Sebi has allowed investment advisers and research analysts to use liquid mutual funds and overnight mutual funds for meeting their mandatory deposit requirements, providing an alternative to scheduled bank deposits.
IRCTC posted an 8% YoY rise in Q1 FY26 net profit to Rs 331 crore, driven by internet ticketing and tourism growth, despite sequential declines and mixed segment performance.
Billionaire SpaceX, Tesla and X owner Elon Musk says he plans to sue Apple for not featuring X and its Grok artificial intelligence chatbot app in its top recommended apps in its App Store.
Domino's India operator Jubilant Foodworks beat first-quarter profit estimates by a wide margin on Wednesday as lower-priced menu items and free deliveries bolstered demand even as other fast-food franchisees struggled.
Muthoot Finance witnessed a significant profit increase in the first quarter. The gold loan financier's profit surged by 90%. This growth was fueled by higher gold prices and increased loan demand. Loan assets under management also rose considerably. The company plans to invest in its subsidiaries, Muthoot Money and Muthoot Homefin.