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New Delhi, Apr 9 (PTI) Silver prices retreated by Rs 2,895 to Rs 2.37 lakh per kilogram in futures trade on Thursday, tracking weak global trends and profit booking after recent gains. On the Multi Commodity Exchange, the white metal for May delivery declined by Rs 2,895, or 1.21 per cent, to Rs 2,37,023 per kilogram in a business turnover of 5,793 lots. Analysts said silver witnessed selling pressure following a sharp rally triggered by easing geopolitical tensions in West Asia. Silver saw a ...Read More >
New Delhi, April 9, 2026: Axis Max Life Insurance Limited ("Axis Max Life" / "Company"), formerly known as Max Life Insurance Company Limited, has secured the top position in the Hansa Research Customer Experience Study (CuES) 2026, ranking #1 among Indian life insurers with a Net Promoter Score (NPS) of 61. Conducted by Hansa Research, a full-service global market research agency conducting research in over 100 countries, the study captures insights from over 3,500 customers across 12 life insu ...Read More >
Pension fund regulator PFRDA has launched the second proof of concept (POC) of 'NPS Swasthya', an initiative aimed at integrating retirement planning with healthcare funding, PTI reported.The Pension Fund Regulatory and Development Authority (PFRDA) said the National Pension System (NPS) Swasthya is a multi-partner framework designed to provide financial and health security.Under the initiative, Medi Assist Healthcare Services will act as the core technology partner, CAMS KRA will handle onboard ...Read More >
Bengaluru, Apr 8 (PTI) Pension fund regulator PFRDA has launched the second "Proof of Concept (POC) of NPS Swasthya", an initiative intended to provide healthcare funding along with retirement planning. According to a statement, PFRDA said the National Pension System (NPS) Swasthya is a multi-partner initiative structured to provide comprehensive financial and health security. The Pension Fund Regulatory and Development Authority (PFRDA) serves as the regulatory authority. The Medi Assist Heal ...Read More >
New Delhi, April 8, 2026: Axis Max Life Insurance Limited ("Axis Max Life" / "Company"), formerly known as Max Life Insurance Company Limited, has secured the top position in the Hansa Research Customer Experience Study (CuES) 2026, ranking #1 among Indian life insurers with a Net Promoter Score (NPS) of 61. Conducted by Hansa Research, a full-service global market research agency conducting research in over 100 countries, the study captures insights from over 3,500 customers across 12 life insu ...Read More >
New Delhi [India], April 8: Axis Max Life Insurance Limited ("Axis Max Life" / "Company"), formerly known as Max Life Insurance Company Limited, has secured the top position in the Hansa Research Customer Experience Study (CuES) 2026, ranking #1 among Indian life insurers with a Net Promoter Score (NPS) of 61. Conducted by Hansa Research, a full-service global market research agency conducting research in over 100 countries, the study captures insights from over 3,500 customers across 12 life in ...Read More >
NewsVoir New Delhi [India], April 8: Axis Max Life Insurance Limited ("Axis Max Life" / "Company"), formerly known as Max Life Insurance Company Limited, has secured the top position in the Hansa Research Customer Experience Study (CuES) 2026, ranking #1 among Indian life insurers with a Net Promoter Score (NPS) of 61. Conducted by Hansa Research, a full-service global market research agency conducting research in over 100 countries, the study captures insights from over 3,500 customers across ...Read More >
Mumbai, Apr 6 (PTI) The Congress on Monday hit out at the Shiv Sena (UBT) over the latter's accusation that the grand old party was using regional outfits as "crutches", and not treating them as "equal stakeholders" in the Opposition alliance. Maharashtra Congress spokesperson Sachin Sawant criticised the editorial in the Sena (UBT) mouthpiece 'Saamana', alleging that the newspaper's executive editor, MP Sanjay Raut, appears confused on several occasions between his roles as a politician and jo ...Read More >
MUMBAI, April 6 (Reuters) - The Reserve Bank of India's tightening of foreign exchange rules will help shield the rupee from pressures emanating from offshore markets, but traders may continue drawing pricing signals from those markets, a senior Axis Bank official said. A 4.5% fall in the Indian rupee since the breakout of the Iran war prompted the central bank to impose a cap on banks' net open FX positions in the onshore markets in late March. The RBI also barred lenders from offering non-de ...Read More >
The Indian IPO market is witnessing a remarkable surge in preliminary filings, with 38 companies submitting papers to SEBI in March 2026, signalling robust issuer confidence and strategic regulatory compliance despite prevailing market volatility. Illustration: Dominic Xavier/Rediff.com Key Points A total of 38 companies filed preliminary IPO papers with SEBI in March 2026, a sharp increase from previous years, indicating improved issuer sentiment and regulatory considerations. High-profile com ...Read More >
Mumbai: India's IPO market is showing strong signs of revival, with 38 companies filing their draft papers in March 2026. This is a big jump compared to 22 filings in March 2025 and just 16 in March 2024, according to Securities and Exchange Board of India data. The surge indicates that companies are preparing to enter the stock market, even though global uncertainties and market volatility continue. Big Names in the Pipeline Several well-known companies are part of this growing IPO pipeline. ...Read More >
Bangalore : Axis Bank, one of the largest private sector banks in India, today announced the launch of the Registered Mobile Number update journey via Aadhaar Face Authentication on its Mobile Banking app. With this introduction, Axis Bank becomes the first among India's leading banks to implement UIDAI's Aadhaar Face Authentication service as a Do It Yourself (DIY) digital journey for updating registered mobile numbers. This newly launched solution allows customers to update their registered m ...Read More >
Mumbai: India's main stock indices crashed over 2% on Monday as overseas investors continued their stampede for the exit amid mounting tensions in West Asia, sticky crude prices and a fresh drop in the rupee to record lows, intensifying risk-off sentiment. The BSE Sensex fell 1,635.67 points, or 2.2%, to close at 71,947.55, while the Nifty 50 declined 488.20 points, or 2.1%, to settle at 22,331.40. The sell-off wiped out ₹9.41 lakh crore in market capitalisation on Monday. In the entire FY26, S ...Read More >
MUMBAI: Structural and regulatory reforms, lower borrowing costs, accelerated capital formation, benign inflation and a cyclical boost from policy easing, will help the economy gain more momentum in FY27 clipping at 7.5% according to a private forecast. According to Neelkanth Mishra, the chief economist at Axis Bank and head of research at Axis Capital, the economy can sustain above-trend growth without inflationary pressures given economic slack and he told reporters here Tuesday that he expect ...Read More >
MUMBAI: Structural and regulatory reforms, lower borrowing costs, accelerated capital formation, benign inflation and a cyclical boost from policy easing will help the economy gain more momentum in FY27, growing at 7.5% according to a private forecast. According to Neelkanth Mishra, the chief economist at Axis Bank and head of research at Axis Capital, the economy can sustain above-trend growth without inflationary pressures given economic slack. He told reporters here Tuesday that he expect th ...Read More >
New Delhi [India], December 16 (ANI): In Financial Year 2027, the monetary easing is set to drive the above-trend growth of 7.5% amid the expectations of continuous fiscal tightening, said India Market Outlook 2026 Report by Axis Capital on Tuesday. "We expect the monetary easing to drive above-trend growth of 7.5%. Fiscal tightening is expected to continue, though it would be much slower at 20 bps, but the revival in credit growth in response to much easier monetary conditions is a significant ...Read More >
Kolkata, Dec 5 (PTI) The RBI's decision to cut repo rate by 25 basis points drew a positive response from market participants, with the move set to support growth, improve liquidity conditions and help ease pressure on yields. Announcing the fifth bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has unanimously decided to cut the short-term lending rate or repo rate by 25 basis points to 5.25 per cent with a neutral stance. ...Read More >
Bangalore : Axis Mutual Fund, one of India's leading asset management companies, today announced the launch of the Axis Income Plus Arbitrage Passive FOF, an innovative open-ended scheme designed to offer investors a blend of stability, predictability, and tax efficiency. The New Fund Offer (NFO) will open for subscription on Oct 28, 2025, and close on Nov 11, 2025. The fund is managed by Devang Shah (Head - Fixed Income), Aditya Pagaria (Senior Fund Manager), Hardik Satra (Senior Fund Manager), ...Read More >
Netcore Cloud Strengthens Global Leadership with Strategic Hires in Strategy, Sales, and Marketing Netcore Cloud Logo 3 min read Last Updated : Oct 23 2025 | 1:00 PM IST PRNewswire Mumbai (Maharashtra) [India], October 23: Netcore Cloud, a leading agentic marketing platform, today announced three strategic appointments to accelerate its international growth and strengthen its leadership in Agentic Marketing. The company has named Vassil Mladjov as SVP, Agentic AI and Strategy, Deepthi Nagar ...Read More >
The fund is open for subscription under a New Fund Offer (NFO) till October 26, at ₹10 per unit.Axis Max Life Insurance has launched the Axis Max Life India Consumption Opportunities Fund, an actively managed equity fund aimed at tapping into India's growing domestic consumption economy. The fund is open for subscription under a New Fund Offer (NFO) till October 26, at ₹10 per unit. It will be available exclusively through select Axis Max Life unit-linked insurance plans, including the Flex ...Read More >
New Delhi [India], October 16: Axis Max Life Insurance Limited ("Axis Max Life" / "Company"), formerly known as Max Life Insurance Company Limited, has introduced the Axis Max Life India Consumption Opportunities Fund (ULIF03807/10/25INDIACONSU104)- an actively managed equity fund designed to allow policyholders to benefit from the growth of India's domestic consumption economy. The fund will be available for subscription during its New Fund Offer (NFO) period from October 14, 2025, to October 2 ...Read More >
Paytm upgraded to 'Buy' by Axis Capital as credit-linked payments, stabilising merchant revenue, and tight cost control drive growth; FY27-28 EBITDA estimates raised 33-46%, with a Rs 1,500 price target implying 20% upside amid robust digital finance expansion. Axis Capital upgraded One 97 Communications, the parent company of Paytm, to a 'buy' rating, citing accelerating profitability driven by stabilising merchant payments, rising credit-linked payment products, and tight cost control. The br ...Read More >
New Delhi, Oct 1 (SocialNews.XYZ) Economists and industry experts said on Wednesday said that amid a major demand push after the reduction in the GST rates, the RBI has adopted a cautious approach of holding the repo rate at 5.5 per cent. "It will also help navigate the global uncertainties and choppy waters. With low inflation and steady policies, corporates can plan their finances carefully and invest wisely," said Srinivasan Vaidyanathan, Operating Partner, Essar Capital. "While this stance ...Read More >
Mumbai: LG Electronics India Ltd, the wholly owned subsidiary of LG Electronics Inc., is preparing to tap the public markets even as it sharpens its focus on meeting domestic demand, building India as a global export hub, and expanding its portfolio of premium products. LG Electronics Inc. will raise ₹11,607 crore by selling 101.8 million shares through an offer for sale (OFS). The initial public offering (IPO), scheduled for 7-9 October, will see the South Korean parent firm sell about 15% of ...Read More >
Mumbai: LG Electronics will raise ₹11,500 crore through an IPO that will be open for subscription from October 7, according to the red herring prospectus (RHP). The issue, which will close on October 9, will comprise an offer for sale of 10.18 crore shares by the Korean parent, amounting to 15% of the company's equity. On September 8, ET had reported that LG Electronics planned to launch its IPO in October. Morgan Stanley India, JP Morgan India, Axis Capital, BofA Securities India, and Citigro ...Read More >
New Delhi, Sep 30 (PTI) Pharmaceutical company Virupaksha Organics has filed preliminary papers with capital markets regulator Sebi to raise Rs 740 crore through an initial public offering (IPO). The proposed IPO of the Hyderabad-based company is entirely a fresh issue of equity shares, according to the draft red herring prospectus (DRHP) filed on Monday. The company may consider raising Rs 148 crore in a pre-IPO placement round. If such placement is undertaken, then the issue size will be red ...Read More >
New Delhi, Sep 29 (PTI) Homegrown Premier Energies on Monday announced securing multiple solar contract worth USD 19.95 million (around Rs 177 crore) Republic of Benin, West Africa. These projects are part of a national initiative by the Government of Benin to expand access to reliable, sustainable clean energy, Premier Energies said in a statement. Implementation will be carried out by Premier Energies in collaboration with the General Directorate of Energy Planning and Rural Electrification, ...Read More >
Bengaluru - Indo MIM Limited, world's largest manufacturer of precision engineering components using metal injection molding (MIM) technology (as per a F&S report) has filed the draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise funds through an initial public offering (IPO). According to the DRHP, the proposed IPO of the Bengaluru-headquartered company combines a fresh issue of equity shares aggregating up to Rs. 1,000 crore with an offer for sale (OFS) of up to 1 ...Read More >
Mumbai: Axis Mutual Fund's former fund manager Deepak Agrawal has settled a case of professional misconduct with market regulator Sebi by paying ₹85.8 lakh as settlement amount. The settlement terms also involved the clawback of over 43,300 mutual fund units allotted to Agrawal. These units were redeemed and the amount was credited to Axis Quant Fund and Axis Value Fund, Sebi said. The case stems from an inspection Sebi had conducted covering governance-related aspects of Axis Mutual Fund thr ...Read More >
MUMBAI: Former Axis MF fund manager Deepak Agrawal has settled a regulatory case with Sebi by paying Rs 85.8 lakh and surrendering over 43,000 units. The case related to charges of financial misconduct, including sharing stock tips, passing on trading information, and failing to disclose directorships, which Sebi said amounted to violation of MF regulations. TNN ...Read More >
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