SEBI Chairperson Tuhin Kanta Pandey flags weak municipal body balance sheets as challenge in bond issuance

SEBI Chairman Tuhin Kanta Pandey during the ‘Infrastructure Conclave 2025’, in Mumbai, Maharashtra on September 18, 2025. | Photo Credit: PTI The weak balance sheets of the municipal bodies are a challenge in the development of municipal bond market in India, said Securities and Exchange Board of India (SEBI) Chairperson Tuhin Kanta Pandey at an…

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Urban Company shares make strong market debut; jump over 57% over issue price

 The company plans to use funds raised through the fresh issuance for new technology development and cloud infrastructure, lease payments for its offices, marketing activities, and general corporate purposes. File. | Photo Credit: Reuters Shares of app-based beauty and home services platform Urban Company Ltd on Wednesday (September 17, 2025) listed with a premium of…

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Rupee rises 25 paise to close at 87.84 against U.S. dollar

Image for representational purposes only. | Photo Credit: Reuters The rupee appreciated 25 paise to close at 87.84 (provisional) against U.S. dollar on Wednesday (September 17, 2025), tracking a positive trend in domestic equities and supported by optimism over U.S.–India trade negotiations. Forex traders said the Indian rupee strengthened for the fourth consecutive session on…

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