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Hinduja group s IIHL to raise stake in IndusInd Bank in multiple tranches

IIHL, an investment arm of the Hinduja brothers, aims to improve valuation of its investment to $50 billion by 2030. IIHL has already received RBI nod to raise its state in IndusInd Bank to 26%. The investment arm also plans to grow life and non-life businesses, start its health insurance operations and will retain Reliance Securities and ARC businesses.

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News Wrap: Covishield Side Effects, Google Fires Python Team, Rahul Gandhi s Nomination From Raebareli And More

News Wrap: Covishield Side Effects, Google Fires Python Team, Rahul Gandhi s Nomination From Raebareli And More
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

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Indian investors should think about bond investments, say experts; here s why

SEBI s move to reduce the face value of debt securities from ₹1 lakh to ₹10,000 has made bonds more accessible to retail investors, potentially increasing their involvement in the corporate bond market and improving liquidity.

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Harsh Goenka: D-Street Scam? Harsh Goenka warns of Harshad Mehta-era scam amid booming markets

RPG Group Chairman Harsh Goenka has raised alarm over a resurgence of stock market malpractices akin to the Harshad Mehta/Ketan Parekh era, particularly in Kolkata. He expressed concerns about promoters inflating profits and colluding with brokers to artificially boost stock prices to unsustainable levels. Goenka urged SEBI and the Finance Ministry to step in and investigate to protect small investors from potential losses. The warning follows a significant market decline, with the BSE Sensex and NSE s Nifty both experiencing sharp drops.

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harsh goenka on trading malpractices: All malpractices of Harshad Mehta, Ketan Parekh era back via Kolkata: Harsh Goenka

He also appealed markets regulator Sebi and the Finance Ministry to step in and investigate before small investors suffer severe losses. Earlier in March, Sebi chief Madhabi Puri Buch had openly raised the issue of froth building up in smallcaps and midcaps and also said there are signs of price manipulation in the equity market.

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