LIC gets RBI nod to acquire up to 9.99% stake in ICICI Bank
LIC has received RBI approval to acquire up to 9.99 percent of ICICI Bank’s paid-up share capital or voting rights within one year of the September 4 approval.
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https://www.moneycontrol.com/news/business/markets/lic-gets-rbi-nod-to-acquire-up-to-9-99-stake-in-icici-bank-14023323.html
LIC has received RBI approval to acquire up to 9.99 percent of ICICI Bank’s paid-up share capital or voting rights within one year of the September 4 approval.
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https://www.moneycontrol.com/news/business/markets/lic-gets-rbi-nod-to-acquire-up-to-9-99-stake-in-icici-bank-14023323.html
Moneycontrol
LIC gets RBI nod to acquire up to 9.99% stake in ICICI Bank- Moneycontrol.com
LIC has received RBI approval to acquire up to 9.99 percent of ICICI Bank’s paid-up share capital or voting rights within one year of the September 4 approval.
🚨 TCS’ HyperVault to build 1GW AI data centre campus in Hyderabad with up to Rs 70,000 crore investment
At full capacity, the Hyderabad campus is expected to be among the largest and most advanced AI infrastructure facilities in India, TCS said.
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https://www.moneycontrol.com/news/business/tcs-hypervault-to-build-1gw-ai-data-centre-campus-in-hyderabad-with-up-to-rs-70-000-crore-investment-14023332.html
At full capacity, the Hyderabad campus is expected to be among the largest and most advanced AI infrastructure facilities in India, TCS said.
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https://www.moneycontrol.com/news/business/tcs-hypervault-to-build-1gw-ai-data-centre-campus-in-hyderabad-with-up-to-rs-70-000-crore-investment-14023332.html
Moneycontrol
TCS’ HyperVault to build 1GW AI data centre campus in Hyderabad with up to Rs 70,000 crore investment- Moneycontrol.com
At full capacity, the Hyderabad campus is expected to be among the largest and most advanced AI infrastructure facilities in India, TCS said.
8th Pay Commission: Home Rent Allowance Calculator – Can Level 7 employees get up to Rs 40,410 extra HRA per month?
A revision in basic pay could also result in higher allowances, including House Rent Allowance (HRA), which is generally linked to basic pay.
More details 👇
https://www.moneycontrol.com/news/business/personal-finance/8th-pay-commission-home-rent-allowance-calculator-can-level-7-employees-get-up-to-rs-40-410-extra-hra-per-month-14023369.html
A revision in basic pay could also result in higher allowances, including House Rent Allowance (HRA), which is generally linked to basic pay.
More details 👇
https://www.moneycontrol.com/news/business/personal-finance/8th-pay-commission-home-rent-allowance-calculator-can-level-7-employees-get-up-to-rs-40-410-extra-hra-per-month-14023369.html
Moneycontrol
8th Pay Commission: Home Rent Allowance Calculator – Can Level 7 employees get up to Rs 40,410 extra HRA per month?- Moneycontrol.com
A revision in basic pay could also result in higher allowances, including House Rent Allowance (HRA), which is generally linked to basic pay.
Chartist Talk: Nifty 50 likely to break below 23,600-23,500 zone next week? SBI Securities' Sudeep Shah shares stock ideas
Broader technical setup continues to favour the bears. Nifty is trading below its key short and medium-term moving averages, while the 20, 50 and 100-day EMAs have started to slope lower, reflecting weakening price strength, said Sudeep Shah.
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https://www.moneycontrol.com/news/business/markets/chartist-talk-nifty-50-likely-to-break-below-23-600-23-500-zone-next-week-sbi-securities-sudeep-shah-shares-stock-ideas-14023474.html
Broader technical setup continues to favour the bears. Nifty is trading below its key short and medium-term moving averages, while the 20, 50 and 100-day EMAs have started to slope lower, reflecting weakening price strength, said Sudeep Shah.
Read More:
https://www.moneycontrol.com/news/business/markets/chartist-talk-nifty-50-likely-to-break-below-23-600-23-500-zone-next-week-sbi-securities-sudeep-shah-shares-stock-ideas-14023474.html
Moneycontrol
Chartist Talk: Nifty 50 likely to break below 23,600-23,500 zone next week? SBI Securities' Sudeep Shah shares stock ideas- Moneycontrol.com
Broader technical setup continues to favour the bears. Nifty is trading below its key short and medium-term moving averages, while the 20, 50 and 100-day EMAs have started to slope lower, reflecting weakening price strength, said Sudeep Shah.
🚨 Broader markets mixed; midcaps fall 1.5%, smallcaps outperform
IFCI, Welspun Corp, Capri Global Capital, RBL Bank, Brigade Enterprises, Urban Company and Indraprastha Gas were among the major smallcap gainers.
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https://www.moneycontrol.com/news/business/markets/broader-markets-mixed-midcaps-fall-1-5-smallcaps-outperform-14023521.html
IFCI, Welspun Corp, Capri Global Capital, RBL Bank, Brigade Enterprises, Urban Company and Indraprastha Gas were among the major smallcap gainers.
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https://www.moneycontrol.com/news/business/markets/broader-markets-mixed-midcaps-fall-1-5-smallcaps-outperform-14023521.html
Moneycontrol
Broader markets mixed; midcaps fall 1.5%, smallcaps outperform- Moneycontrol.com
IFCI, Welspun Corp, Capri Global Capital, RBL Bank, Brigade Enterprises, Urban Company and Indraprastha Gas were among the major smallcap gainers.
🚨 SBI to hire 12,000 personnel, add 250 branches during FY27: Chairman Setty
SBI had hired 4,640 officers, 19,340 associates, and 1,653 contractual staff in 2025–26, taking the total number of hires to 25,633, as per the bank's annual report for FY26
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https://www.moneycontrol.com/banking/sbi-to-hire-12-000-personnel-add-250-branches-during-fy27-chairman-setty-article-14023579.html
SBI had hired 4,640 officers, 19,340 associates, and 1,653 contractual staff in 2025–26, taking the total number of hires to 25,633, as per the bank's annual report for FY26
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https://www.moneycontrol.com/banking/sbi-to-hire-12-000-personnel-add-250-branches-during-fy27-chairman-setty-article-14023579.html
Moneycontrol
SBI to hire 12,000 personnel, add 250 branches during FY27: Chairman Setty- Moneycontrol.com
SBI had hired 4,640 officers, 19,340 associates, and 1,653 contractual staff in 2025–26, taking the total number of hires to 25,633, as per the bank's annual report for FY26
🔻 Gold has fallen sharply from its recent high. But how unusual is a 10-15% correction?
Gold has seen several double-digit corrections over the years, including during years when it eventually delivered positive returns.
More details 👇
https://www.moneycontrol.com/news/business/personal-finance/gold-has-fallen-sharply-from-its-recent-high-but-how-unusual-is-a-10-15-correction-14022941.html
Gold has seen several double-digit corrections over the years, including during years when it eventually delivered positive returns.
More details 👇
https://www.moneycontrol.com/news/business/personal-finance/gold-has-fallen-sharply-from-its-recent-high-but-how-unusual-is-a-10-15-correction-14022941.html
Moneycontrol
Gold has fallen sharply from its recent high. But how unusual is a 10-15% correction?- Moneycontrol.com
Gold has seen several double-digit corrections over the years, including during years when it eventually delivered positive returns.
🚨 Why is Nike leaving the S&P 100 after 18 years? Experts point to key mistakes and new challenges
As Nike prepares to exit the S&P 100 after 18 years, business leaders, investors and market commentators are debating whether strategic mistakes, rising competition or changing consumer trends are behind the sportswear giant's decline.
More details 👇
https://www.moneycontrol.com/news/trends/why-is-nike-leaving-the-s-p-100-after-18-years-experts-point-to-key-mistakes-and-new-challenges-14023666.html
As Nike prepares to exit the S&P 100 after 18 years, business leaders, investors and market commentators are debating whether strategic mistakes, rising competition or changing consumer trends are behind the sportswear giant's decline.
More details 👇
https://www.moneycontrol.com/news/trends/why-is-nike-leaving-the-s-p-100-after-18-years-experts-point-to-key-mistakes-and-new-challenges-14023666.html
Moneycontrol
Why is Nike leaving the S&P 100 after 18 years? Experts point to key mistakes and new challenges- Moneycontrol.com
As Nike prepares to exit the S&P 100 after 18 years, business leaders, investors and market commentators are debating whether strategic mistakes, rising competition or changing consumer trends are behind the sportswear giant's decline.
🚨 Flood of IPOs: 16 public issues to hit Dalal Street next week, 9 listings scheduled
Including the September issues, the total fundraising through IPOs in the current calendar year has reached nearly Rs 87,900 crore.
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https://www.moneycontrol.com/news/business/ipo/flood-of-ipos-16-public-issues-to-hit-dalal-street-next-week-9-listings-scheduled-14023663.html
Including the September issues, the total fundraising through IPOs in the current calendar year has reached nearly Rs 87,900 crore.
Read More:
https://www.moneycontrol.com/news/business/ipo/flood-of-ipos-16-public-issues-to-hit-dalal-street-next-week-9-listings-scheduled-14023663.html
Moneycontrol
Flood of IPOs: 16 public issues to hit Dalal Street this week, 9 listings scheduled- Moneycontrol.com
Including the September issues, the total fundraising through IPOs in the current calendar year has reached nearly Rs 87,900 crore.
'Collapse for the history books': Nike booted from S&P 100 after 18 years; meet 4 tech stocks taking its place
-Nike removed from S&P 100 after 18 years.
-Four tech stocks replace Nike in S&P 100.
-Nike's market value decline led to its removal.
Read More:
https://www.moneycontrol.com/news/business/markets/collapse-for-the-history-books-nike-booted-from-s-p-100-after-18-years-meet-4-tech-stocks-taking-its-place-14023862.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
-Nike removed from S&P 100 after 18 years.
-Four tech stocks replace Nike in S&P 100.
-Nike's market value decline led to its removal.
Read More:
https://www.moneycontrol.com/news/business/markets/collapse-for-the-history-books-nike-booted-from-s-p-100-after-18-years-meet-4-tech-stocks-taking-its-place-14023862.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
'Collapse for the history books': Nike booted from S&P 100 after 18 years; meet 4 tech stocks taking its place- Moneycontrol.com
The other companies being removed are Honeywell Aerospace, Simon Property Group and Colgate-Palmolive
📈 HUL stock outlook: Brokerages see up to 26% upside as FMCG major sharpens ‘New India’ growth strategy
Brokerages remain largely constructive on Hindustan Unilever’s ‘New India’ growth strategy, citing premiumisation and volume-led growth, even as higher investments and wider margin guidance temper the outlook.
More details
https://www.moneycontrol.com/news/business/markets/hul-stock-outlook-brokerages-see-up-to-26-upside-as-fmcg-major-sharpens-new-india-growth-strategy-14023922.html
Brokerages remain largely constructive on Hindustan Unilever’s ‘New India’ growth strategy, citing premiumisation and volume-led growth, even as higher investments and wider margin guidance temper the outlook.
More details
https://www.moneycontrol.com/news/business/markets/hul-stock-outlook-brokerages-see-up-to-26-upside-as-fmcg-major-sharpens-new-india-growth-strategy-14023922.html
Moneycontrol
HUL stock outlook: Brokerages see up to 26% upside as FMCG major sharpens ‘New India’ growth strategy- Moneycontrol.com
Brokerages remain largely constructive on Hindustan Unilever’s ‘New India’ growth strategy, citing premiumisation and volume-led growth, even as higher investments and wider margin guidance temper the outlook.
Emerging market stocks rally as AI optimism lifts tech shares; Kospi jumps over 3%
-EM equities rallied, boosted by AI optimism.
-Tech stocks led gains; South Korea's Kospi up 3%.
-EM currencies rose; Won strongest in nearly 2 years.
Read More:
https://www.moneycontrol.com/news/business/markets/emerging-market-stocks-rally-as-ai-optimism-lifts-tech-shares-kospi-jumps-over-3-14024023.html
-EM equities rallied, boosted by AI optimism.
-Tech stocks led gains; South Korea's Kospi up 3%.
-EM currencies rose; Won strongest in nearly 2 years.
Read More:
https://www.moneycontrol.com/news/business/markets/emerging-market-stocks-rally-as-ai-optimism-lifts-tech-shares-kospi-jumps-over-3-14024023.html
Moneycontrol
Emerging market stocks rally as AI optimism lifts tech shares; Kospi jumps over 3%- Moneycontrol.com
MSCI’s emerging-market equity index rose as much as 1.4% to its highest since June 26 as technology shares rallied, even as higher oil prices and Fed rate-hike bets pressured other sectors.
Jio Platforms said to start marketing record India IPO next week: Bloomberg
-Jio Platforms to begin investor outreach for IPO.
-Jio Platforms targets November for its IPO.
-IPO could be one of India's largest listings.
Read More ⤵️
https://www.moneycontrol.com/news/business/companies/jio-platforms-said-to-start-marketing-record-india-ipo-next-week-bloomberg-14024568.html
-Jio Platforms to begin investor outreach for IPO.
-Jio Platforms targets November for its IPO.
-IPO could be one of India's largest listings.
Read More ⤵️
https://www.moneycontrol.com/news/business/companies/jio-platforms-said-to-start-marketing-record-india-ipo-next-week-bloomberg-14024568.html
Moneycontrol
Jio Platforms said to start marketing record India IPO next week: Bloomberg- Moneycontrol.com
Deliberations are ongoing and details of the offering, including its size, valuation and timing, could change, the people said.
SEBI gives Angel Funds 7-month breather on accredited investor rule
-SEBI extends deadline for Angel Funds' investor compliance.
-New deadline is March 31, 2027, from Sept 8, 2026.
-Applies to funds registered by September 10, 2025.
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https://www.moneycontrol.com/news/business/markets/sebi-gives-angel-funds-7-month-breather-on-accredited-investor-rule-14024621.html
-SEBI extends deadline for Angel Funds' investor compliance.
-New deadline is March 31, 2027, from Sept 8, 2026.
-Applies to funds registered by September 10, 2025.
Read More ⤵️
https://www.moneycontrol.com/news/business/markets/sebi-gives-angel-funds-7-month-breather-on-accredited-investor-rule-14024621.html
Moneycontrol
SEBI gives Angel Funds 7-month breather on accredited investor rule- Moneycontrol.com
Existing Angel Funds get nearly seven-month extension; can continue offering investment opportunities to up to 200 non-accredited investors during transition
FIIs turn net buyers of Indian equities worth Rs 280 ; DIIs add Rs 567 crore on September 7
-FIIs & DIIs were net buyers of Indian equities Monday.
-Indian indices fell 0.50% on Monday; Nifty below 23,800.
-Brent crude near $97 amid geopolitical uncertainty.
Read More ⤵️
https://www.moneycontrol.com/news/business/markets/fiis-turn-net-buyers-of-indian-equities-worth-rs-280-diis-add-rs-567-crore-on-september-7-14024651.html
-FIIs & DIIs were net buyers of Indian equities Monday.
-Indian indices fell 0.50% on Monday; Nifty below 23,800.
-Brent crude near $97 amid geopolitical uncertainty.
Read More ⤵️
https://www.moneycontrol.com/news/business/markets/fiis-turn-net-buyers-of-indian-equities-worth-rs-280-diis-add-rs-567-crore-on-september-7-14024651.html
Moneycontrol
FIIs turn net buyers of Indian equities worth Rs 280 ; DIIs add Rs 567 crore on September 7- Moneycontrol.com
FIIs bought equities worth Rs 9,581.19 crore and sold Rs 9,301.06 crore. DIIs, meanwhile, bought Rs 13,154.13 crore and sold Rs 12,587.37 crore.
Oil rises as risks of prolonged Mideast conflict heighten supply worries
Read More:
https://www.moneycontrol.com/news/business/commodities/oil-rises-as-risks-of-prolonged-mideast-conflict-heighten-supply-worries-14024731.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Read More:
https://www.moneycontrol.com/news/business/commodities/oil-rises-as-risks-of-prolonged-mideast-conflict-heighten-supply-worries-14024731.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Oil rises as risks of prolonged Mideast conflict heighten supply worries- Moneycontrol.com
Brent crude futures climbed 34 cents, or 0.35%, to $97.34 a barrel by 0000 GMT. U.S. West Texas Intermediate crude was at $92.63 a barrel, up $1.15, or 1.26%.
GDP dominates online interest, ethanol searches pick up
- Indian internet users show interest in economic growth.
- GDP searches surged after 7.8% growth data release.
- Interest in ethanol & E20 petrol is also rising.
More details
https://www.moneycontrol.com/news/business/economy/gdp-dominates-online-interest-ethanol-searches-pick-up-14024783.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
- Indian internet users show interest in economic growth.
- GDP searches surged after 7.8% growth data release.
- Interest in ethanol & E20 petrol is also rising.
More details
https://www.moneycontrol.com/news/business/economy/gdp-dominates-online-interest-ethanol-searches-pick-up-14024783.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
GDP dominates online interest, ethanol searches pick up- Moneycontrol.com
A Moneycontrol analysis of Google Trends data for the week ended September 7 shows that searches for GDP consistently outpaced those for ethanol, E20 and dimagi Naxal
Copper hits all-time high amid tariff turmoil, mine struggles
Benchmark three-month futures on the LME gained as much as 0.8% to reach $14,533 a ton, beating the previous record set in January, before paring some of those advances.
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https://www.moneycontrol.com/news/business/commodities/copper-hits-all-time-high-amid-tariff-turmoil-mine-struggles-14024744.html
Benchmark three-month futures on the LME gained as much as 0.8% to reach $14,533 a ton, beating the previous record set in January, before paring some of those advances.
Read More:
https://www.moneycontrol.com/news/business/commodities/copper-hits-all-time-high-amid-tariff-turmoil-mine-struggles-14024744.html
Moneycontrol
Copper hits all-time high amid tariff turmoil, mine struggles- Moneycontrol.com
Benchmark three-month futures on the LME gained as much as 0.8% to reach $14,533 a ton, beating the previous record set in January, before paring some of those advances.
Bank Nifty falls for third session, trades below 57k; ICICI, Axis Bank top Nifty losers: What lies ahead?
The immediate support is placed at 56,800, followed by 56,620. On the upside, 57,400 serves as key resistance, followed by 57,500, said an analyst
More details
https://www.moneycontrol.com/news/business/markets/bank-nifty-falls-for-third-session-trades-below-57k-icici-axis-bank-top-nifty-losers-what-lies-ahead-14025061.html
The immediate support is placed at 56,800, followed by 56,620. On the upside, 57,400 serves as key resistance, followed by 57,500, said an analyst
More details
https://www.moneycontrol.com/news/business/markets/bank-nifty-falls-for-third-session-trades-below-57k-icici-axis-bank-top-nifty-losers-what-lies-ahead-14025061.html
Moneycontrol
Bank Nifty falls for third session, trades below 57k; ICICI, Axis Bank top Nifty losers: What lies ahead?- Moneycontrol.com
The immediate support is placed at 56,800, followed by 56,620. On the upside, 57,400 serves as key resistance, followed by 57,500, said an analyst