SUN Financial News

Subscribe to enjoy similar stories. Asset management companies (AMCs) are specialized entities that manage pooled investments on behalf of investors. In this editorial, we list the top AMCs regulated by the Securities and Exchange Board of India (Sebi).

Kotak Mahindra Bank Ltd sees little value in listing its subsidiaries and selling a stake to “foreigners” at present and would rather focus on building an enduring institution, said chief executive officer Ashok Vaswani, even as peers have taken their units public during India’s record IPO surge.History shows that whenever a private or public sector bank sold a significant stake, they brought buyers from overseas, Vaswani, who will complete two years at the helm of India’s fourth-largest private lender by assets in January, said in an interview with Mint.“We are not here for a day in the sun or a quarter in the sun; we are here to build a lasting, lasting, lasting franchise,” said Vaswani. “The foreigner brought in no talent, the foreigner brought in no brand.

Earlier this month, the Delhi high court, in separate judgements, allowed Dr Reddy’s Laboratories and Sun Pharmaceutical Industries to manufacture and export generic semaglutide to non-patent-holding countries. However, both companies cannot sell the drug domestically until innovator Novo Nordisk loses its patent-exclusivity rights in the country in March 2026.While experts said the move by Dr Reddy’s and Sun Pharma is to grab an early-mover advantage in selling the blockbuster weight-loss drug, the companies won’t be the first to enter non-patented markets.

Subscribe to enjoy similar stories. Stock market recap: Indian stock market benchmarks–the Sensex and the Nifty 50–ended flat with negative biases on Thursday, 18 December 18, due to a lack of fresh triggers. The Sensex closed 78 points, or 0.09%, lower at 84,481.81, while the Nifty 50 settled at 25,815.55, down 3 points, or 0.01%.

Subscribe to enjoy similar stories. Trust actor Karisma Kapoor to know a few things about fashion and beauty. For Kapoor has faced the camera since the age of 16.

Rashmika Mandanna, one of India's most adored actresses, turned 29 today and took to Instagram to share sun-soaked photos from her trip to Salalah, Oman. While fans couldn’t stop gushing over her radiant snaps, there was one person who wasn’t exactly thrilled — her fitness trainer. In the photos, Rashmika is seen enjoying a serene moment at a table loaded with delicious food, dressed in a chic sleeveless black tank top paired with denim jeans and a wide-brimmed hat. Flashing her trademark smile and signature heart-fingers gesture, the actress looks every bit the happy traveler soaking in Salalah’s beauty. But not everyone is pleased with her indulgence. In the caption, Rashmika cheekily wrote, “Good food + full almost exploding happy tummy = angry Junaid Shaikh and Sagar (my trainers). I read this somewhere. Salalah — land of sun, sand and smiles. How cute it sounds!”

Honda will partner with US companies to test in orbit a renewable energy technology it hopes to one day deploy on the Moon's surface, the Japanese carmaker announced Friday. The auto giant is developing a mechanism capable of generating electricity and oxygen continuously — enabling astronauts to breathe — thanks to solar energy and water known to be present in some lunar soils. Now it plans to test this technology aboard the International Space Station, it said in a release, without giving a date. Honda already employs the system in its electric vehicles, and now wants to extend it to space to «to support life in space and on Earth.» «During the Lunar Day, the system will use electricity generated by the sun to power the process. Honda's high-differential pressure water electrolysis system will then produce hydrogen and oxygen from water,» it explained.

Anand Sagar Pathak of Astropatri, talks about your career, your business prospects, your finances as per your Ascendant or your Moon sign as the Sun sign for a lot of Indians is different from what they know. In our system of astrology, the Sun moves 23-24 days behind Western Astrology and therefore the Sun often does not reside in the sign governed by a fixed date system.

Rajshree Sugars & Chemicals Ltd.(up 6.72%), Kothari Sugars & Chemicals Ltd.(up 3.49%), Rana Sugars Ltd.(up 2.98%), Sakthi Sugars Ltd.(up 2.94%), Bannari Amman Sugars Ltd.(up 2.91%), KCP Sugar & Industries Corporation Ltd.(up 2.47%), Vishwaraj Sugar Industries Ltd.(up 2.36%), Balrampur Chini Mills Ltd.(up 2.28%), Dalmia Bharat Sugar and Industries Ltd.(up 2.16%) and EID Parry(India)Ltd.(up 1.92%) stood among the top gainers.

Benchmark NSE Nifty closed 82.25 points down at 23250.1 amid selling in frontline bluechip counters.

Mangalore Chemicals & Fertilizers Ltd.(up 9.43%), Paradeep Phosphates Ltd.(up 5.26%), Nagarjuna Fertilizers and Chemicals Ltd.(up 4.94%), Aries Agro Ltd.(up 4.75%), Agro Phos India Ltd.(up 3.57%), Madras Fertilizers Ltd.(up 3.15%), Zuari Agro Chemicals Ltd.(up 2.75%), Sikko Industries Ltd.(up 2.63%), Gujarat State Fertilizer & Chemicals Ltd.(up 2.13%) and Rashtriya Chemicals & Fertilizers Ltd.(up 1.88%) stood among the top gainers.

Bewakoof, founder and CEO Prabhkiran Singh shared his journey from a modest office in a Mumbai slum to building a brand popular among urban youth. Singh posted on LinkedIn about the challenges he faced, including working in a small space without air conditioning under a tin shed, and the resilience that helped the company grow.

Prince Harry expected to be informed about his father's health despite being thousands of miles away. However, reports indicate that Buckingham Palace did not notify him before making King Charles' hospitalization public.

Indian markets, especially after their strong recovery in March. While experts suggest the impact may be transient, here’s a look at the sectors and stocks most at risk. Additionally, we will explore whether any stocks are immune to this shock.

Subscribe to enjoy similar stories. The three best months to workout given how the sun shines in India are probably February to April. It is the best time to prime the body for the summers, get stronger, gain some good weight with whole carbs and protein and fruits and vegetables, and also sweat it out with some solid higher intensity work.

partial solar eclipse is set to take place on Saturday, March 29, marking the first solar eclipse of 2025. The event occurs when the Moon moves between the Earth and the Sun, partially blocking sunlight and casting a shadow on parts of the Earth. According to NASA, the eclipse will be visible across regions of Europe, Asia, Africa, North America, South America, and the Arctic.

News reports indicate that Putin is struggling with serious health issues such as cancer and Parkinson's, as evidenced by shaking limbs and puffy features. The Kremlin persists in denying everything.