AJAY FORGINGS

Adani Enterprises’ ₹25,000-crore rights issue receives strong response, oversubscribed by 108%

Adani Enterprises' ₹25,000-crore rights issue, one of India's largest, received a strong response with a 108% subscription rate. The funds will support infrastructure projects and…

Adani Green Energy: Quant MF, other funds buy stake in Rs 2,778 crore block deal

Adani Green Energy saw a Rs 2,778 crore block deal as Total Energies sold 2.86 crore shares, absorbed by major institutional buyers and family offices.…

ET Market Watch: Sensex, Nifty extend 3-day losing streak ahead of Fed rate decision

Sebi relaxes re-KYC process for NRIs; removes physical presence clause

Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India…

Tesla stock is this bank’s top pick. Why it can accelerate into 2026 and beyond.

AI can drive Tesla shares higher in 2026, says Deutsche Bank, if the macro economy cooperates.

Bank of India raises Rs 2,500 cr from Tier II bonds

State-owned Bank of India (BoI) on Wednesday said it has raised Basel III-compliant Tier II bonds of Rs 2,500 crore to fund business growth.

One bitcoin bull has cut their forecast as "cold breeze" blows

Standard Chartered has halved its bitcoin price forecasts for 2025 and 2026, citing weaker demand and a shift toward ETF-driven buying. Analyst Geoff Kendrick now…

NCLT dismisses RCom plea seeking ₹325-crore refund from Ericsson

RCom was seeking a partial repayment of the ₹550 crore that Reliance Group paid Ericsson in 2019 to purge a Supreme Court contempt order for…

Nephrocare Health IPO off to slow start, subscribed 0.13x on opening day

Nephrocare Health Services' IPO launched on December 10 garnered a lackluster response, recording only 0.13 times subscription. The company plans to raise ₹871.05 crore to…

US Fed expected to cut rates, but may signal a coming pause

The U.S. Federal Reserve is expected to cut interest rates on Wednesday as policymakers grapple with gaps in economic data caused by the recent government…

US bankruptcy court reverses $1 bn damages against Byju Raveendran

Earlier this year, Byju's creditors, including GLAS Trust, sued and accused Raveendran, along with his co-founder wife Divya Gokulnath and another accomplice Anita Kishore of…