‘Trump trying to break us, should never forget….’: Mark Carney tells Canadians in Liberal Party victory speech

Canadian Prime Minister Mark Carney’s Liberal Party clinched victory in Monday’s federal election, marking a sharp political turnaround driven by a wave of nationalism following provocative threats and trade aggression from US President Donald Trump. The Liberals are projected to win 167 seats—five short of a majority in the 343-member House of Commons—but will remain…

New IPO: Canara HSBC Life Insurance files DRHP with SEBI; Canara Bank, PNB, others to offload stake in OFS, details inside

Canara HSBC Life Insurance Company Limited has filed its draft red herring prospectus (DRHP) with the market regulator, Securities and Exchange Board of India (SEBI), for an Initial Public Offering (IPO). IPO details This is an offer for sale (OFS). The company will not get any proceeds from IPO.  Under the OFS, Canara Bank, HSBC…

BPCL Q4 FY25 Results Preview: Profit may fall 44% to Rs 2,606 crore sequentially; $6.5/bbl GRM expected

BPCL Q4 FY25 Results Preview: Bharat Petroleum Corp Ltd (BPCL), an oil marketing PSU, is set to report its financial results on Tuesday, April 29. Analysts expect the oil marketing company to stage a weak financial performance for the final three months of the financial year 2024-25 amid weakness in margins.  BPCL Q4 FY25 Earnings Preview:…

Ather Energy IPO: ‘High risk, high reward bet for long-term investors,’ says Anil Singhvi

The much-anticipated Ather Energy IPO has created a buzz in the market, but Market Guru Anil Singhvi has advised retail investors to tread cautiously. According to Singhvi, while the company shows strong growth potential in the electric vehicle (EV) segment, it is still two years away from full profitability. “This IPO is more suitable for institutional…

Sebi bars stock broker over ‘order spoofing’ scam

India’s first big spoofing case: In the country’s biggest spoofing case, the market watchdog Securities and Exchange Board of India (SEBI) on Monday debarred broking firm Patel Wealth Advisors (PWA) and its four directors from trading in the securities market for alleged order spoofing. The entity has been accused of realising illicit profit amounting to Rs 3.22 crore through spoofing in…

Banks to remain closed for three consecutive days from April 29 to May 1; check details

Banks across India will remain closed for three consecutive days from April 29 to May 1, 2025, on account of various regional festivals and public holidays. Customers are advised to plan their banking activities accordingly. Despite the closures, digital services like net banking, mobile banking, and ATM facilities will continue to remain operational. The list…