operations in December 2020, is said to have made Rs 36,671 crore in alleged "egregious" market manipulation between January 2023 and March 2025 on its I ...Read More >
Mumbai, Jul 4 (PTI) Benchmark indices Sensex and Nifty ended higher on Friday in a highly volatile trade amid a buying rush in banking and other bellwether stocks on the back of a rally in the US markets. After oscillating between highs and lows in intra-day trade, the 30-share BSE Sensex ended 193.42 points or 0.23 per cent higher at 83,432.89. During the day, it hit a high of 83,477.86 and a low of 83,015.83, gyrating 462.03 points. The 50-share NSE Nifty inched up by 55.70 points or 0.22 per cent to 25,461. From the Sensex firms, Bajaj Finance, Infosys, Hindustan Unilever, ICICI Bank, HC ...Read More >
New Delhi, January 27: The Supreme Court has upheld an order passed by the apex court registry in August 2024 refusing to admit a lawyer's application seeking direction to SEBI to submit its conclusive probe report into the Adani-Hindenburg controversy. Advocate Vishal Tiwari had moved an appeal against the order passed by the Registrar on August 5 last year. Earlier on July 15, 2024, the top court had dismissed a review petition filed against its earlier verdict refusing to form any SIT or group of experts to conduct an investigation. After perusing the review petition, a bench, headed by th ...Read More >
Mumbai: The Multi Commodity Exchange of India (MCX) has received approval from the Securities and Exchange Board of India (Sebi) to launch electricity derivatives, according to a regulatory filing on the BSE. These contracts -- linked to the price of electricity -- will allow power generators, distribution companies, and large consumers to hedge against price volatility and manage risks more effectively. "The electricity derivatives contracts will enhance efficiency in the power market," MCX said in its filing. The launch marks the resolution of a long-standing jurisdictional tussle over the ...Read More >
Mumbai, July 4 (SocialNews.XYZ) The Securities and Exchange Board of India (SEBI) has barred US trading entity Jane Street and three of its related entities from accessing the market, directing them to deposit illegal gains of Rs 4,843.5 crore in an account in favour of the markets regulator. In its order, the regulator has also directed a debit freeze on the bank accounts of these entities, which include JSI2 Investments Private Ltd, Jane Street Singapore Pte. Ltd and Jane Street Asia Trading Ltd. According to the SEBI order, Jane Street earned Rs 43,289.33 crore in profits through trading ...Read More >