The Press Editor

Mumbai: Shares of Shriram Finance will be in focus when the market opens on Friday, March 26, 2026, as the company has shared an important update related to the issuance of equity shares to investors by way of a preferential issue on a private placement basis. According to information shared with exchanges, the fair trade regulator, the Competition Commission of India (CCI), has approved Japan's Mitsubishi UFJ Financial Group Inc (MUFG) Bank's proposal to acquire a stake in Shriram Finance. The non-banking company said that the proposed transaction was approved by the CII on March 25, 2026. The development came…

Mumbai: State-owned company Indian Renewable Energy Development Agency (IREDA) has announced an interim dividend for its investors. This is a good opportunity for investors looking to make additional profit on their investment. This is extremely important as stock markets are witnessing a lot of volatility due to the ongoing Middle East war. The public sector company has also fixed a record date to determine the eligibility of shareholders for this corporate action. However, investors must buy the stock before the ex-date, which is generally 1-2 days before the record date, to be eligible for a corporate action. While the ex-date…

New Delhi: Systematic Investment Plans (SIPs) have transformed the investment landscape for Indian retail investors by allowing them to begin investing with a minimum monthly contribution of Rs 5,000. But here’s the catch - many first-time investors think that splitting that Rs 5,000 across five different mutual funds is smart diversification. Some experts believe that this is a common mistake. "You face an excessive amount of work because you divided your money into too many parts, which we refer to as 'diworsification'," said  Ashish Anand, Partner, Fortuna Asset Managers. For the uninitiated, 'diworsification' is a term coined by Peter Lynch,…