Financial services
Investec has downgraded InterGlobe Aviation (IndiGo) to a "Sell" rating, citing a disconnect between the stock's price and the company's financial and operational outlook. The brokerage firm highlights four key reasons for its caution: a tough quarter ahead, revenue versus costs, a slip in
Financial services
Resilient Wealth Management, a financial advisory firm based in Fresno, California, has joined LPL Financial's broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. The firm was founded in 2020 by financial advisor Brandon Dixon-James, CFP, who has reported serving approximately $250 million in advisory, brokerage, and retirement plan
Financial services
Texel Group, the leading independent specialist credit and political risk insurance broker, has successfully transitioned to 100% employee ownership through the creation of the Texel Employee Ownership Trust (EOT). This move ensures the company's long-term independence, protects its unique culture, and directly rewards the dedication and hard work
Financial services
The Public Utility Commission of Texas has issued specific requirements for electricity broker registration, emphasizing compliance with customer protection provisions, disclosure requirements, and marketing guidelines established by the Commission. Individuals and entities providing brokerage services for compensation must register as brokers within the Commission. This registration requires furnishing accurate and
Financial services
The National Insurance Trust Fund (NITF) has been at the center of a massive controversy after awarding a state-backed contract to unlicensed foreign insurance broker Tysers, which has a history of involvement in high-profile bribery cases. Despite the company's tarnished record, the NITF appointed Tysers as the broker
Financial services
The joint venture between Reliance Industries and BlackRock has secured the approval from the Securities and Exchange Board of India (SEBI) to establish Jio BlackRock as a brokerage firm in India. Following the approval, Jio Financial Services witnessed a significant rise in its stock value, climbing by 4% to Rs
Financial services
BlockFills, a US-based digital asset trading and market technology provider, has expanded its network of liquidity providers through a full integration with Estonian brokerage technology provider Your Bourse. This integration enables qualified clients connected to Your Bourse to establish an enterprise-level trading relationship with BlockFills, leveraging its extensive liquidity and
Financial services
Private collections and high-net-worth property owners with valuable art and collectibles now have a comprehensive wildfire protection solution available, thanks to a new insurance program launched by , a leading provider of wildfire analytics and property-specific protection services, in partnership with and ("EPIC"). This groundbreaking program offers tailored wildfire
Financial services
The Public Utility Commission of Texas has established strict regulations for electricity brokers in the state. According to a document issued on June 23, 2025, any person providing brokerage services for compensation or other consideration must register as a broker with the Commission. Registration is mandatory for individuals and firms
Financial services
Motilal Oswal, a leading brokerage firm, has turned bullish on Gravita India and maintained a 'Buy' rating with a target price of Rs 2,300 per share. The company believes Gravita India is entering a new phase of growth driven by factors such as expansion into non-lead businesses
Financial services
Environmental campaigners from Extinction Rebellion Forres have staged a protest outside an insurance brokers in Moray, targeting Howden due to its role in continuing to underwrite new oil, gas, and coal projects. The protest came in the form of an open letter handed over at the company's Elgin
Financial services
Paytm's earnings per share (EPS) growth is expected to follow a non-linear trajectory, driven by current revenue lines growing at a compound annual growth rate (CAGR) of around 20%, while indirect expenses are expected to grow at a more modest CAGR of 10%. This could lead to an
