Market News

SBI Fund Management Pvt. Ltd, the asset management arm of State Bank of India, is preparing to file a DRHP for its proposed IPO by the end of March. The issue, expected to be around ₹13,000 crore, will be entirely an offer for sale by existing shareholders, including SBI and Amundi.

The Pentagon may allow limited use of Anthropic’s AI tools in rare cases related to national security, even after announcing a ban earlier.

The National Company Law Tribunal (NCLT) has cleared the merger of Milk Mantra with Hatsun Agro. The order sets 1 April 2025 as the designated effective date for the amalgamation..

Indian markets closed lower on 12 March as Sensex fell 829 points and Nifty dropped 227, while crude oil crossed $100 amid rising Middle East tensions.

According to reports, Iran has allowed Indian-flagged oil tankers to pass through the Strait of Hormuz. The move can go a long way in ensuring the safety of ships passing through it.

As artificial intelligence expands beyond cloud-based software into robotics and machine-led systems, global investors are directing fresh capital toward physical AI, seen as the next major phase after generative AI.

Debt mutual fund inflows fell sharply in February as treasury-related investments slowed. However, equity funds saw a moderate rise in inflows.

The Union Cabinet has approved amendments to the Insolvency and Bankruptcy Code to improve the debt resolution process. The changes include faster appeals and reduced deadlines for handling insolvency cases.

Real estate investment in the Asia Pacific region is expected to strengthen in 2026 as financing conditions improve. India remains one of the fastest-growing markets, with institutional inflows reaching a record $8.5 billion in 2025.

Singapore Exchange plans to launch bond futures linked to India and Southeast Asian markets, aiming to provide global investors with new hedging and trading tools tied to the region’s fast-growing fixed-income markets.

Mutual funds continued to attract inflows last month despite broader markets showing weaknesses. The inflows boosted the industry’s total assets which stood at ₹82.03 lakh crore at the end of Feb.

A study found that risk-related disclosures form a major share of SEBI’s observations on companies planning to launch IPOs.