Must Read

SEBI’s Cut Mutual Fund Expense Ratio: What Lower Costs Mean for Investors

/ Indian Market, Must Read /

The Securities and Exchange Board of India (SEBI) has made investing cheaper and more transparent for retail investors by reducing mutual fund base expense ratios. While the cut, ranging from 10 to 15 basis points (bps), may seem minor, it significantly impacts an investor’s long-term savings by ensuring more capital remains invested and compounds over […]

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Data Patterns DRDO

Data Patterns Rise 6% on DRDO Project Approval; Six Other Winners Announced

/ Indian Market, Must Read /

Data Patterns (India) saw its shares surge by over 6% following the Defence Research & Development Organisation (DRDO) sanctioning a new project under the Technology Development Fund (TDF) scheme. The Chennai-based company has been tasked with developing a Radar Signal Processor. DRDO has awarded a total of seven projects focused on the aerospace and defense

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SBI Raises Rs 10,000 Crore

SBI Raises Rs 10,000 Crore at 7.36% Coupon Through 15-Year Infra Bonds

/ Indian Market, Must Read /

The State Bank of India (SBI), the country’s largest lender, has successfully raised Rs 10,000 crore through 15-year infrastructure bonds at a coupon rate of 7.36 percent, the bank announced on Wednesday. This marks SBI’s sixth infrastructure bond issuance in recent months. The latest issue brings SBI’s total outstanding long-term bonds to Rs 59,718 crore.

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RVNL Contract

RVNL Wins ₹202.87-Crore South Eastern Railway Project

/ Indian Market, Must Read /

State-owned Rail Vikas Nigam Ltd (RVNL) has clinched a significant contract worth ₹202.87 crore from the South Eastern Railway. The project, announced on July 9, involves the design, supply, erection, testing, and commissioning of a 132 KV traction substation, sectioning posts (SPs), and sub-sectioning posts (SSPs) in a 2x25KV system along the Kharagpur-Bhadrak section of

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