Goldman Sachs Offloads Eternal Shares Worth ₹169 Crore in Block Deal
Yes Bank Faces Significant Capital Reduction After Supreme Court Reverses ₹6,600 Cr AT1 Bond Write-Down
Traders Union: India's Economy Faces Dual Challenge of Sustaining Growth Amid High Inflation
IRDAI Chief: New Commission Norms Won't Disrupt Insurance Business Models
Singapore Grapples with Severe Haze; PM Wong Warns of Action Amid Disruptions
Indian IT Stocks Drive Dalal Street Rally Amid Global AI Slowdown
Market Overview
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View allThe Supreme Court has reversed the earlier write-down of over $800 million (approximately ₹6,600 crore) in Yes Bank's Additional Tier-1 (AT1) bonds. This ruling could significantly lower the bank's Common Equity Tier-1 (CET1) capital ratio to 11-11.5%, impacting its financial standing.
Interest rates, fees and eligibility for banking products are set by the respective banks and change frequently — verify the current terms with the provider before applying. Some listings may be sponsored. Not financial advice.
Insurance Insights
View allThe Insurance Regulatory and Development Authority of India (IRDAI) chief has stated that upcoming commission norms are not intended to disrupt the existing business models of insurance companies. This reassurance aims to allay concerns within the industry regarding potential changes to agent incentives and product pricing structures.
Insurance is subject to policy terms, waiting periods, exclusions and IRDAI regulations. Read the policy wording and consult the insurer before buying. Insurance is the subject matter of solicitation. Some listings may be sponsored.
IPO Watch
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IPOBreakingJio Platforms IPO: Grey Market Premium Hits ₹225 Ahead of October 21 Launch
Jio Platforms is set to open its much-anticipated IPO on October 21, with the grey market already showing strong interest. The Grey Market Premium (GMP) has climbed to ₹225, signaling positive investor sentiment before the official price band is announced.
BreakingGoldman Sachs Offloads Eternal Shares Worth ₹169 Crore in Block Deal
Global financial giant Goldman Sachs has sold 53.4 lakh shares of Indian foodtech company Eternal for approximately ₹169 crore through a significant block deal. This transaction marks a notable shift in the shareholding structure of Eternal, impacting its market presence.
BreakingYes Bank Faces Significant Capital Reduction After Supreme Court Reverses ₹6,600 Cr AT1 Bond Write-Down
The Supreme Court has reversed the earlier write-down of over $800 million (approximately ₹6,600 crore) in Yes Bank's Additional Tier-1 (AT1) bonds. This ruling could significantly lower the bank's Common Equity Tier-1 (CET1) capital ratio to 11-11.5%, impacting its financial standing.

Traders Union: India's Economy Faces Dual Challenge of Sustaining Growth Amid High Inflation
India's economy is grappling with the significant challenge of maintaining its rapid growth momentum while simultaneously battling persistent high inflation, according to an observation by Traders Union. This dual pressure creates a complex environment for policymakers and impacts the financial stability of ordinary citizens.
BreakingIRDAI Chief: New Commission Norms Won't Disrupt Insurance Business Models
The Insurance Regulatory and Development Authority of India (IRDAI) chief has stated that upcoming commission norms are not intended to disrupt the existing business models of insurance companies. This reassurance aims to allay concerns within the industry regarding potential changes to agent incentives and product pricing structures.

Singapore Grapples with Severe Haze; PM Wong Warns of Action Amid Disruptions
Singapore is currently experiencing severe haze conditions, significantly disrupting daily life and local businesses. Authorities are implementing protective measures and issuing public warnings to mitigate the impact. Prime Minister Wong has issued a stern warning of potential action to address the persistent environmental challenge.
BreakingIndian IT Stocks Drive Dalal Street Rally Amid Global AI Slowdown
Indian IT sector stocks are currently propelling the domestic stock market higher, even as global enthusiasm for AI-driven investments appears to be waning. This indicates a notable divergence in market performance and investor sentiment between India and global tech markets.
BreakingMaruti Suzuki Wins ₹13,000 Crore Tax Dispute at ITAT
Maruti Suzuki India Ltd has received a significant financial boost after the Income Tax Appellate Tribunal (ITAT) ruled in its favour in a major tax dispute. This favourable decision is expected to have a positive impact of approximately ₹13,000 crore on the automotive giant.
BreakingSupreme Court Orders Yes Bank to Repay ₹8,415 Crore AT1 Bonds
The Supreme Court has upheld the Bombay High Court's decision, mandating Yes Bank to repay ₹8,415 crore in Additional Tier-1 (AT1) bonds. These bonds were controversially written off during the bank's restructuring in 2020. The ruling confirms that the administrator lacked the authority to write down these securities, obligating Yes Bank to repay the bondholders along with accrued interest.
Mutual fund data is sourced from AMFI and shown for information only — funds are subject to market risks. Read all scheme-related documents carefully. Some listings may be sponsored. Not investment advice.
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