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Apart from the Zudio stores, the Tata Group company will also add 30 Westside, and 10 Samoh stores this year, for a total investment of ₹800 crore, it said in its annual general meeting on Monday. The company also has Zara, Star Bazaar and Landmark stores in its fold.

Nearly $172 million exited from global exchange-traded products tracking everything from Bitcoin to Cardano in the first six months of 2023 amid an industry wide rally, following outflows of just $37 million in 2022. That compares to record cash inflows of nearly $10 billion in 2021 and $6.7 billion in 2020, Bloomberg data show.

Listing the key lessons of the post Covid years, Das said that being proactive and nimble footed during a crisis gave RBI the agility to respond speedily to evolving developments.

The matter, along with another appeal, will be further considered and argued on August 3, 2023. JP Sen, Senior Advocate, represented Sahara Life in the proceedings, the spokesperson said.

The show-cause notice was issued to the Jijinas, and to their associate Greatdeal Finconsult, in May. A probe by Sebi between April 2018 and May 2019 showed that Khushru Jijina, in his capacity as managing director of Piramal Capital Housing Finance (PCHFL), was aware of unpublished sensitive price information (UPSI) relating to the listed entity, said a person familiar with the matter.

After testing a lifetime high of ₹100,439.95 intraday, the shares closed nearly 1% higher at ₹99,900.00 on the NSE. The stock closed higher for the third consecutive session on Tuesday, and have clocked in gains of over 20% over a three-month period, and nearly 46% over a 52-week period.

The central bank has raised interest rates by 500 basis points, taking them to the highest level in almost 17 years since March last year. The CME Fedwatch tool suggests there is an 82% probability of the central bank leaving its target range unchanged. While a pause has already been factored into the markets, the outlook for rate trajectory in the ensuing months will be pivotal.

The Securities and Exchange Board of India (SEBI) has laid out new regulations which will require providers of execution-only platforms for direct plans of mutual funds to register before offering services. The regulations aim to maintain a balance between investor convenience and protection, and will come into force on 1 September. The structure will consist of two categories of registration: Category 1 for EOPs that act as agents of asset management companies registered with AMFI, and Category 2 for EOPs that act as investor brokers.

Mutual funds were net buyers in Indian equities during the month, adding stocks worth Rs 2,447 crore compared to selling Rs 4,533 crore worth of shares in April. Two private banks, ICICI Bank and HDFC Bank, remain among the top holdings of the top five AMCs including SBI Mutual Fund, ICICI Pru AMC, HDFC Mutual Fund, Nippon Mutual Fund, and UTI Mutual Fund.​

Discover the impressive performance of 10 large-cap stocks, filtered by market capitalization, that are currently trading near their 52-week highs. This engaging and informative article offers insights into each company, aiding potential investors in making informed decisions