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Edelweiss MF files draft papers for Altiva Hybrid Long-Short Fund under SIF platform

Mumbai, Sept. 11 -- Edelweiss Mutual Fund has filed draft papers with SEBI to launch Altiva Hybrid Long-Short Fund, India's first hybrid Specialized Investment Fund (SIF). The fund will follow a hybri... Read More


Outward Foreign Direct Investment slips 38% on year in Aug-25

Mumbai, Sept. 11 -- According to the latest data on the summary of Outward Foreign Direct Investment (OFDI) from the Reserve Bank of India (RBI), the total financial commitment from India stood at USD... Read More


ACME solar gains after arm secures Rs 3,892-cr SBI funding for FDRE project in Rajasthan

Mumbai, Sept. 11 -- The funds will be used for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project located in Barmer, Rajasthan. The repayment of the loa... Read More


Kalpataru Projects gains on bagging contracts worth Rs 2,720 crore

Mumbai, Sept. 11 -- The company has secured significant new orders across its core business segments in both domestic and international markets. In the Power Transmission & Distribution (T&D) segment,... Read More


Euro stays cautious ahead of ECB decision; EURINR futures jump above 103 mark

Mumbai, Sept. 11 -- Euro is staying cautiously lower against the dollar ahead of ECB interest rate decision lined up for the day. The European Central Bank is expected to maintain the Main Refinancing... Read More


Euro stays cautious ahead of ECB decision; EUR/INR futures jump above 103 mark

Mumbai, Sept. 11 -- Euro is staying cautiously lower against the dollar ahead of ECB interest rate decision lined up for the day. The European Central Bank is expected to maintain the Main Refinancing... Read More


Yen steadies near 147.46 as eyes turn to US inflation

Mumbai, Sept. 11 -- The Japanese yen held firm around 147.46 per dollar today, as investors awaited key us inflation data that could prompt deeper Federal Reserve rate cuts. US producer prices unexpec... Read More


CarTrade Tech drops about 15% in two days

Mumbai, Sept. 11 -- The selloff was sparked after a domestic brokerage downgraded the stock to sell from hold, even as it raised the price target to Rs 2,350 from Rs 1,900. The broker flagged rich val... Read More


Biocon inaugurates first U.S. manufacturing facility in New Jersey

Mumbai, Sept. 11 -- The company had acquired the Oral Solid Dosage (OSD) facility from Eywa Pharma Inc. in 2023 and has since invested over $30 million to establish a state-of-the-art plant with an an... Read More


US treasury reports elevated demand for $39 billion worth of ten-year bond auction

Mumbai, Sept. 11 -- The US Treasury Department on Wednesday reported that this month's auction of $39 billion worth of ten-year notes also attracted above average demand. The ten-year note auction wit... Read More