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Iran launched its new Fattah hypersonic missile at Israel, breaching air defenses and prompting retaliatory airstrikes. The missile, capable of Mach 15 speeds and in-flight maneuvers, marks a potential shift in regional power. Israel responded by targeting Iranian military assets, escalating the conflict and raising concerns about further escalation between the two nations.
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News and Media
ESAF Small Finance Bank shares jumped following the board's approval to sell non-performing loans to an asset reconstruction company. The bank also partnered with Maruti Suzuki India. This collaboration aims to provide retail financing solutions for vehicles. The partnership targets first-time buyers in tier-II and tier-III cities. Technical indicators show the stock is neither overbought nor oversold.
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News and Media
The Securities and Exchange Board of India (SEBI) has approved new rules. Startup founders can now hold employee stock options after listing. Alternative investment funds get co-investment opportunities. Public sector companies can voluntarily delist with relaxed norms. Foreign funds will benefit from eased investment rules. These changes aim to boost investment and simplify regulations for businesses in India.
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News and Media
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