Business

03

Nov

By The Press Editor

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Business

LIC-back NBFC’s board to consider issuance of non-convertible debentures on November 6: Check details

The NBFC recently informed exchanges that its Operations and Finance Committee approved the issuance of two new debenture series during a meeting held on October 30, 2025. Mumbai: Shares of LIC-backed Paisalo Digital, a non-banking financial company, are in focus as the company has informed exchanges that its board members of the operations and finance committee will meet on November 6, 2025, to consider and approve a proposal to issue non-convertible debentures (NCDs) through a private placement. Following this update, the stock began the trading session in the red at Rs 37.85 on the BSE, amid a decline in benchmark…

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03

Nov

By The Press Editor

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Business

Gold, silver prices rise on MCX | Check city-wise rates

Gold Price Today, Gold MCX Rate: On the MCX, the yellow metal futures for February 2026 gained by Rs 619 or 0.51 per cent to trade at Rs 1,23,188 per 10 grams in business turnover of 2,461 lots. Mumbai: Rates of precious metals in futures trade climbed on Monday, November 3, 2025 amid reports that US President Donald Trump may impose restrictions on exports of advanced artificial intelligence hardware to China. The gold December 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 203 at Rs 1,21,232 per 10 grams against the previous close of…

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03

Nov

By The Press Editor

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Business

Interim Dividend: Multibagger stock gains as company sets board meeting date for Q2 results, dividend

The company said that the board members will discuss the proposal to declare an interim dividend for the financial year 2025-26. The record date for this will also be determined at the meeting. Mumbai: Shares of cigarette and tobacco product manufacturer Elitecon International Ltd. witnessed a strong rally on November 3, 2025, despite the stock markets declining in early trade. The stock opened with a gain of 4.98 per cent today to hit an upper circuit of Rs 156.10. The stock gained as the company shared updates regarding its financial results for the September quarter (Q2FY26) and interim dividend. As…

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03

Nov

By The Press Editor

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Business

Upper Circuit Alert: BSE-listed stock hits fresh 52-week high even as stock markets decline in early trade: Details

The stock's 14-day relative strength index (RSI) is 84.52. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of smallcap company Spice Lounge Food Works Ltd are locked in the upper circuit for the fifth straight session today, i.e. on November 3, 2025. The hospitality stock surged even as the benchmark indices Sensex and Nifty declined in early trade amid profit-taking and foreign fund outflows. The counter surged 5 per cent and locked in a 5 per cent upper circuit of Rs 57.73 as soon as…

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03

Nov

By The Press Editor

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Business

BEL Share Price: Defence PSU stock falls over 2% post quarterly results

BEL Share Price: The Company's profit after tax for the second quarter of FY26 was up by 17.9 per cent YoY and 37.5 per cent QoQ at Rs 17 billion. Mumbai: Shares of the defence public sector undertaking (PSU) fell over 2 per cent on Monday, November 3, 2025, as benchmark indices Sensex and Nifty declined in early trade amid profit-taking and foreign fund outflows. The stock started the trading session in the green at Rs 427.60 against the previous close of Rs 426.15 on the BSE. The stock surged to touch a high of Rs 431.15 before falling to…

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03

Nov

By The Press Editor

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Business

Lenskart IPO GMP Today: Grey market premium rises to Rs 85 on day 2 of bidding, full details

Lenskart IPO GMP Today: According to data available on the National Stock Exchange (NSE), the IPO received bids for 11,22,94,482 shares against 9,97,61,257 shares on offer on first day of bidding. Mumbai: The initial public offer of eyewear retailer Lenskart Solutions Ltd received a decent response on its first day of bidding on Friday and was 1.13 times. According to data available on the National Stock Exchange (NSE), the IPO received bids for 11,22,94,482 shares against 9,97,61,257 shares on offer on the first day of bidding. Among investors' categories, Qualified Institutional Buyers (QIBs) part attracted 1.42 times subscription, while the…

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31

Oct

By The Press Editor

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Business

Six new Vande Bharat trains likely to be launched in Jharkhand soon: Check expected routes, ticket fare

Vandxe Bharat Express: The South Eastern Railway has submitted a proposal to run new Vande Bharat Expresses to six destinations in Jharkhand. This proposal was made in response to a demand from the South Eastern Railway Consumer Advisory Committee. Ranchi: Here comes a piece of good news for the train passengers. Six new Vande Bharat trains are likely to be launched from Jharkhand soon. In this regard, the South Eastern Railway has submitted a proposal to run new Vande Bharat Expresses to six destinations in the state. This proposal was made in response to a demand from the South Eastern…

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31

Oct

By The Press Editor

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Business

NHAI simplifies ‘Know Your Vehicle’ process for FASTag users: Here are the key changes

The NHAI has simplified the FASTag 'Know Your Vehicle' process to make it more user-friendly and efficient. By eliminating the need for side photos and ensuring automatic data retrieval from Vahan, the government aims to reduce compliance hassles and enhance customer convenience. New Delhi: The National Highways Authority of India (NHAI) has introduced major relief for FASTag users by streamlining the Know Your Vehicle (KYV) process. The revised guidelines, issued by the Indian Highways Management Company Limited (IHMCL), aim to make compliance easier and enhance the overall customer experience. According to the new directions, FASTag services will not be suspended…

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31

Oct

By The Press Editor

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Business

Bonus issue, stock split: FCL shares hit 20% upper circuit on ex-date – Check details

According to the information available on BSE, the company had last issued a bonus in the ratio of 1:1 around 10 years ago, i.e. in the year 2015. Mumbai: Shares of Fineotex Chemical Ltd hit a 20 per cent upper circuit on Friday, October 31, 2205, even as benchmark indices traded in the red. This surge comes after a stock split, where the stock fell sharply to Rs 25.75 today from yesterday's closing price of Rs 250. Some brokerage trading apps showed the unadjusted price for a while. The drop in share price following the stock split led to a…

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31

Oct

By The Press Editor

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Business

Financial Alert: These 7 key changes to affect your banking, Aadhaar and wallet in November – Details

Starting November 1, banks will allow customers to nominate up to four people for a single account, locker, or safe custody item. New Delhi: Several finance and regulatory rules are set to change starting November 1, 2025. These changes will affect your banking, credit cards, personal identification documents, and government schemes. From Aadhaar update charges to changes in GST slabs and card fees, let's take a look at the significant changes that will take effect from November 1. No Fees Required for Aadhaar Updates The Unique Identification Authority of India (UIDAI) has waived the Rs 125 fee for biometric updates…

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